Ameriprise Financial (AMP) PriceWatch Alert For 6/16/2009 - Covered Call Risk Ranking Declines to 2 Keys
Posted: Tuesday, June 16, 2009 8:08 AM EDT
By: Market Intelligence Center Staff
Ameriprise Financial (NYSE: AMP) closed yesterday at $24.78. So far the stock has hit a 52-week low of $11.74 and 52-week high of $49.76. The proprietary Key Risk Ranking for AMP has declined from a 3 KEY Moderate Relative Risk to a 2 KEY Considerable 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 12.05% return (23.65% 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 HERE: FREE Ameriprise Financial (AMP) Stock ReportSee what our analysts have uncovered about Ameriprise Financial (AMP).