Gentex Corp (NASDAQ: GNTX) closed Monday's trading session at $20.81. In the past year, the stock has hit a 52-week low of $14.38 and 52-week high of $23.37. Gentex (GNTX) stock has been showing support around $20.30 and resistance in the $21.10 range. Technical indicators for the stock are Bullish and S&P gives Gentex (GNTX) a neutral 3 STARS (out of 5) hold rating. For a hedged play on Gentex (GNTX), look at the Sep '13 $20.00 covered call for a net debit in the $18.96 area. That is also the break-even stock price for this trade. This covered call has a duration of 151 days, provides 8.89% downside protection and an assigned return rate of 5.49% for an annualized return rate of 13.26% (for comparison purposes only). Gentex (GNTX) has a current annual dividend yield of 2.75%.
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