Hansen Natural (HANS) 11/9/09 PriceWatch Alert Targets 10.74% Downside Protection
Posted: Monday, November 09, 2009 8:26 AM EDT
By: Market Intelligence Center Staff
Hansen Natural (NasdaqNM: HANS) ended the last trading session at $34.46. So far the stock has hit a 52-week low of $23.00 and 52-week high of $44.02. Hansen Natural stock has been showing support around 32.07 and resistance in the 36.21 range. Technical indicators for the stock are Bearish. HANS appears on the Investors Observer Stocks In The News list. HANS reported earnings Thursday night, posting a third-quarter profit of $56.5 million, or 60 cents per share, on revenue of $307.9 million, missing analysts' forecasts of 63 cents per share on revenue of $309.19 million. For a hedged play on this stock, look at a Mar '10 34 covered call (QHO CQ) for a net debit in the $30.76 area. That is also the break even stock price for this trade. This covered call has a 131 day duration, provides 10.74% downside protection and a 10.53% assigned return rate for a 29.35% annualized return rate (comparison purposes only). Hansen Natural does not pay dividends at this time. [ABR-Seven Summits Research]
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