Randgold Resources (GOLD) PriceWatch Alert For 10/28/2009 - Calendar Spread Risk Ranking Improves to 2 Keys
Posted: Wednesday, October 28, 2009 8:33 AM EDT
Randgold Resources (NasdaqNM: GOLD) closed yesterday at $69.90. So far the stock has hit a 52-week low of $23.27 and 52-week high of $76.97. The proprietary Key Risk Ranking for GOLD has improved from a 1 KEY High Relative Risk to a 2 KEY Considerable 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 8.47% return (59.00% 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. [WBA-Seven Summits Research]
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