Lennar (LEN) PriceWatch Alert For 10/14/2009 - Covered Call Risk Ranking Improves to 4 Keys
Posted: Wednesday, October 14, 2009 8:38 AM EDT
By: Market Intelligence Center Staff
Lennar (NYSE: LEN) closed yesterday at $15.13. So far the stock has hit a 52-week low of $3.42 and 52-week high of $17.66. The proprietary Key Risk Ranking for LEN has improved from a 3 KEY Moderate Relative Risk to a 4 KEY Low 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 7.82% return (22.12% 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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