Amgen (AMGN) PriceWatch Alert - Calendar Spread Risk Ranking Improves to 3 Keys

Posted: Monday, November 23, 2009 8:38 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 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 an optimal calendar spread trade on this underlying stock with a targeted 31.23% return (79.00% 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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