Expeditors International of Washington (EXPD) 11/10/09 PriceWatch Alert Targets 11.45% Downside Protection
Posted: Tuesday, November 10, 2009 8:09 AM EDT
By: Market Intelligence Center Staff
Expeditors International of Washington (NasdaqNM: EXPD) closed yesterday at $32.32. So far the stock has hit a 52-week low of $23.86 and 52-week high of $38.10. Expeditors International of Washington stock has been showing support around 31.37 and resistance in the 32.91 range. Technical indicators for the stock are Bearish and S&P gives EXPD a positive 4 STAR (out of 5) buy rating. EXPD appears on the Investors Observer Analysts Favorites list. For a hedged play on this stock, look at a Feb '10 30 covered call (URP BF) for a net debit in the $28.62 area. That is also the break even stock price for this trade. This covered call has a 102 day duration, provides 11.45% downside protection and a 4.82% assigned return rate for a 17.25% annualized return rate (comparison purposes only). Expeditors International of Washington has a current annual dividend yield of 1.21%. [ATU-Seven Summits Research]
CLICK HERE: FREE Expeditors International of Washington (EXPD) Stock ReportSee what our analysts have uncovered about Expeditors International of Washington (EXPD).