Hansen Natural (HANS) PriceWatch Alert At $30.39 Break Even
Posted: Tuesday, August 11, 2009 8:13 AM EDT
By: Market Intelligence Center Staff
Hansen Natural (NasdaqNM: HANS) closed yesterday at $34.19. So far the stock has hit a 52-week low of $20.52 and 52-week high of $44.02. Hansen Natural stock has been showing support around 32.96 and resistance in the 36.36 range. Technical indicators for the stock are Bullish. HANS appears on the Investors Observer Stocks In The News list. HANS reported a second-quarter profit last week of $57.3 million or 60 cents per share, matching analysts' forecasts. For a hedged play on this stock, look at a Dec '09 34 covered call (QHO LQ) for a net debit in the $30.39 area. That is also the break even stock price for this trade. This covered call has a 130 day duration, provides 11.11% downside protection and an 11.88% assigned return rate for a 33.35% annualized return rate (comparison purposes only). Hansen Natural does not pay dividends at this time. [For more information on these strategies along with more details on possible risks go to www.iotogo.com/HPWAinfo]
CLICK HERE: FREE Hansen Natural (HANS) Stock ReportSee what our analysts have uncovered about Hansen Natural (HANS).