Rochester, NY 8/12/2009 4:07:17 PM
After Hours - EI DuPont de Nemours & Co. DD - Du Pont Shows Support around $31.50
EI DuPont de Nemours & Co. DD
Du Pont recently reports its market trade of $32.83 ended last trading session. So far the stock has hit a 52-week low of $16.05 and 52-week high of $48.22. Du Pont stock has been showing support around 31.50 and resistance in the 33.74 range. A technical indicators show that the company’s stock still continues to move.
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DD appears on the Investors Observer Volume Leaders list. For a hedged play on this stock, look at an Oct '09 32.50 covered calls (DXT JZ) for a net debit in the $30.88 area. That is also the break even stock price for this trade.
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