Vanguard FTSE All-World ex-US Index ETF (VEU) 11/10/09 PriceWatch Alert Targets 4.36% Downside Protection
Posted: Tuesday, November 10, 2009 8:12 AM EDT
By: Market Intelligence Center Staff
Vanguard FTSE All-World ex-US Index ETF (PCX: VEU) closed yesterday at $44.77. 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 43.99 and resistance in the 45.19 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 Jan '10 44 covered call (VEU AR) for a net debit in the $42.82 area. That is also the break even stock price for this trade. This covered call has a 67 day duration, provides 4.36% downside protection and a 2.76% assigned return rate for a 15.01% annualized return rate (comparison purposes only). [ATU-Seven Summits Research]
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