Ctrip Com International (NASDAQ:CTRP) closed Friday's negative trading session at $38.46. In the past year, the stock has hit a 52-week low of $35.36 and 52-week high of $53.16. Ctrip Com International (CTRP) stock has been showing support around $36.56 and resistance in the $40.98 range. Technical indicators for the stock are Bearish. For a hedged play on Ctrip Com International (CTRP), look at the Dec '11 $38.00 covered call for a net debit in the $34.56 area. That is also the break-even stock price for this trade. This covered call has a duration of 96 days, provides 10.14% downside protection and an assigned return rate of 9.95% for an annualized return rate of 37.84% (for comparison purposes only). Ctrip Com International (CTRP) has a current trailing average dividend yield of 0%. [ATU-Seven Summits Research]