Weatherford International ( NYSE: WFT ) ended the last trading session at $66.17. So far the stock has hit a 52-week low of $39.33 and 52-week high of $72.73. Weatherford International stock has been showing support around 62.84 and resistance in the 68.12 range. Technical indicators for the stock are Neutral and S&P gives WFT a neutral 3 STAR (out of 5) hold rating. For a hedged play on this stock, look at an Apr '08 65 covered call (WFT DM) for a net debit in the $61.07 area. That is also the break even stock price for this trade. This covered call has a 54 day duration, provides 7.71% downside protection a...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)