RevenueShares Large Cap (RWL) 11/20/09 PriceWatch Alert With Support Around $19.98
Posted: Friday, November 20, 2009 8:33 AM EDT
By: Market Intelligence Center Staff
RevenueShares Large Cap (PCX: RWL) closed yesterday at $20.21. So far RWL has hit a 52-week low of $11.54 and 52-week high of $20.63. RWL has been showing support around 19.98 and resistance in the 20.44 range. Technical indicators are Bullish. RWL appears on the Investors Observer Select ETF and HOLDR list. For a hedged play on this stock, look at a Mar '10 20 covered call (RWL CD) for a net debit in the $19.06 area. That is also the break even stock price for this trade. This covered call has a 120 day duration, provides 5.69% downside protection and a 4.93% assigned return rate for a 15.00% annualized return rate (comparison purposes only). [FBB-Seven Summits Research]
CLICK HERE: FREE (RWL) Stock ReportSee what our analysts have uncovered about (RWL).