Rochester, NY 7/14/2009 9:55:20 PM
IVV - iShares S&P 500 Index (IVV) PriceWatch Alert Support Down To $87.02
iShares S&P 500 Index, IVV
iShares S&P 500 Index, IVV
WhisperFromWallStreet.com offers daily stock alerts to subscribers. Sign up for our free alerts newsletter.iShares S&P 500 Index closed yesterday at $90.39. So far IVV has hit a 52-week low of $67.22 and 52-week high of $131.72. IVV has been showing support around 87.02 and resistance in the 92.12 range. Technical indicators are Bearish. IVV appears on the Investors Observer Select ETF and HOLDR list. For a hedged play on this stock, look at a Sep '09 90 covered call (ISZ IL) for a net debit in the $87.49 area. That is also the break even stock price for this trade. This covered call has a 67 day duration, provides 3.21% downside protection and a 2.87% assigned return rate for a 15.63% annualized return rate (comparison purposes only).
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