Vanguard Mid-Cap ETF (VO) PriceWatch Alert for November 19, 2009
Posted: Thursday, November 19, 2009 8:35 AM EDT
By: Market Intelligence Center Staff
Vanguard Mid-Cap ETF (PCX: VO) closed yesterday at $58.41. So far VO has hit a 52-week low of $32.55 and 52-week high of $59.42. VO has been showing support around 57.86 and resistance in the 58.98 range. Technical indicators are Bullish. VO appears on the Investors Observer Select ETF and HOLDR list. For a hedged play on this stock, look at a Mar '10 58 covered call (IUD CF) for a net debit in the $55.11 area. That is also the break even stock price for this trade. This covered call has a 121 day duration, provides 5.65% downside protection and a 5.24% assigned return rate for a 15.82% annualized return rate (comparison purposes only). [THA-Seven Summits Research]
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