Best Buy (BBY) PriceWatch Alert For 10/30/2009 - Covered Call Risk Ranking Improves to 3 Keys

Posted: Friday, October 30, 2009 8:25 AM EDT

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 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 a conservative covered call trade on this underlying stock with a targeted 8.05% return (37.67% 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]

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