Siemens Aktiengesellschaft (SI) 11/3/09 PriceWatch Alert With $83.67 Break Even

Posted: Tuesday, November 03, 2009 8:45 AM EDT

Siemens Aktiengesellschaft (NYSE: SI) closed yesterday at $90.57. So far the stock has hit a 52-week low of $47.51 and 52-week high of $103.08. Siemens Aktiengesellschaft stock has been showing support around 87.90 and resistance in the 93.74 range. Technical indicators for the stock are Bearish. SI appears on the Investors Observer Hedged Dividend Income list. For a hedged play on this stock, look at a Jan '10 90 covered call (SI AR) for a net debit in the $83.67 area. That is also the break even stock price for this trade. This covered call has a 74 day duration, provides 7.62% downside protection and a 7.57% assigned return rate for a 37.32% annualized return rate (comparison purposes only). Siemens Aktiengesellschaft has a current annual dividend yield of 1.60%. [ATU-Seven Summits Research]

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