Vanguard Emerging Markets ETF (VWO) PriceWatch Alert for November 19, 2009
Posted: Thursday, November 19, 2009 8:22 AM EDT
By: Market Intelligence Center Staff
Vanguard Emerging Markets ETF (PCX: VWO) closed yesterday at $41.27. So far VWO has hit a 52-week low of $18.50 and 52-week high of $41.98. VWO has been showing support around 40.86 and resistance in the 41.86 range. Technical indicators are Bullish. VWO appears on the Investors Observer Select ETF and HOLDR list. For a hedged play on this stock, look at a Jan '10 41 covered call (VWO AO) for a net debit in the $39.57 area. That is also the break even stock price for this trade. This covered call has a 58 day duration, provides 4.12% downside protection and a 3.61% assigned return rate for a 22.74% annualized return rate (comparison purposes only). [THA-Seven Summits Research]
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