CurrencyShares Japanese Yen Trust (FXY) 11/10/09 PriceWatch Alert At $106.84 Break Even

Posted: Tuesday, November 10, 2009 8:18 AM EDT
By: Market Intelligence Center Staff





CurrencyShares Japanese Yen Trust (PCX: FXY) closed yesterday at $110.34. So far FXY has hit a 52-week low of $98.48 and 52-week high of $114.61. FXY has been showing support around 110.02 and resistance in the 110.80 range. Technical indicators are Bullish. FXY appears on the Investors Observer Select ETF and HOLDR list. For a hedged play on this stock, look at a Mar '10 110 covered call (GDW CF) for a net debit in the $106.84 area. That is also the break even stock price for this trade. This covered call has a 130 day duration, provides 3.17% downside protection and a 2.96% assigned return rate for an 8.30% annualized return rate (comparison purposes only). [ATU-Seven Summits Research]



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Potential Japanese Yen Trust (FXY) Trade Targets 3.40% Return

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Japanese Yen Trust (FXY) Trading Near $127.74 Support Level

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Japanese Yen Trust (FXY) Showing Bullish Technicals But Could Break Through $129.57 Resistance

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Japanese Yen Trust (FXY) Could Fall Through $126.60 Support Level

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Japanese Yen Trust (FXY) Trading Near $127.27 Support Level

Monday, January 23, 2012... Japanese Yen Trust (AMEX: FXY) closed Friday's trading session at $127.88. In the past year, the ETF has hit a 52-week low of $115.54 and 52-week......

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Hedged Trade Ideas For FXY:

FXY




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