Sony (SNE) PriceWatch Alert - Covered Call Risk Ranking Declines to 2 Keys
Posted: Friday, November 13, 2009 8:40 AM EDT
By: Market Intelligence Center Staff
Sony (NYSE: SNE) closed yesterday at $28.24. So far the stock has hit a 52-week low of $15.64 and 52-week high of $30.82. The proprietary Key Risk Ranking for SNE 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 5.31% return (12.50% 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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