Honda Motor (HMC) stock prices july 12 2011, Near $40.27 Resistance Level : Honda Motor (NYSE:HMC) closed Monday's unfavorable trading session at $39.75. In the past year, the stock has hit a 52-week low of $29.41 and 52-week high of $44.56. Honda Motor (HMC) stock has been showing support around $39.33 and resistance in the $40.27 range.
Technical indicators for the stock are Bullish and S&P gives Honda Motor (HMC) a positive 4 STARS (out of 5) buy rating. For a hedged play on Honda Motor (HMC), look at the Jan '12 $35.00 covered call for a net debit in the $34.15 area. That is also the break-even stock price for this trade. This covered call has a duration of 193 days, provides 14.09% downside protection and an assigned return rate of 2.49% for an annualized return rate of 4.71% (for comparison purposes only). Honda Motor (HMC) has a current annual dividend yield of 1.17%
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