{"id":2257,"date":"2011-10-22T12:12:23","date_gmt":"2011-10-22T20:12:23","guid":{"rendered":"http:\/\/associatednews.info\/content\/?p=2257"},"modified":"2011-11-14T12:22:24","modified_gmt":"2011-11-14T20:22:24","slug":"urban-outfitters-downbeat-trading-session","status":"publish","type":"post","link":"https:\/\/associatednews.info\/content\/urban-outfitters-downbeat-trading-session\/","title":{"rendered":"Urban Outfitters Downbeat Trading Session"},"content":{"rendered":"<p><span style=\"font-family: Arial, sans-serif;\"><a href=\"http:\/\/associatednews.info\/content\/wp-content\/uploads\/2011\/10\/logo_URBAN_OUTFITTERS.gif\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-2259\" title=\"logo_URBAN_OUTFITTERS\" src=\"http:\/\/associatednews.info\/content\/wp-content\/uploads\/2011\/10\/logo_URBAN_OUTFITTERS.gif\" alt=\"\" width=\"220\" height=\"140\" \/><\/a>Urban Outfitters closed Wednesday&#8217;s <\/span><span style=\"font-family: Arial, sans-serif;\">trading<\/span><span style=\"font-family: Arial, sans-serif;\"> session at $23.48. <\/span><span style=\"font-family: Arial, sans-serif;\">In the<\/span><span style=\"font-family: Arial, sans-serif;\"> <\/span><span style=\"font-family: Arial, sans-serif;\">previous<\/span><span style=\"font-family: Arial, sans-serif;\"> <\/span><span style=\"font-family: Arial, sans-serif;\">12 months<\/span><span style=\"font-family: Arial, sans-serif;\">, the stock has hit a <\/span><span style=\"font-family: Arial, sans-serif;\">fifty two<\/span><span style=\"font-family: Arial, sans-serif;\"> week low of $21.47 and <\/span><span style=\"font-family: Arial, sans-serif;\">fifty two<\/span><span style=\"font-family: Arial, sans-serif;\"> week high of $39.26. Urban Outfitters stock <\/span><span style=\"font-family: Arial, sans-serif;\">has been<\/span><span style=\"font-family: Arial, sans-serif;\"> <\/span><span style=\"font-family: Arial, sans-serif;\">displaying<\/span><span style=\"font-family: Arial, sans-serif;\"> support around $23.01 and resistance in the $23.95 <\/span><span style=\"font-family: Arial, sans-serif;\">range<\/span><span style=\"font-family: Arial, sans-serif;\">.<\/p>\n<p>Technical indicators <\/span><span style=\"font-family: Arial, sans-serif;\">for the<\/span><span style=\"font-family: Arial, sans-serif;\"> stock are Bearish and S&amp;P gives Urban Outfitters a neutral <\/span><span style=\"font-family: Arial, sans-serif;\">3<\/span><span style=\"font-family: Arial, sans-serif;\"> stars (out of <\/span><span style=\"font-family: Arial, sans-serif;\">5<\/span><span style=\"font-family: Arial, sans-serif;\">) hold rating. For a hedged play on Urban Outfitters, <\/span><span style=\"font-family: Arial, sans-serif;\">consider the<\/span><span style=\"font-family: Arial, sans-serif;\"> Jan 2012 $21.00 covered call for a net debit in the $19.88 <\/span><span style=\"font-family: Arial, sans-serif;\">area<\/span><span style=\"font-family: Arial, sans-serif;\">. <\/span><span style=\"font-family: Arial, sans-serif;\">That&#8217;s<\/span><span style=\"font-family: Arial, sans-serif;\"> also the break even stock price for <\/span><span style=\"font-family: Arial, sans-serif;\">this particular<\/span><span style=\"font-family: Arial, sans-serif;\"> trade.<\/p>\n<p><\/span><span style=\"font-family: Arial, sans-serif;\">This<\/span><span style=\"font-family: Arial, sans-serif;\"> covered call has a duration of <\/span><span style=\"font-family: Arial, sans-serif;\">ninety three<\/span><span style=\"font-family: Arial, sans-serif;\"> days, <\/span><span style=\"font-family: Arial, sans-serif;\">gives you<\/span><span style=\"font-family: Arial, sans-serif;\"> 15.33% downside protection <\/span><span style=\"font-family: Arial, sans-serif;\">and an<\/span><span style=\"font-family: Arial, sans-serif;\"> assigned return rate of 5.63% for <\/span><span style=\"font-family: Arial, sans-serif;\">an annualized<\/span><span style=\"font-family: Arial, sans-serif;\"> return rate of 22.11% (for comparison purposes only). Urban Outfitters has <\/span><span style=\"font-family: Arial, sans-serif;\">a current<\/span><span style=\"font-family: Arial, sans-serif;\"> trailing average dividend yield of 0%.<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Urban Outfitters closed Wednesday&#8217;s trading session at $23.48. In the previous 12 months, the stock has hit a fifty two week low of $21.47 and fifty two week high of $39.26. Urban Outfitters stock has&#8230;<\/p>\n","protected":false},"author":1,"featured_media":2259,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[36,1246,1245],"class_list":["post-2257","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-2","tag-stock-market","tag-trading","tag-urban-outfitters"],"_links":{"self":[{"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/posts\/2257","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/comments?post=2257"}],"version-history":[{"count":3,"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/posts\/2257\/revisions"}],"predecessor-version":[{"id":2261,"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/posts\/2257\/revisions\/2261"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/media\/2259"}],"wp:attachment":[{"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/media?parent=2257"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/categories?post=2257"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/tags?post=2257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}