Goodyear Tire and Rubber (GT) PriceWatch Alert For 11/20/2009 - Calendar Spread Risk Ranking Improves to 3 Keys
Posted: Friday, November 20, 2009 8:06 AM EDT
By: Market Intelligence Center Staff
Goodyear Tire and Rubber (NYSE: GT) closed yesterday at $14.45. So far the stock has hit a 52-week low of $3.17 and 52-week high of $18.84. The proprietary Key Risk Ranking for GT 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 an optimal calendar spread trade on this underlying stock with a targeted 4.17% return (10.00% 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. [FBB-Seven Summits Research]
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