Goodyear Tire and Rubber (GT) PriceWatch Alert For 5/26/2009 - Calendar Spread Risk Ranking Improves to 2 Keys
Posted: Tuesday, May 26, 2009 8:08 AM EDT
Goodyear Tire and Rubber (NYSE: GT) ended the last trading session at $11.45. So far the stock has hit a 52-week low of $3.17 and 52-week high of $26.50. The proprietary Key Risk Ranking for GT has improved from a 1 KEY High Relative Risk to a 2 KEY Considerable 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 16.28% return (25.00% 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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