Vanguard Small-Cap Value ETF (VBR) 11/20/09 PriceWatch Alert Up To 8.19% Downside Protection
Posted: Friday, November 20, 2009 8:31 AM EDT
By: Market Intelligence Center Staff
Vanguard Small-Cap Value ETF (PCX: VBR) closed yesterday at $52.51. So far VBR has hit a 52-week low of $27.49 and 52-week high of $55.53. VBR has been showing support around 51.50 and resistance in the 53.88 range. Technical indicators are Neutral. VBR appears on the Investors Observer Select ETF and HOLDR list. For a hedged play on this stock, look at a Mar '10 50 covered call (VBR CJ) for a net debit in the $48.21 area. That is also the break even stock price for this trade. This covered call has a 120 day duration, provides 8.19% downside protection and a 3.71% assigned return rate for an 11.29% annualized return rate (comparison purposes only). [FBB-Seven Summits Research]
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