Ventas Inc. (VTR) PriceWatch Alert Targets 16.88% Return

Posted: Monday, July 06, 2009 8:07 AM EDT

Ventas Inc. (NYSE: VTR) closed yesterday at $28.30. So far the stock has hit a 52-week low of $17.31 and 52-week high of $52.00. Ventas stock has been showing support around 27.03 and resistance in the 30.83 range. Technical indicators for the stock are Neutral and S&P gives VTR a neutral 3 STAR (out of 5) hold rating. VTR appears on the Investors Observer Hedged Dividend Income list. For a hedged play on this stock, look at a Nov '09 25 covered call (VTR KE) for a net debit in the $23.50 area. That is also the break even stock price for this trade. This covered call has a 138 day duration, provides 16.96% downside protection and a 6.38% assigned return rate for a 16.88% annualized return rate (comparison purposes only). Ventas has a current annual dividend yield of 6.95%. [For more information on these strategies along with more details on possible risks go to www.iotogo.com/HPWAinfo]

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