Discover Financial Services (DFS) PriceWatch Alert For 6/2/2009 - Covered Call Risk Ranking Declines to 3 Keys

Posted: Tuesday, June 02, 2009 8:08 AM EDT

Discover Financial Services (NYSE: DFS) closed yesterday at $10.09. So far the stock has hit a 52-week low of $4.73 and 52-week high of $18.15. The proprietary Key Risk Ranking for DFS has declined from a 5 KEY Lowest 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 13.81% return (22.11% 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 Symbol For More News On: (DFS)