Darden Restaurants (DRI) PriceWatch Alert For 11/2/2009 - Covered Call Risk Ranking Improves to 3 Keys
Posted: Monday, November 02, 2009 8:42 AM EDT
Darden Restaurants (NYSE: DRI) ended the last trading session at $30.31. So far the stock has hit a 52-week low of $13.21 and 52-week high of $41.21. The proprietary Key Risk Ranking for DRI 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 5.42% return (26.36% 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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