ING Group (ING) 10/19/09 PriceWatch Alert Up To 17.95% Return
Posted: Monday, October 19, 2009 8:27 AM EDT
By: Market Intelligence Center Staff
ING Group (NYSE: ING) ended the last trading session at $17.98. So far the stock has hit a 52-week low of $3.02 and 52-week high of $18.89. ING Group stock has been showing support around 17.57 and resistance in the 18.41 range. Technical indicators for the stock are Bullish and S&P gives ING a neutral 3 STAR (out of 5) hold rating. ING appears on the Investors Observer Volume Leaders list. For a hedged play on this stock, look at an Apr '10 15 covered call (ING DC) for a net debit in the $13.78 area. That is also the break even stock price for this trade. This covered call has an 180 day duration, provides 23.36% downside protection and an 8.85% assigned return rate for a 17.95% annualized return rate (comparison purposes only). ING Group does not pay dividends at this time. [ABR-Seven Summits Research]
CLICK HERE: FREE ING Group (ING) Stock ReportSee what our analysts have uncovered about ING Group (ING).
More News For ING Group (ING):
ING Group (ING) Up 2.6% as European Banks Rally
Thursday, December 22, 2011... ING Group (NYSE: ING) rose sharply on Friday as European banks led that continent's major indexes higher.
ING opened at $7.17. So far today, the......
http://www.marketintelligencecenter.com/newsbites/1323611
Concerns About Deal in Europe Drives Stocks Lower
Monday, December 12, 2011... Stocks are moving sharply lower this morning as investors remain uncertain about the debt crisis in Europe. European leaders, including the 17......
http://www.marketintelligencecenter.com/newsbites/1321137
Europe Sentiment Drags Stocks Lower
Wednesday, December 07, 2011... Stocks fell after a German official appeared to dash investor hopes for a big new boost to Europe's bailout mechanism and tempered expectations for a......
http://www.marketintelligencecenter.com/newsbites/1320185
ING Group (ING) Sees Heavy Put Volume, Shares Down 5%
Monday, November 07, 2011... ING Group (NYSE: ING) opened at $8.01. So far today, the stock has hit a low of $7.90 and a high of $8.10. ING is now trading at $7.92, down $0.42......
http://www.marketintelligencecenter.com/newsbites/1313517
blog comments powered by