Universal Health Services (UHS) 11/13/09 PriceWatch Alert Up To 8.56% Downside Protection
Posted: Friday, November 13, 2009 8:27 AM EDT
By: Market Intelligence Center Staff
Universal Health Services (NYSE: UHS) closed yesterday at $58.43. So far the stock has hit a 52-week low of $30.43 and 52-week high of $66.64. Universal Health Services stock has been showing support around 57.94 and resistance in the 59.16 range. Technical indicators for the stock are Neutral and S&P gives UHS a neutral 3 STAR (out of 5) hold rating. UHS appears on the Investors Observer Hedged Dividend Income list. For a hedged play on this stock, look at a Jan '10 55 covered call (UHS AK) for a net debit in the $53.43 area. That is also the break even stock price for this trade. This covered call has a 64 day duration, provides 8.56% downside protection and a 2.94% assigned return rate for a 16.76% annualized return rate (comparison purposes only). Universal Health Services has a current annual dividend yield of 0.55%. [FBB-Seven Summits Research]
CLICK HERE: FREE Universal Health Services (UHS) Stock ReportSee what our analysts have uncovered about Universal Health Services (UHS).