iShares Dow Jones U.S. Health Care Providers Index Fund (IHF) 11/6/09 PriceWatch Alert Up To 13.74% Return

Posted: Friday, November 06, 2009 8:47 AM EDT

iShares Dow Jones U.S. Health Care Providers Index Fund (PCX: IHF) closed yesterday at $44.35. So far IHF has hit a 52-week low of $24.89 and 52-week high of $44.95. IHF has been showing support around 43.47 and resistance in the 44.87 range. Technical indicators are Bullish. IHF appears on the Investors Observer Select ETF and HOLDR list. For a hedged play on this stock, look at a Feb '10 43 covered call (IHF BQ) for a net debit in the $41.35 area. That is also the break even stock price for this trade. This covered call has a 106 day duration, provides 6.76% downside protection and a 3.99% assigned return rate for a 13.74% annualized return rate (comparison purposes only). [FBB-Seven Summits Research]

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