There has been much talk recently about China revaluing its currency — lots of different talk. Many market observers believe that the Chinese government will appreciate its currency by roughly 5 to 10 percent in order to curb inflation, cheapen imports like copper, and slow other capital inflows. Some see this revaluation happening as...
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As if we need more confusion to the already-perplexing lexicon of the options world, we must also contend with LEAPS. The acronym, which stands for Long Term Equity Anticipation Security, is essentially just a long-winded way of referring to long-term options that are one to two years out. Not all optionable underlyings have LEAPS,...
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The real beauty of the covered calls strategy is making money on a stock, even when the price of the stock doesn’t move. Yes, it’s nice to make the extra income for a covered calls position when the underlying stock increases in price and the position is rolled, but what really adds oomph to the covered calls...
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