Vanguard FTSE All-World ex-US Index ETF (VEU) 11/17/09 PriceWatch Alert Support At Around $44.61
Posted: Tuesday, November 17, 2009 8:45 AM EDT
By: Market Intelligence Center Staff
Vanguard FTSE All-World ex-US Index ETF (PCX: VEU) closed yesterday at $45.36. So far VEU has hit a 52-week low of $23.32 and 52-week high of $45.58. VEU has been showing support around 44.61 and resistance in the 45.95 range. Technical indicators are Bullish. VEU appears on the Investors Observer Select ETF and HOLDR list. For a hedged play on this stock, look at a Jan '10 45 covered call (VEU AS) for a net debit in the $43.71 area. That is also the break even stock price for this trade. This covered call has a 60 day duration, provides 3.64% downside protection and a 2.95% assigned return rate for a 17.95% annualized return rate (comparison purposes only). [ATU-Seven Summits Research]
CLICK HERE: FREE (VEU) Stock ReportSee what our analysts have uncovered about (VEU).