Vanguard Value ETF (VTV) 11/20/09 PriceWatch Alert With Support Around $46.86
Posted: Friday, November 20, 2009 8:27 AM EDT
By: Market Intelligence Center Staff
Vanguard Value ETF (PCX: VTV) closed yesterday at $47.47. So far VTV has hit a 52-week low of $28.03 and 52-week high of $48.30. VTV has been showing support around 46.86 and resistance in the 48.18 range. Technical indicators are Bullish. VTV appears on the Investors Observer Select ETF and HOLDR list. For a hedged play on this stock, look at a Mar '10 47 covered call (VTV CU) for a net debit in the $44.82 area. That is also the break even stock price for this trade. This covered call has a 120 day duration, provides 5.58% downside protection and a 4.86% assigned return rate for a 14.79% annualized return rate (comparison purposes only). [FBB-Seven Summits Research]
CLICK HERE: FREE (VTV) Stock ReportSee what our analysts have uncovered about (VTV).