Amgen (AMGN) PriceWatch Alert - Covered Call Risk Ranking Improves to 4 Keys

Posted: Monday, November 23, 2009 8:20 AM EDT

Amgen (NasdaqNM: AMGN) closed yesterday at $55.38. So far the stock has hit a 52-week low of $44.96 and 52-week high of $64.76. The proprietary Key Risk Ranking for AMGN has improved from a 3 KEY Moderate Relative Risk to a 4 KEY Low 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 13.59% return (34.22% 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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