Vanguard Emerging Markets ETF (VWO) PriceWatch Alert Targets 28.94% Return
Posted: Monday, July 06, 2009 8:07 AM EDT
By: Market Intelligence Center Staff
Vanguard Emerging Markets ETF (PCX: VWO) closed yesterday at $31.56. So far VWO has hit a 52-week low of $18.50 and 52-week high of $46.00. VWO has been showing support around 31.18 and resistance in the 32.20 range. Technical indicators are Bullish. VWO appears on the Investors Observer Select ETF and HOLDR list. For a hedged play on this stock, look at a Sep '09 31 covered call (VWO IE) for a net debit in the $29.26 area. That is also the break even stock price for this trade. This covered call has a 75 day duration, provides 7.29% downside protection and a 5.95% assigned return rate for a 28.94% annualized return rate (comparison purposes only). [For more information on these strategies along with more details on possible risks go to www.iotogo.com/HPWAinfo]
CLICK HERE: FREE (VWO) Stock ReportSee what our analysts have uncovered about (VWO).