Potential Sanofi (SNY) Trade Targets 16.52% Return

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Dec 28, 2012 (Marketintelligencecenter.com via COMTEX) -- Sanofi-Aventis (NYSE:SNY) closed Thursday's trading session at $47.51. In the past year, the stock has hit a 52-week low of $33.03 and 52-week high of $47.97. Sanofi (SNY) stock has been showing support around $46.72 and resistance in the $48.36 range. Technical indicators for the stock are Bullish and S&P gives Sanofi (SNY) a positive 4 STARS (out of 5) buy rating. For a hedged play on Sanofi (SNY), look at the Feb '13 $47.00 covered call for a net debit in the $45.96 area. That is also the break-even stock price for this trade. This covered call has a duration of 50 days, provides 3.26% downside protection and an assigned return rate of 2.26% for an annualized return rate of 16.52% (for comparison purposes only). Sanofi (SNY) has a current annual dividend yield of 3.03%.

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As of Monday, 12-24-2012 23:59, the latest Comtex SmarTrendA? Alert,
an automated pattern recognition system, indicated a DOWNTREND on
05-09-2012 for SNY @ $35.87.

For more information on SmarTrend, contact your market data
provider or go to www.mysmartrend.com

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