Vanguard Mid-Cap Growth ETF (VOT) 11/6/09 PriceWatch Alert With $43.43 Break Even

Posted: Friday, November 06, 2009 8:46 AM EDT

Vanguard Mid-Cap Growth ETF (PCX: VOT) closed yesterday at $45.33. So far VOT has hit a 52-week low of $26.19 and 52-week high of $47.55. VOT has been showing support around 44.41 and resistance in the 45.79 range. Technical indicators are Bullish. VOT appears on the Investors Observer Select ETF and HOLDR list. For a hedged play on this stock, look at a Jan '10 45 covered call (VOT AI) for a net debit in the $43.43 area. That is also the break even stock price for this trade. This covered call has a 71 day duration, provides 4.19% downside protection and a 3.62% assigned return rate for an 18.58% annualized return rate (comparison purposes only). [FBB-Seven Summits Research]

Click Symbol For More News On: (VOT)