OSI Pharmaceuticals (OSIP) PriceWatch Alert For 11/3/2009 - Covered Call Risk Ranking Improves to 4 Keys
Posted: Tuesday, November 03, 2009 8:33 AM EDT
OSI Pharmaceuticals (NasdaqNM: OSIP) closed yesterday at $32.85. So far the stock has hit a 52-week low of $27.01 and 52-week high of $43.00. The proprietary Key Risk Ranking for OSIP has improved from a 3 KEY Moderate Relative Risk to a 4 KEY Low 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 3.27% return (16.13% 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. [ATU-Seven Summits Research]
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