New Post Test
April 11th, 2009
Test
Glossary of Terms
December 16th, 2008
This post defines some of the terminology used within the blog postings so that you can understand the lingo I use.
BTO - Bought to Open
The purchase of a security to establish a new long position or add to an existing one.
BTC - Bought to Close
The purchase of a security to eliminate or reduce a short position.
STO - Sold to Open
The selling of a security to establish a new short position or add to an existing one.
STC - Sold to Close
The selling of a security to eliminate or reduce a long position.
Downside Protection
The percent the stock would have to drop for the breakeven price to be met. For example, if I buy a stock at $15 and sell a call option for $1, my downside protection is 1/15 or 6.67% and my breakeven is $14. So if the stock closes at $14 on the expiration date, my P&L is exactly $0.
Risk Capital
The most I stand to lose on a position.
Hello world!
December 10th, 2008
Testing the ability for this thing to publish correctly.
And asking the question, do I want to use WordPress as my de facto CMS? Not yet convinced about that.