Continental Airlines (CAL) PriceWatch Alert For 11/9/2009 - Calendar Spread Risk Ranking Improves to 4 Keys
Posted: Monday, November 09, 2009 8:13 AM EDT
By: Market Intelligence Center Staff
Continental Airlines (NYSE: CAL) ended the last trading session at $12.77. So far the stock has hit a 52-week low of $6.37 and 52-week high of $21.83. The proprietary Key Risk Ranking for CAL 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 an optimal calendar spread trade on this underlying stock with a targeted 12.78% return (21.00% 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. [ABR-Seven Summits Research]
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