National Fuel Gas (NFG) 11/6/09 PriceWatch Alert Up To 15.66% Return

Posted: Friday, November 06, 2009 8:41 AM EDT

National Fuel Gas (NYSE: NFG) closed yesterday at $47.47. So far the stock has hit a 52-week low of $26.67 and 52-week high of $49.72. National Fuel Gas stock has been showing support around 45.78 and resistance in the 48.36 range. Technical indicators for the stock are Bullish and S&P gives NFG a neutral 3 STAR (out of 5) hold rating. NFG appears on the Investors Observer Hedged Dividend Income list. For a hedged play on this stock, look at a Jan '10 45 covered call (NFG AI) for a net debit in the $43.67 area. That is also the break even stock price for this trade. This covered call has a 71 day duration, provides 8.01% downside protection and a 3.05% assigned return rate for a 15.66% annualized return rate (comparison purposes only). National Fuel Gas has a current annual dividend yield of 2.94%. [FBB-Seven Summits Research]

Click Symbol For More News On: (NFG)