Activision Blizzard, Inc, ATVI
Activision (NasdaqNM: ATVI) ended the last trading session at $11.29. So far the stock has hit a 52-week low of $8.14 and 52-week high of $19.28. Activision stock has been showing support around 10.98 and resistance in the 11.78 range. Technical indicators for the stock are Bearish and S&P gives ATVI a neutral 3 STAR (out of 5) hold rating. ATVI appears on the Investors Observer Volume Leaders list. For a hedged play on this stock, look at a Feb '10 10 covered call (AQV BB) for a net debit in the $9.09 area. That is also the break even stock price for this trade. This covered call has a 222 day duration, provides 19.49% downside protection and a 10.01% assigned return rate for a 16.46% annualized return rate (comparison purposes only). A lower cost hedged play for this stock would use a longer term call option in place of the covered call stock purchase.
ABOUT
Activision Blizzard, Inc., through its subsidiaries, publishes online, personal computer (PC), console, and hand-held games worldwide. The company develops and publishes video games, as well as maintains its proprietary online-game related service, Battle.net. It also publishes interactive software products and peripherals internationally. The company’s products cover various game categories, including action/adventure, action sports, racing, role-playing, simulation, first-person action, music, and strategy. Its products include Guitar Hero, Call of Duty, Tony Hawk, Spider-Man, X-Men, James Bond, and Transformers, as well as Diablo, StarCraft, Warcraft, and World of Warcraft. The company is based in
Last Trade: 11.33
Day's Range: 10.97 - 11.41
52wk Range: 8.14 - 19.28
Volume: 12,774,236
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