Walmart Stores (NYSE: WMT) closed yesterday at $59.29. So far the stock has hit a 52-week low of $42.09 and 52-week high of $61.00. Walmart Stores stock has been showing support around 57.83 and resistance in the 60.59 range. Technical indicators for the stock are Bullish and S&P gives WMT a positive 4 STAR (out of 5) buy rating. WMT appears on the Investors Observer Analysts Favorites list. For a hedged play on this stock, look at an Oct '08 57.50 covered call (WMT JY) for a net debit in the $55.94 area. That is also the break even stock price for this trade. This covered call has a 51 day duration, provides 5.65% downside protection and a 2.79% assigned return ...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)