Best Buy (BBY) PriceWatch Alert For 11/19/2009 - Covered Call Risk Ranking Improves to 3 Keys

Posted: Thursday, November 19, 2009 8:06 AM EDT

Best Buy (NYSE: BBY) closed yesterday at $42.48. So far the stock has hit a 52-week low of $16.42 and 52-week high of $43.07. The proprietary Key Risk Ranking for BBY 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 6.65% return (41.83% 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. [THA-Seven Summits Research]

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