Verizon Communications (VZ) PriceWatch Alert For 11/6/2009 - Covered Call Risk Ranking Improves to 4 Keys
Posted: Friday, November 06, 2009 8:26 AM EDT
By: Market Intelligence Center Staff
Verizon Communications (NYSE: VZ) closed yesterday at $29.31. So far the stock has hit a 52-week low of $26.10 and 52-week high of $34.90. The proprietary Key Risk Ranking for VZ 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 6.84% return (15.41% 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. [FBB-Seven Summits Research]
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