Eastman Chemical (EMN) PriceWatch Alert For 11/5/2009 - Covered Call Risk Ranking Improves to 4 Keys
Posted: Thursday, November 05, 2009 8:11 AM EDT
By: Market Intelligence Center Staff
Eastman Chemical (NYSE: EMN) closed yesterday at $54.84. 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 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 3.22% return (16.33% 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]
CLICK HERE: FREE Eastman Chemical (EMN) Stock ReportSee what our analysts have uncovered about Eastman Chemical (EMN).