UltraShort Industrials ProShares (SIJ) PriceWatch Alert For 10/29/2009 - Covered Call Risk Ranking Improves to 4 Keys
Posted: Thursday, October 29, 2009 8:03 AM EDT
By: Market Intelligence Center Staff
UltraShort Industrials ProShares (PCX: SIJ) closed yesterday at $30.03. So far the stock has hit a 52-week low of $25.50 and 52-week high of $173.50. The proprietary Key Risk Ranking for SIJ 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 3.97% return (28.44% 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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