Vanguard Small-Cap Value ETF (VBR) 11/6/09 PriceWatch Alert Support Down To $49.97

Posted: Friday, November 06, 2009 8:37 AM EDT

Vanguard Small-Cap Value ETF (PCX: VBR) closed yesterday at $51.52. So far VBR has hit a 52-week low of $27.49 and 52-week high of $55.53. VBR has been showing support around 49.97 and resistance in the 52.39 range. Technical indicators are Bearish. VBR appears on the Investors Observer Select ETF and HOLDR list. For a hedged play on this stock, look at a Mar '10 50 covered call (VBR CJ) for a net debit in the $47.42 area. That is also the break even stock price for this trade. This covered call has a 134 day duration, provides 7.96% downside protection and a 5.44% assigned return rate for a 14.82% annualized return rate (comparison purposes only). [FBB-Seven Summits Research]

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