Options trading's explicit costs have plummeted to near zero, but what about implied transaction costs?
What can options tell us about expectations and positioning ahead of the 2020 US election?
Why do value investors so rarely write calls on their long positions?
Do option-based strategies offer any value to investors?
Providing an overview of a number of option-trading strategies, situations in which they may be appropriate, and ways to implement them, this book is geared toward equity investors with limited option-trading experience who are looking to add option-trading strategies to their investing toolkits.
This is the first part of a two-part interview with Nobel Laureate Myron Scholes. In this installment, Scholes shared his perspectives on the Black-Scholes option pricing model, from the motivation and intuition of the original formula to the myriad of extensions.
In part two of this discussion, Kevin Harney discusses the effects of the critical assumptions in finance and what can be done differently.
Finance rests upon several critical assumptions that have logical holes. Among the assumptions are: Brownian motion and normally distributed outcomes. Here is a discussion of some of the effects caused by these assumptions.
The world is flat, or so people thought, until enterprising Greek philosophers challenged the notion in the 6th century BC. More than 2,000 years later, Ferdinand Magellan made a practical demonstration of that fact when he circumnavigated the globe. Although stocks in 2011 sailed through periods of sunshine, wind, and rain, many equities markets ended up flat just the same. Nonetheless, some investors proved that it is possible to make money in this market — and they did so writing covered calls.
Matthew T. Moran discusses using options and futures to manage risk and improve income.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.