Bank of America (BAC) PriceWatch Alert For 10/27/2009 - Calendar Spread Risk Ranking Improves to 4 Keys
Posted: Tuesday, October 27, 2009 8:23 AM EDT
By: Market Intelligence Center Staff
Bank of America (NYSE: BAC) closed yesterday at $15.40. So far the stock has hit a 52-week low of $2.53 and 52-week high of $24.62. The proprietary Key Risk Ranking for BAC 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 an optimal calendar spread trade on this underlying stock with a targeted 18.83% return (33.00% 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]
CLICK HERE: FREE Bank of America (BAC) Stock ReportSee what our analysts have uncovered about Bank of America (BAC).