Randgold Resources (GOLD) PriceWatch Alert For 10/23/2009 - Calendar Spread Risk Ranking Declines to 1 Keys
Posted: Friday, October 23, 2009 8:37 AM EDT
By: Market Intelligence Center Staff
Randgold Resources (NasdaqNM: GOLD) closed yesterday at $72.97. So far the stock has hit a 52-week low of $22.28 and 52-week high of $76.97. The proprietary Key Risk Ranking for GOLD has declined from a 2 KEY Considerable Relative Risk to a 1 KEY High 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 12.23% return (78.00% 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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