Garmin (GRMN) PriceWatch Alert For 11/17/2009 - Covered Call Risk Ranking Improves to 3 Keys

Posted: Tuesday, November 17, 2009 8:18 AM EDT

Garmin (NasdaqNM: GRMN) closed yesterday at $31.80. So far the stock has hit a 52-week low of $14.40 and 52-week high of $39.65. The proprietary Key Risk Ranking for GRMN has improved from a 2 KEY Considerable Relative Risk to a 3 KEY Moderate Relative Risk. This Key Ranking is determined daily and is a measure of the relative risk for a conservative covered call trade on this underlying stock with a targeted 13.07% return (31.60% annualized for comparison purposes). This ranking looks at many factors related to the stock and associated option contracts. The Key ranking is intended as a guide for investors researching this underlying stock. [ATU-Seven Summits Research]

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