Bristol Myers (BMY) PriceWatch Alert - Calendar Spread Risk Ranking Declines to 3 Keys
Posted: Tuesday, February 17, 2009 8:08 AM EDT
By: Market Intelligence Center Staff
Bristol Myers (NYSE: BMY) closed yesterday at $21.75. So far the stock has hit a 52-week low of $16.00 and 52-week high of $23.98. The proprietary Key Risk Ranking for BMY has declined from a 4 KEY Low 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 13.90% return (41.00% 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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