Randgold Resources (GOLD) PriceWatch Alert - Covered Call Risk Ranking Improves to 3 Keys
Posted: Friday, November 13, 2009 8:38 AM EDT
By: Market Intelligence Center Staff
Randgold Resources (NasdaqNM: GOLD) closed yesterday at $79.63. So far the stock has hit a 52-week low of $25.05 and 52-week high of $81.64. 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 9.10% return (51.87% 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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