Best Buy (BBY) PriceWatch Alert For 10/30/2009 - Calendar Spread Risk Ranking Improves to 2 Keys
Posted: Friday, October 30, 2009 8:46 AM EDT
By: Market Intelligence Center Staff
Best Buy (NYSE: BBY) closed yesterday at $39.27. So far the stock has hit a 52-week low of $16.42 and 52-week high of $42.06. The proprietary Key Risk Ranking for BBY 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 14.01% 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. [FBB-Seven Summits Research]
CLICK HERE: FREE Best Buy (BBY) Stock ReportSee what our analysts have uncovered about Best Buy (BBY).