Kansas City Southern (KSU) 11/9/09 PriceWatch Alert Up To 21.23% Return
Posted: Monday, November 09, 2009 8:08 AM EDT
By: Market Intelligence Center Staff
Kansas City Southern (NYSE: KSU) ended the last trading session at $27.93. So far the stock has hit a 52-week low of $12.25 and 52-week high of $29.75. Kansas City Southern stock has been showing support around 27.06 and resistance in the 28.50 range. Technical indicators for the stock are Bullish and S&P gives KSU a positive 4 STAR (out of 5) buy rating. KSU appears on the Investors Observer Momentum Plays list. For a hedged play on this stock, look at a Mar '10 25 covered call (KSU CE) for a net debit in the $23.23 area. That is also the break even stock price for this trade. This covered call has a 131 day duration, provides 16.83% downside protection and a 7.62% assigned return rate for a 21.23% annualized return rate (comparison purposes only). Kansas City Southern does not pay dividends at this time. [ABR-Seven Summits Research]
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