Cameron International ( NYSE: CAM ) closed yesterday at $49.18. So far the stock has hit a 52-week low of $31.66 and 52-week high of $53.83. Cameron International stock has been showing support around 47.62 and resistance in the 51.10 range. Technical indicators for the stock are Bullish and S&P gives CAM a positive 4 STAR (out of 5) buy rating. For a hedged play on this stock, look at an Aug '08 47.50 covered call (CAM HW) for a net debit in the $43.38 area. That is also the break even stock price for this trade. This covered call has an 114 day duration, provides 11.79% downside protection and a 9.5...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)