Randgold Resources (GOLD) PriceWatch Alert For 11/5/2009 - Covered Call Risk Ranking Improves to 3 Keys
Posted: Thursday, November 05, 2009 8:03 AM EDT
By: Market Intelligence Center Staff
Randgold Resources (NasdaqNM: GOLD) closed yesterday at $74.82. 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 improved from a 2 KEY Considerable 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 10.10% return (51.20% 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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