Vanguard Small-Cap ETF (VB) 11/16/09 PriceWatch Alert With 7.67% Downside Protection
Posted: Monday, November 16, 2009 8:33 AM EDT
By: Market Intelligence Center Staff
Vanguard Small-Cap ETF (PCX: VB) ended the last trading session at $54.74. So far VB has hit a 52-week low of $29.56 and 52-week high of $57.66. VB has been showing support around 53.37 and resistance in the 55.63 range. Technical indicators are Bullish. VB appears on the Investors Observer Select ETF and HOLDR list. For a hedged play on this stock, look at a Mar '10 53 covered call (VB CA) for a net debit in the $50.54 area. That is also the break even stock price for this trade. This covered call has a 124 day duration, provides 7.67% downside protection and a 4.87% assigned return rate for a 14.33% annualized return rate (comparison purposes only). [ABR-Seven Summits Research]
CLICK HERE: FREE (VB) Stock ReportSee what our analysts have uncovered about (VB).