Rochester, NY 7/10/2009 10:30:16 PM
Morning Report - ORLY - Techinical Indicators for O`Reilley Automotive are Bullish - Sourced WhisperFromWallStreet.com
O`Reilly Automotive, Inc.
Morning Report - ORLY - Techinical Indicators for O`Reilley Automotive are Bullish - Sourced WhisperFromWallStreet.com
O'Reilly Automotive, Inc.,ORLY
39.17 Down 0.42 (1.06%) 11:23am ET
O'Reilly Automotive Inc. (NasdaqNM: ORLY) closed yesterday at $38.20. So far the stock has hit a 52-week low of $20.00 and 52-week high of $40.50. O'Reilly Automotive stock has been showing support around 36.93 and resistance in the 38.91 range. Technical indicators for the stock are Bullish and S&P gives ORLY a neutral 3 STAR (out of 5) hold rating. ORLY appears on the Investors Observer Volume Leaders list. For a hedged play on this stock, look at a Nov '09 40 covered call (OQR KH) for a net debit in the $35.80 area. That is also the break even stock price for this trade. This covered call has a 144 day duration, provides 6.28% downside protection and an 11.73% assigned return rate for a 29.74% annualized return rate (comparison purposes only).
Last Trade: 39.48
Day's Range: 39.26 - 40.17
52wk Range: 20.00 - 40.50
Volume: 316,019
ABOUT
O`Reilly Automotive, Inc. operates as a specialty retailer of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States. Its stores offer new and remanufactured automotive hard parts, including alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, chassis parts, and engine parts; maintenance items, such as oil, antifreeze, fluids, filters, wiper blades, lighting, engine additives, and appearance products; accessories, such as floor mats, seat covers, and truck accessories; and a line of auto body paint and related materials, automotive tools, and professional service equipment. The companys stores sell a selection of brand name and private label products for domestic and imported automobiles, vans, and trucks to do-it-yourself customers and professional installers. As of December 31, 2008, it operated 3,285 stores. The company was founded in 1957 and is headquartered in Springfield, Missouri.
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