Discover Financial Services (DFS) PriceWatch Alert For 11/5/2009 - Covered Call Risk Ranking Declines to 4 Keys

Posted: Thursday, November 05, 2009 8:15 AM EDT

Discover Financial Services (NYSE: DFS) closed yesterday at $13.95. So far the stock has hit a 52-week low of $4.73 and 52-week high of $17.36. The proprietary Key Risk Ranking for DFS has declined from a 5 KEY Lowest 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 8.23% return (18.42% 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. [THA-Seven Summits Research]

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