Fortune Brands (FO) PriceWatch Alert For 10/23/2009 - Covered Call Risk Ranking Improves to 3 Keys

Posted: Friday, October 23, 2009 8:04 AM EDT

Fortune Brands (NYSE: FO) closed yesterday at $43.13. So far the stock has hit a 52-week low of $17.68 and 52-week high of $46.59. The proprietary Key Risk Ranking for FO has improved from a 2 KEY Considerable 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 2.22% return (14.24% 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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