Norfolk Southern (NSC) PriceWatch Alert For 11/20/2009 - Covered Call Risk Ranking Declines to 3 Keys
Posted: Friday, November 20, 2009 8:34 AM EDT
By: Market Intelligence Center Staff
Norfolk Southern (NYSE: NSC) closed yesterday at $50.92. So far the stock has hit a 52-week low of $26.69 and 52-week high of $52.84. The proprietary Key Risk Ranking for NSC has declined from a 4 KEY Low 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 4.56% return (29.19% 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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