Waste Management (WMI) PriceWatch Alert For 7/24/2009 - Covered Call Risk Ranking Declines to 3 Keys
Posted: Friday, July 24, 2009 8:08 AM EDT
By: Market Intelligence Center Staff
Waste Management (NYSE: WMI) closed yesterday at $29.52. So far the stock has hit a 52-week low of $22.10 and 52-week high of $36.92. The proprietary Key Risk Ranking for WMI 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 a conservative covered call trade on this underlying stock with a targeted 5.19% return (22.28% 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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