The Traderszone Network

In Austin — a trendy Texas city — two New Yorkers are trying to export a preppy sensibility.

Hello,

I am reading about about how you can “buy back” a covered call you sold. You would do this if the stock is losing value and you want to get out of the stock.

However, no concrete fully-worked example is provided in the texts I have read (books, online). So I created my own example. I was hoping someone could evaluate if my example is realistic in terms of the money flows. For simplicity, I am eliminating transaction costs:

The stock is selling at $84.
You buy 100 shares.
The…

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The first UK interest rate increase in over a decade has variable-rate mortgages climbing while buyers into Britain’s prime housing market will feel no pain. The rate increase, from 0.25 percent to 0.5 percent was announced Thursday, which Knight Frank Finance’s managing partner Simon Gammon told Mansion Global would “immediately” effect variable-rate mortgage borrowers’ wallets. “This quarter point increase translates into an extra £250 [$327] a year in interest for every £100,000 [$131,000] of borrowing,” […]

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