Owens Illinois (OI) PriceWatch Alert For 10/27/2009 - Calendar Spread Risk Ranking Improves to 3 Keys
Posted: Tuesday, October 27, 2009 8:30 AM EDT
By: Market Intelligence Center Staff
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 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 an optimal calendar spread trade on this underlying stock with a targeted 8.17% return (37.00% 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. [ATU-Seven Summits Research]
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