Walmart Stores (NYSE: WMT) closed yesterday at $60.12. So far the stock has hit a 52-week low of $42.50 and 52-week high of $63.85. Walmart Stores stock has been showing support around 58.42 and resistance in the 61.32 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 Nov '08 57.50 covered call (WMT KY) for a net debit in the $55.62 area. That is also the break even stock price for this trade. This covered call has a 57 day duration, provides 7.49% downside protection and a 3.38% assigned return ...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)