Reliance Steel & Aluminum Co （NYSE: RS） closed Monday's trading session at $45.37. In the past year, the stock has hit a 52-week low of $34.58 and 52-week high of $55.47. Reliance Steel and Aluminum stock has been showing support around $43.90 and resistance in the $46.18 range. Technical indicators for the stock are Bullish and S&P gives RS a positive 4 STARS （out of 5） buy rating. For a hedged play on this stock, look at the Mar '11 $45.00 covered call for a net debit in the $41.47 area. That is also the break-even stock price for this trade. This covered call has a duration of 116 days, provides 8.60% downside protection and an assigned return rate of 8.51% for an annualized return rate of 26.78% （for comparison purposes only）. Reliance Steel and Aluminum has a current annual dividend yield of 0.91%
豫公网安备41010502003434号