iShares S&P Latin America 40 Index (ILF) PriceWatch Alert With $35.06 Break Even
Posted: Wednesday, August 05, 2009 8:07 AM EDT
By: Market Intelligence Center Staff
iShares S&P Latin America 40 Index (PCX: ILF) closed yesterday at $39.46. So far ILF has hit a 52-week low of $19.64 and 52-week high of $49.15. ILF has been showing support around 38.63 and resistance in the 40.11 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 Mar '10 39 covered call (ILF CM) for a net debit in the $35.06 area. That is also the break even stock price for this trade. This covered call has a 227 day duration, provides 11.15% downside protection and an 11.24% assigned return rate for an 18.07% 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).