Sears (SHLD) PriceWatch Alert At $77.90 Break Even
Posted on August 11, 2008 at 04:07 AM EDT
Sears (NasdaqNM: SHLD) ended the last trading session at $89.90. So far the stock has hit a 52-week low of $67.36 and 52-week high of $152.91. Sears stock has been showing support around 84.17 and resistance in the 95.71 range. Technical indicators for the stock are Bullish and S&P gives SHLD a weak 2 STAR (out of 5) sell rating. SHLD appears on the Investors Observer Analysts Favorites list. For a hedged play on this stock, look at a Dec '08 85 covered call (KTQ LQ) for a net debit in the $77.90 area. That is also the break even stock price for this trade. This covered call has a 131 day duration, provides 13.35% downside protection and a 9.11% assigned ...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)
Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here