iShares S&P GSTI Semicondtr. Idx. (IGW) 11/13/09 PriceWatch Alert Up To 11.68% Return
Posted: Friday, November 13, 2009 8:34 AM EDT
By: Market Intelligence Center Staff
iShares S&P GSTI Semicondtr. Idx. (PCX: IGW) closed yesterday at $43.61. So far IGW has hit a 52-week low of $22.90 and 52-week high of $46.51. IGW has been showing support around 42.92 and resistance in the 44.88 range. Technical indicators are Bullish. IGW appears on the Investors Observer Select ETF and HOLDR list. For a hedged play on this stock, look at an Apr '10 40 covered call (IGW DH) for a net debit in the $38.11 area. That is also the break even stock price for this trade. This covered call has a 155 day duration, provides 12.61% downside protection and a 4.96% assigned return rate for an 11.68% annualized return rate (comparison purposes only). [FBB-Seven Summits Research]
CLICK HERE: FREE (IGW) Stock ReportSee what our analysts have uncovered about (IGW).