SPDR DJ Wilshire International Real Estate ETF (RWX) PriceWatch Alert for July 10, 2009
Posted: Friday, July 10, 2009 8:07 AM EDT
By: Market Intelligence Center Staff
SPDR DJ Wilshire International Real Estate ETF (PCX: RWX) closed yesterday at $27.71. So far RWX has hit a 52-week low of $17.48 and 52-week high of $49.02. RWX has been showing support around 27.32 and resistance in the 28.12 range. Technical indicators are Neutral. RWX appears on the Investors Observer Select ETF and HOLDR list. For a hedged play on this stock, look at a Dec '09 27 covered call (RFT LA) for a net debit in the $26.01 area. That is also the break even stock price for this trade. This covered call has a 162 day duration, provides 6.13% downside protection and a 3.81% assigned return rate for an 8.58% 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 (RWX) Stock ReportSee what our analysts have uncovered about (RWX).