Advance Auto Parts Online

February 6, 2011 by staff 

Advance Auto Parts Online, Advance Auto Parts, Inc. (NYSE: AAP), a leading retailer of automotive aftermarket parts, batteries, accessories and maintenance items, will report its fourth quarter and annual financial results after market close Wednesday, February 9 2011. The company will detail its results on a conference call starting at 10:00 am Eastern Time, Thursday, February 10, 2011, which will be made available simultaneously on the website of the Company, The call is also available by calling 866-908-1AAP. A replay of the conference call will be available on the Advance for one year.

About Advance Auto Parts: Headquartered in Roanoke, Va., Advance Auto Parts, a leading retailer of automotive aftermarket parts, accessories, batteries, and maintenance items in the United States, serves both markets installation do-it-yourself and professional. On October 9, 2010, the Company operated 3,540 stores in 39 states, Puerto Rico and the Virgin Islands.

Additional information about the Company, employment opportunities, customer services, and online shopping for parts and accessories can be found on the website of the Company

Advance Auto Parts Inc. (NYSE: PAA) closed the trading session at $ 62.24 Tuesday. In the past year, the stock has hit a low of 38.38 to 52 weeks and 52 weeks of high and 69.51. Advance Auto Parts stock has been showing support around 59.56 and resistance and the beach and 66.84. Technical indicators for the stock are bearish and P give it a 4-star PSA positive (out of 5) buy rating. For a hedged play on this stock, look at the March 11 and 60.00 covered call for a net debit in the area and 57.94. It is also the share price breakeven for this trade. This covered call has duration of 73 days, offers downside protection and a 6.91% assigned return rate of 3.56% for an annualized return of 17.78% (for comparison). Advance Auto Parts has a current annual dividend yield of 0.36%.

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