ImClone Systems (IMCL) PriceWatch Alert - Covered Call Risk Ranking Improves to 3 Keys
Posted: Friday, October 17, 2008 8:08 AM EDT
By: Market Intelligence Center Staff
ImClone Systems (NasdaqNM: IMCL) closed yesterday at $67.93. So far the stock has hit a 52-week low of $36.87 and 52-week high of $68.89. The proprietary Key Risk Ranking for IMCL has improved from a 3 KEY moderate relative risk to a 3 KEY Moderate 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 1.99% return (5.73% 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]
CLICK HERE: FREE ImClone Systems (IMCL) Stock ReportSee what our analysts have uncovered about ImClone Systems (IMCL).