Discover Financial Services (DFS) PriceWatch Alert For 6/11/2009 - Calendar Spread Risk Ranking Improves to 3 Keys
Posted: Thursday, June 11, 2009 8:08 AM EDT
Discover Financial Services (NYSE: DFS) closed yesterday at $9.74. 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 improved from a 2 KEY Considerable 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 21.95% return (37.00% 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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