Wynn Resorts (WYNN) PriceWatch Alert For 10/29/2009 - Calendar Spread Risk Ranking Declines to 1 Keys
Posted: Thursday, October 29, 2009 8:45 AM EDT
Wynn Resorts (NasdaqNM: WYNN) closed yesterday at $53.87. So far the stock has hit a 52-week low of $14.50 and 52-week high of $74.90. The proprietary Key Risk Ranking for WYNN has declined from a 2 KEY Considerable Relative Risk to a 1 KEY High 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 25.63% return (66.00% 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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