Rochester, NY 8/5/2009 9:56:57 AM
After Hours - MetLife, Inc. MET, MetLife Gaining the Market Stands High
MetLife, Inc. MET
MetLife has gained $35.66 at closed market yesterday. So far the stock has hit a 52-week low of $11.37 and 52-week high of $65.50. MetLife stock has been showing support around 34.13 and resistance in the 36.47 range. Technical indicators shows that the company’s stock still continue to move.
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MET appears on the Investors Observer Analysts Favorites list. For a hedged play on this stock, look at a Dec '09 37 covered calls (JAJ LB) for a net debit in the $32.76 area. That is also the break even stock price for this trade.
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