Allegheny Technologies (ATI) PriceWatch Alert - Calendar Spread Risk Ranking Improves to 3 Keys
Posted: Wednesday, September 01, 2010 8:09 AM EDT
By: Market Intelligence Center Staff
Allegheny Technologies (NYSE: ATI) closed yesterday at $40.72. So far the stock has hit a 52-week low of $28.06 and 52-week high of $58.25. The proprietary Key Risk Ranking for ATI 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 18.24% return (47.00% 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. [WBA-Seven Summits Research]
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