Randgold Resources (GOLD) PriceWatch Alert For 11/10/2009 - Covered Call Risk Ranking Declines to 2 Keys
Posted: Tuesday, November 10, 2009 8:40 AM EDT
By: Market Intelligence Center Staff
Randgold Resources (NasdaqNM: GOLD) closed yesterday at $78.85. So far the stock has hit a 52-week low of $25.05 and 52-week high of $80.60. The proprietary Key Risk Ranking for GOLD has declined from a 3 KEY Moderate Relative Risk to a 2 KEY Considerable 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 9.97% return (54.29% 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. [ATU-Seven Summits Research]
CLICK HERE: FREE Randgold Resources (GOLD) Stock ReportSee what our analysts have uncovered about Randgold Resources (GOLD).