Agilent Technologies Inc. (A) 11/2/09 PriceWatch Alert Down To $21.44 Break Even

Posted: Monday, November 02, 2009 8:39 AM EDT

Agilent Technologies Inc. (NYSE: A) ended the last trading session at $24.74. So far the stock has hit a 52-week low of $12.02 and 52-week high of $29.38. Agilent stock has been showing support around 23.85 and resistance in the 26.25 range. Technical indicators for the stock are Bearish and S&P gives A a positive 4 STAR (out of 5) buy rating. A appears on the Investors Observer Volume Leaders list. For a hedged play on this stock, look at a Feb '10 22.50 covered call (A BX) for a net debit in the $21.44 area. That is also the break even stock price for this trade. This covered call has an 110 day duration, provides 13.34% downside protection and a 4.94% assigned return rate for a 16.41% annualized return rate (comparison purposes only). Agilent does not pay dividends at this time. [ABR-Seven Summits Research]

Click Symbol For More News On: (A)