Safeway (SWY) PriceWatch Alert - Covered Call Risk Ranking Declines to 2 Keys

Posted: Monday, November 23, 2009 8:36 AM EDT

Safeway (NYSE: SWY) closed yesterday at $22.62. So far the stock has hit a 52-week low of $17.19 and 52-week high of $24.32. The proprietary Key Risk Ranking for SWY has declined from a 3 KEY Moderate Relative Risk to a 2 KEY Considerable 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 6.53% return (20.38% 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. [ABR-Seven Summits Research]

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