Youku.com (NYSE:YOKU) closed Wednesday's positive trading session at $21.45. In the past year, the stock has hit a 52-week low of $19.78 and 52-week high of $69.95. Youku.com (YOKU) stock has been showing support around $19.94 and resistance in the $23.42 range. Technical indicators for the stock are Bearish. For a hedged play on Youku.com (YOKU), look at the Jan '12 $13.00 covered call for a net debit in the $12.15 area. That is also the break-even stock price for this trade. This covered call has a duration of 135 days, provides 43.36% downside protection and an assigned return rate of 7.00% for an annualized return rate of 18.91% (for comparison purposes only). Youku.com (YOKU) has a current trailing average dividend yield of 0%. [ABR-Seven Summits Research]