Rio Tinto PLC (RTP) PriceWatch Alert For 11/20/2009 - Calendar Spread Risk Ranking Declines to 1 Keys
Posted: Friday, November 20, 2009 8:39 AM EDT
By: Market Intelligence Center Staff
Rio Tinto PLC (NYSE: RTP) closed yesterday at $213.85. So far the stock has hit a 52-week low of $59.20 and 52-week high of $223.75. The proprietary Key Risk Ranking for RTP has declined from a 2 KEY Considerable Relative Risk to a 1 KEY High 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 11.92% return (76.00% 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]
CLICK HERE: FREE (RTP) Stock ReportSee what our analysts have uncovered about (RTP).