ING Group (ING) PriceWatch Alert For 10/14/2009 - Covered Call Risk Ranking Declines to 3 Keys
Posted: Wednesday, October 14, 2009 8:46 AM EDT
ING Group (NYSE: ING) closed yesterday at $18.18. So far the stock has hit a 52-week low of $3.02 and 52-week high of $19.61. The proprietary Key Risk Ranking for ING 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 8.85% return (17.47% 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. [WBA-Seven Summits Research]
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