A T and T (T) 11/3/09 PriceWatch Alert With $23.72 Break Even
Posted: Tuesday, November 03, 2009 8:41 AM EDT
By: Market Intelligence Center Staff
A T and T (NYSE: T) closed yesterday at $25.59. So far the stock has hit a 52-week low of $21.44 and 52-week high of $30.65. A T and T stock has been showing support around 24.58 and resistance in the 26.42 range. Technical indicators for the stock are Bearish and S&P gives T a very positive 5 STAR (out of 5) strong buy rating. T appears on the Investors Observer Hedged Dividend Income list. For a hedged play on this stock, look at an Apr '10 25 covered call (T DE) for a net debit in the $23.72 area. That is also the break even stock price for this trade. This covered call has a 165 day duration, provides 7.31% downside protection and a 5.40% assigned return rate for an 11.94% annualized return rate (comparison purposes only). A lower cost hedged play for this stock would use a longer term call option in place of the covered call stock purchase. To use this strategy look at going long the T Jan '11 20 Call (VFE AD) and selling the Apr '10 25 call (T DE) for a $4.18 debit. The trade has a 165 day life and would provide 5.51% downside protection and a 19.62% assigned return rate for a 43.00% annualized return rate (for comparison purposes only). A T and T has a current annual dividend yield of 6.25%. [ATU-Seven Summits Research]
CLICK HERE: FREE A T and T (T) Stock ReportSee what our analysts have uncovered about A T and T (T).
More News For A T and T (T):
AT&T (T) Trading Near $29.65 Support Level
Wednesday, February 08, 2012... AT&T (NYSE:T) closed Tuesday's dramatic trading session at $30.04. In the past year, the stock has hit a 52-week low of $27.27 and 52-week high of......
http://www.marketintelligencecenter.com/analyfav/1333144
AT&T (T) Trading Near $30.05 Resistance Level
Thursday, February 02, 2012... AT&T (NYSE:T) closed Wednesday's favorable trading session at $29.60. In the past year, the stock has hit a 52-week low of $27.27 and 52-week high......
http://www.marketintelligencecenter.com/analyfav/1332123
AT&T (T) Trading Near $30.20 Resistance Level
Friday, January 27, 2012... AT&T (NYSE:T) closed Thursday's losing trading session at $29.45. In the past year, the stock has hit a 52-week low of $27.20 and 52-week high of......
http://www.marketintelligencecenter.com/analyfav/1330814
blog comments powered by