CurrencyShares Japanese Yen Trust (FXY) 11/11/09 PriceWatch Alert Down To $106.91 Break Even

Posted: Wednesday, November 11, 2009 8:11 AM EDT
By: Market Intelligence Center Staff





CurrencyShares Japanese Yen Trust (PCX: FXY) closed yesterday at $110.51. 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 110.35 and resistance in the 110.75 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 $106.91 area. That is also the break even stock price for this trade. This covered call has a 129 day duration, provides 3.26% downside protection and a 2.89% assigned return rate for an 8.18% annualized return rate (comparison purposes only). [WBA-Seven Summits Research]



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More News For (FXY):

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

Wednesday, February 08, 2012... Japanese Yen Trust (AMEX:FXY) closed Tuesday's bullish trading session at $128.18. In the past year, the ETF has hit a 52-week low of $115.54 and......

http://www.marketintelligencecenter.com/analyfav/1333421

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

Thursday, February 02, 2012... Japanese Yen Trust (AMEX:FXY) closed Wednesday's positive trading session at $129.07. In the past year, the ETF has hit a 52-week low of $115.54 and......

http://www.marketintelligencecenter.com/analyfav/1332150

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

Friday, January 27, 2012... Japanese Yen Trust (AMEX:FXY) closed Thursday's downbeat trading session at $127.05. In the past year, the ETF has hit a 52-week low of $115.54 and......

http://www.marketintelligencecenter.com/analyfav/1330884

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......

http://www.marketintelligencecenter.com/analyfav/1329606

Japanese Yen Trust (FXY) Showing Bullish Technicals But Could Break Through $128.20 Resistance

Tuesday, January 17, 2012... Japanese Yen Trust (AMEX: FXY) closed Friday's trading session at $127.96. In the past year, the ETF has hit a 52-week low of $115.54 and 52-week......

http://www.marketintelligencecenter.com/analyfav/1328327


Hedged Trade Ideas For FXY:

FXY




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