United States Natural Gas Fund, LP (UNG) PriceWatch Alert For 10/14/2009 - Covered Call Risk Ranking Declines to 3 Keys
Posted: Wednesday, October 14, 2009 8:22 AM EDT
By: Market Intelligence Center Staff
United States Natural Gas Fund, LP (PCX: UNG) closed yesterday at $11.31. So far the stock has hit a 52-week low of $8.94 and 52-week high of $31.42. The proprietary Key Risk Ranking for UNG 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 9.77% return (19.27% 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]
CLICK HERE: FREE (UNG) Stock ReportSee what our analysts have uncovered about (UNG).