Eastman Chemical (EMN) PriceWatch Alert For 11/4/2009 - Covered Call Risk Ranking Declines to 3 Keys

Posted: Wednesday, November 04, 2009 8:34 AM EDT

Eastman Chemical (NYSE: EMN) closed yesterday at $55.16. So far the stock has hit a 52-week low of $17.76 and 52-week high of $57.89. The proprietary Key Risk Ranking for EMN 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 6.88% return (34.40% 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. [WBA-Seven Summits Research]

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