Wynn Resorts (WYNN) PriceWatch Alert For 10/23/2009 - Calendar Spread Risk Ranking Improves to 2 Keys

Posted: Friday, October 23, 2009 8:43 AM EDT

Wynn Resorts (NasdaqNM: WYNN) closed yesterday at $63.38. So far the stock has hit a 52-week low of $14.50 and 52-week high of $74.90. The proprietary Key Risk Ranking for WYNN has improved from a 1 KEY High Relative Risk to a 2 KEY Considerable Relative Risk. This Key Ranking is determined daily and is a measure of the relative risk for an optimal calendar spread trade on this underlying stock with a targeted 17.82% return (77.00% 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. [FBB-Seven Summits Research]

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