Vanguard FTSE All-World ex-US Index ETF (VEU) 11/9/09 PriceWatch Alert Bullish Price Movement
Posted: Monday, November 09, 2009 8:13 AM EDT
By: Market Intelligence Center Staff
Vanguard FTSE All-World ex-US Index ETF (PCX: VEU) ended the last trading session at $43.44. So far VEU has hit a 52-week low of $23.32 and 52-week high of $45.48. VEU has been showing support around 42.63 and resistance in the 43.95 range. Technical indicators are Bullish. VEU 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 (VEU BQ) for a net debit in the $41.29 area. That is also the break even stock price for this trade. This covered call has a 103 day duration, provides 4.95% downside protection and a 4.14% assigned return rate for a 14.68% annualized return rate (comparison purposes only). [ABR-Seven Summits Research]
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