AmSurg (AMSG) 11/3/09 PriceWatch Alert Could Hit 13.29% Return

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

AmSurg (NasdaqNM: AMSG) closed yesterday at $21.40. So far the stock has hit a 52-week low of $12.23 and 52-week high of $25.76. AmSurg stock has been showing support around 20.64 and resistance in the 22.00 range. Technical indicators for the stock are Bearish and S&P gives AMSG a weak 2 STAR (out of 5) sell rating. AMSG appears on the Investors Observer Momentum Plays list. For a hedged play on this stock, look at a Mar '10 20 covered call (KKO CD) for a net debit in the $19.05 area. That is also the break even stock price for this trade. This covered call has a 137 day duration, provides 10.98% downside protection and a 4.99% assigned return rate for a 13.29% annualized return rate (comparison purposes only). AmSurg does not pay dividends at this time. [ATU-Seven Summits Research]

Click Symbol For More News On: (AMSG)