ASML Holding (ASML) PriceWatch Alert for November 12, 2009
Posted: Thursday, November 12, 2009 8:28 AM EDT
By: Market Intelligence Center Staff
ASML Holding (NasdaqNM: ASML) closed yesterday at $29.68. So far the stock has hit a 52-week low of $12.64 and 52-week high of $32.37. ASML stock has been showing support around 29.05 and resistance in the 30.45 range. Technical indicators for the stock are Bullish and S&P gives ASML a positive 4 STAR (out of 5) buy rating. ASML appears on the Investors Observer Volume Leaders list. For a hedged play on this stock, look at an Apr '10 30 covered call (MFQ DF) for a net debit in the $27.03 area. That is also the break even stock price for this trade. This covered call has a 156 day duration, provides 8.93% downside protection and a 10.99% assigned return rate for a 25.71% annualized return rate (comparison purposes only). ASML has a current annual dividend yield of 0.76%. [THA-Seven Summits Research]
CLICK HERE: FREE ASML (ASML) Stock ReportSee what our analysts have uncovered about ASML (ASML).