Verizon Communications (VZ) PriceWatch Alert For 11/2/2009 - Covered Call Risk Ranking Declines to 3 Keys
Posted: Monday, November 02, 2009 8:02 AM EDT
By: Market Intelligence Center Staff
Verizon Communications (NYSE: VZ) ended the last trading session at $29.59. So far the stock has hit a 52-week low of $26.10 and 52-week high of $34.90. The proprietary Key Risk Ranking for VZ has declined from a 4 KEY Low 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 4.75% return (23.11% 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. [ABR-Seven Summits Research]
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