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Aluminum Corporation of China (ACH) PriceWatch Alert For 5/19/2009 - Covered Call Risk Ranking Improves to 3 Keys
- China Aluminium Network
- Post Time: 2009/5/21
- Click Amount: 427
Aluminum Corporation of China (NYSE: ACH) closed yesterday at $24.66. So far the stock has hit a 52-week low of $7.22 and 52-week high of $47.95. The proprietary Key Risk Ranking for ACH 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 11.75% return (17.72% annualized for comparison purposes). This ranking looks at many factors related to the stock and associated option contracts.
Source: www.marketintelligencecenter.com
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