CurrencyShares Euro Trust (FXE) 11/9/09 PriceWatch Alert Technicals Showing Bullish





CurrencyShares Euro Trust (PCX: FXE) ended the last trading session at $148.30. So far FXE has hit a 52-week low of $124.59 and 52-week high of $150.31. FXE has been showing support around 147.65 and resistance in the 149.27 range. Technical indicators are Bullish. FXE appears on the Investors Observer Select ETF and HOLDR list. For a hedged play on this stock, look at a Mar '10 148 covered call (FXE CR) for a net debit in the $144.00 area. That is also the break even stock price for this trade. This covered call has a 131 day duration, provides 2.90% downside protection and a 2.78% assigned return rate for a 7.74% annualized return rate (comparison purposes only). A lower cost hedged play for this stock would use a longer term call option in place of the covered call stock purchase. To use this strategy look at going long the FXE Jan '11 115 Call (XXF AK) and selling the Mar '10 148 call (FXE CR) for a $30.40 debit. The trade has a 131 day life and would provide 1.96% downside protection and an 8.55% assigned return rate for a 24.00% annualized return rate (for comparison purposes only). [ABR-Seven Summits Research]



CLICK HERE: FREE (FXE) Stock Report
See what our analysts have uncovered about (FXE).
More News For (FXE):

Euro Trust (FXE) Trading Near $129.93 Support Level

Monday, February 06, 2012... Euro Trust (AMEX:FXE) closed Friday's favorable trading session at $130.92. In the past year, the ETF has hit a 52-week low of $125.75 and 52-week......

http://www.marketintelligencecenter.com/analyfav/1332768

Euro Trust (FXE) Trading Near $130.10 Support Level

Tuesday, January 31, 2012... Euro Trust (AMEX: FXE) closed Monday's trading session at $130.71. In the past year, the ETF has hit a 52-week low of $125.75 and 52-week high of......

http://www.marketintelligencecenter.com/analyfav/1331523

Euro Trust (FXE) Could Break Through $130.20 Resistance Level

Wednesday, January 25, 2012... Euro Trust (AMEX: FXE) closed Tuesday's trading session at $129.73. In the past year, the ETF has hit a 52-week low of $125.75 and 52-week high of......

http://www.marketintelligencecenter.com/analyfav/1330254

Potential Euro Trust (FXE) Trade Has $123.99 Breakeven

Thursday, January 19, 2012... Euro Trust (AMEX:FXE) closed Wednesday's positive trading session at $128.09. In the past year, the ETF has hit a 52-week low of $125.75 and 52-week......

http://www.marketintelligencecenter.com/analyfav/1328972

Euro Trust (FXE) Trading Near $125.93 Support Level

Thursday, January 12, 2012... Euro Trust (AMEX:FXE) closed Wednesday's flat trading session at $126.56. In the past year, the ETF has hit a 52-week low of $126.12 and 52-week high......

http://www.marketintelligencecenter.com/analyfav/1327687


Hedged Trade Ideas For FXE:

FXE




blog comments powered by Disqus


investorsobserver
OptionsXpress
Fidelity Investments
Brokers Xpress
money show 2011

Portions of this content may be copy written by Fresh Brewed Media, Investors Observer, and/or O2 Media LLC. SmartReadMX and other related related technologies used to produce content for this service are covered by US Patents numbers 7,865,496, 7,856,390, and 7,716,116.