iShares S&P Latin America 40 Index (ILF) 11/3/09 PriceWatch Alert Up To 18.26% Return

Posted: Tuesday, November 03, 2009 8:31 AM EDT

iShares S&P Latin America 40 Index (PCX: ILF) closed yesterday at $43.57. So far ILF has hit a 52-week low of $19.64 and 52-week high of $47.72. ILF has been showing support around 41.89 and resistance in the 45.37 range. Technical indicators are Bullish. ILF appears on the Investors Observer Select ETF and HOLDR list. For a hedged play on this stock, look at a Mar '10 41 covered call (ILF CS) for a net debit in the $38.37 area. That is also the break even stock price for this trade. This covered call has a 137 day duration, provides 11.93% downside protection and a 6.85% assigned return rate for an 18.26% annualized return rate (comparison purposes only). [ATU-Seven Summits Research]

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