Supervalu (SVU) Support Down To $15.79 And Showing Bullish Technicals - Zibb.com

Nov 05, 2009 (Fresh Brewed Media via COMTEX) --

Supervalu (NYSE: SVU) closed yesterday at $16.08. So far the stock has hit a 52-week low of $8.59 and 52-week high of $20.38. Supervalu stock has been showing support around 15.79 and resistance in the 16.45 range. Technical indicators for the stock are Bullish and S&P gives SVU a weak 2 STAR (out of 5) sell rating. SVU appears on the Investors Observer Hedged Dividend Income list. For a hedged play on this stock, look at an Apr '10 15 covered call (SVU DC) for a net debit in the $13.98 area. That is also the break even stock price for this trade. This covered call has a 163 day duration, provides 13.06% downside protection and a 7.30% assigned return rate for a 16.34% annualized return rate (comparison purposes only). A lower cost hedged play for this stock would use a longer term call option in place of the covered call stock purchase. To use this strategy look at going long the SVU Jan '11 10 Call (VCK AB) and selling the Apr '10 15 call (SVU DC) for a $4.35 debit. The trade has a 163 day life and would provide 10.76% downside protection and a 14.94% assigned return rate for a 33.00% annualized return rate (for comparison purposes only). Supervalu has a current annual dividend yield of 4.40%.

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Tags: district of columbia   dividend   investment opinion   nyse   research   S&P   trade   yield  

Companies: Supervalu, Inc. (SVU)

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Supervalu (SVU) Sold Off 2% Yesterday And Stock Has Weak 2 STARs S&P Rating - Zibb.com

Oct 28, 2009 (Fresh Brewed Media via COMTEX) --

Supervalu (NYSE: SVU) closed yesterday at $16.01. So far the stock has hit a 52-week low of $8.59 and 52-week high of $20.38. Supervalu stock has been showing support around 15.72 and resistance in the 16.56 range. Technical indicators for the stock are Bullish and S&P gives SVU a weak 2 STAR (out of 5) sell rating. SVU appears on the Investors Observer Hedged Dividend Income list. For a hedged play on this stock, look at an Apr '10 15 covered call (SVU DC) for a net debit in the $13.91 area. That is also the break even stock price for this trade. This covered call has a 171 day duration, provides 13.12% downside protection and a 7.84% assigned return rate for a 16.73% annualized return rate (comparison purposes only). Supervalu has a current annual dividend yield of 4.23%.

WBA-Seven Summits Research Goto www.iotogo.com/18w1 for our free report titled, The 18 Ways To Know When It's Time To Dump A Stock

Tags: district of columbia   dividend   nyse   research   S&P   trade   yield  

Companies: Supervalu, Inc. (SVU)

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Supervalu to close Urban Fresh store in Chicago - Zibb.com

Oct 27, 2009 (Datamonitor via COMTEX) --

Jewel-Osco, a supermarket chain and a subsidiary of Supervalu, has announced that it will close its Urban Fresh store in Chicago on October 30, 2009.

According to the Chicago Tribune, the 16,000sqft Urban Fresh store was opened in September 2008 by Supervalu, and offers products such as ready-to-eat gourmet meals and organic produce. It has a wine and cheese shop as well.

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Tags: products   sales   wine  

Companies: Supervalu, Inc. (SVU)

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Supervalu Schedules Fiscal 2010 Second Quarter Conference Call Webcast - Zibb.com

Oct 16, 2009 (Close-Up Media via COMTEX) --

Supervalu announced it will host its fiscal 2010 second quarter conference call webcast on Tuesday, October 20, at 9 a.m. Central.

The webcast will be broadcast live over the Internet at supervalu.com.

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Tags: conference   web  

Companies: Supervalu, Inc. (SVU)

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