BP (BP) PriceWatch Alert For 1/7/2009 - Calendar Spread Risk Ranking Declines to 2 Keys

Wednesday, January 07, 2009 8:08 AM EDT

BP (NYSE: BP) closed yesterday at $49.05. So far the stock has hit a 52-week low of $37.57 and 52-week high of $77.69. The proprietary Key Risk Ranking for BP has declined 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 an optimal calendar spread trade on this underlying stock with a targeted 12.36% return (45.00% 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. [For more information on these strategies along with more details on possible risks go to www.iotogo.com/HPWAinfo]

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