Illumina (ILMN) PriceWatch Alert - Covered Call Risk Ranking Improves to 4 Keys

Posted on Friday, October 03, 2008 8:08 AM

Illumina (NasdaqNM: ILMN) closed yesterday at $36.53. So far the stock has hit a 52-week low of $25.17 and 52-week high of $47.88. The proprietary Key Risk Ranking for ILMN 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 7.87% return (27.09% 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. [For more information on these strategies along with more details on possible risks go to www.iotogo.com/HPWAinfo]