Rochester, NY 8/11/2009 2:13:32 AM
FPL Group Inc. FPL - FPL Group PriceWatch Alert Targets Up to 7.39%
FPL Group Inc. FPL
FPL Group earnings have hit $56.82 at ended last trading session. So far the stock has hit a 52-week low of $33.81 and 52-week high of $61.90. FPL Group stock has been showing support around 56.09 and resistance in the 57.85 range. A Technical indicators show that the company’s stock still continues to move.
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FPL appears on the Investors Observer Hedged Dividend Income list. For a hedged play on this stock, look at a Dec '09 55 covered calls (FPL LK) for a net debit in the $52.62 area. That is also the break even stock price for this trade.
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