ManTech International (MANT) 11/3/09 PriceWatch Alert Up To 8.15% Return

Posted: Tuesday, November 03, 2009 8:26 AM EDT

ManTech International (NasdaqNM: MANT) closed yesterday at $44.19. So far the stock has hit a 52-week low of $32.86 and 52-week high of $60.62. ManTech International stock has been showing support around 42.65 and resistance in the 45.23 range. Technical indicators for the stock are Bearish and S&P gives MANT a positive 4 STAR (out of 5) buy rating. MANT appears on the Investors Observer Momentum Plays list. For a hedged play on this stock, look at a May '10 40 covered call (UUN EH) for a net debit in the $38.29 area. That is also the break even stock price for this trade. This covered call has a 200 day duration, provides 13.35% downside protection and a 4.47% assigned return rate for an 8.15% annualized return rate (comparison purposes only). ManTech International does not pay dividends at this time. [ATU-Seven Summits Research]

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