Owens Illinois (OI) PriceWatch Alert For 10/27/2009 - Covered Call Risk Ranking Improves to 4 Keys

Posted: Tuesday, October 27, 2009 8:37 AM EDT

Owens Illinois (NYSE: OI) closed yesterday at $36.14. So far the stock has hit a 52-week low of $9.53 and 52-week high of $39.56. The proprietary Key Risk Ranking for OI 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 6.90% return (31.11% 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. [ATU-Seven Summits Research]

Click Symbol For More News On: (OI)