Walmart Stores (NYSE: WMT) closed yesterday at $61.48. So far the stock has hit a 52-week low of $42.50 and 52-week high of $63.23. Walmart Stores stock has been showing support around 58.19 and resistance in the 63.31 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 a Dec '08 57.50 covered call (WMT LY) for a net debit in the $55.48 area. That is also the break even stock price for this trade. This covered call has a 92 day duration, provides 9.76% downside protection and a 3.64% assigned return ...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)