iShares S&P Latin America 40 Index (ILF) PriceWatch Alert Support At Around $37.09
Posted: Monday, August 03, 2009 8:07 AM EDT
By: Market Intelligence Center Staff
iShares S&P Latin America 40 Index (PCX: ILF) ended the last trading session at $37.68. So far ILF has hit a 52-week low of $19.64 and 52-week high of $50.56. ILF has been showing support around 37.09 and resistance in the 38.29 range. Technical indicators are Bullish. ILF appears on the Investors Observer Select ETF and HOLDR list. For a hedged play on this stock, look at a Dec '09 35 covered call (ILF LI) for a net debit in the $32.68 area. That is also the break even stock price for this trade. This covered call has a 138 day duration, provides 13.27% downside protection and a 7.10% assigned return rate for an 18.78% 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 (ILF) Stock ReportSee what our analysts have uncovered about (ILF).