PNC Financial (PNC) PriceWatch Alert For 10/29/2009 - Calendar Spread Risk Ranking Improves to 3 Keys
Posted: Thursday, October 29, 2009 8:03 AM EDT
By: Market Intelligence Center Staff
PNC Financial (NYSE: PNC) closed yesterday at $49.60. So far the stock has hit a 52-week low of $16.20 and 52-week high of $74.68. The proprietary Key Risk Ranking for PNC 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 5.60% return (40.00% 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. [THA-Seven Summits Research]
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