Intuit (INTU) 10/28/09 PriceWatch Alert With 12.03% Downside Protection

Posted: Wednesday, October 28, 2009 8:44 AM EDT
By: Market Intelligence Center Staff





Intuit (NasdaqNM: INTU) closed yesterday at $29.92. So far the stock has hit a 52-week low of $20.18 and 52-week high of $31.29. Intuit stock has been showing support around 29.37 and resistance in the 30.57 range. Technical indicators for the stock are Bullish and S&P gives INTU a neutral 3 STAR (out of 5) hold rating. INTU appears on the Investors Observer Analysts Favorites list. For a hedged play on this stock, look at an Apr '10 27.50 covered call (IQU DY) for a net debit in the $26.32 area. That is also the break even stock price for this trade. This covered call has a 171 day duration, provides 12.03% downside protection and a 4.48% assigned return rate for a 9.57% annualized return rate (comparison purposes only). Intuit does not pay dividends at this time. [WBA-Seven Summits Research]



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More News For Intuit (INTU):

Intuit (INTU) Showing Bullish Technicals But Could Fall Through $57.02 Support

Wednesday, February 08, 2012... Intuit (NASDAQ:INTU) closed Tuesday's dramatic trading session at $57.62. In the past year, the stock has hit a 52-week low of $39.87 and 52-week......

http://www.marketintelligencecenter.com/analyfav/1333294

Intuit (INTU) Could Fall Through $55.85 Support Level

Thursday, February 02, 2012... Intuit (NASDAQ:INTU) closed Wednesday's dramatic trading session at $57.88. In the past year, the stock has hit a 52-week low of $39.87 and 52-week......

http://www.marketintelligencecenter.com/analyfav/1332112

Intuit (INTU) Sees 2x Normal Options Volume, Stock Trading Up 1.1%

Wednesday, February 01, 2012... Intuit (NASDAQ: INTU) opened at $56.99. So far today, the stock has hit a low of $56.64 and a high of $57.16. INTU is now trading at $57.07, up $0.63......

http://www.marketintelligencecenter.com/newsbites/1331861

Intuit (INTU) Could Fall Through $56.86 Support Level

Friday, January 27, 2012... Intuit (NASDAQ:INTU) closed Thursday's deflating trading session at $57.49. In the past year, the stock has hit a 52-week low of $39.87 and 52-week......

http://www.marketintelligencecenter.com/analyfav/1330843

Intuit (INTU) Showing Bullish Technicals With Support At $56.56

Monday, January 23, 2012... Intuit Inc (NASDAQ: INTU) closed Friday's trading session at $57.09. In the past year, the stock has hit a 52-week low of $39.87 and 52-week high of......

http://www.marketintelligencecenter.com/analyfav/1329434


Hedged Trade Ideas For INTU:



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