Randgold Resources (GOLD) PriceWatch Alert For 11/3/2009 - Covered Call Risk Ranking Declines to 2 Keys
Posted: Tuesday, November 03, 2009 8:10 AM EDT
By: Market Intelligence Center Staff
Randgold Resources (NasdaqNM: GOLD) closed yesterday at $68.00. So far the stock has hit a 52-week low of $25.05 and 52-week high of $76.97. The proprietary Key Risk Ranking for GOLD has declined from a 3 KEY Moderate Relative Risk to a 2 KEY Considerable 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 11.82% return (58.31% 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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