Archive for the ‘Questions’ Category

Premiums and Values of Traded Options

Monday, April 20th, 2009

The asymmetric nature of returns with regard to the price of the underlying instrument, and mirror image of returns to the holder and the writer, mean that options have a value to the holder even if the current stock price is below the call option’s strike price or above the ...

Call and Put Options

Wednesday, April 15th, 2009

There was a time when opening the mail was something that people looked forward to. That is no longer the case. So imagine your sur prise if one morning you received a letter from your stockbroker enclosing a cer tificate, given in recognition of past business you have given them, ...

What mortgage covers

Tuesday, June 3rd, 2008

Most loans consist of four parts: Principal: the amount you actually borrow; Interest: payment to the lender for the money borrowed; Homeowners insurance: a monthly amount to insure the property required by most lenders; Property taxes: the annual city/county taxes assessed on your property. Most loans are for 30 years, 20, ...

Finding a lender

Wednesday, May 28th, 2008

You can finance a home with a loan from a bank, credit union, private mortgage company, or various state government lenders. When you decide to buy a house you will have to shop for a loan, which like a regular shopping for any other large purchase. You have to ...