Yawn, who cares. Thousands of wealthy Chinese are using birth-tourism to establish birthright citizenship for their kids in the US. https://kutv.com/news/nation-world/...hinese-visitors-give-birth-to-american-babies
Thanks, I cannot understand the graphics of Trading Mate or indeed the logic of this trade- as in my estimation it will never make any money! But this is simplistic [By using one short call with delta 0.8 on the first expiry and two long calls delta 0.35 on the second expiry, the strategy is initially bearish with a delta of 0.1.] You sell a deep in the money call and hope the market drops, while the hedge is unlikely to help much. Here is the trade on FTSE https://optioncreator.com/stl6u11
As if only the super rich avoids it. Heard from my uncle whos in middle class and has side bis. Hes argument was : ,,Why to pay it if poloticians are going to waste it on stupid projects" Used to look like a smart guy. Used to.
It's the same set up as these guys: you are selling a .8 Delta call against 2x.4 Delta calls in the next month. In simplistic terms you are delta neutral but gamma is a different matter and anyone selling deep in the money is going to have a problem as premium will not evaporate- so if the market stays the same which is the most likely scenario the .8 Delta call will be worth 212 and clearly the 2 long options will no longer be worth 96.5 each. So while the trade is a credit of 53 it's almost certain you'll be paying that much or more to close out. I'll keep track of my version and might use this on the website
This is different to how I traded options. There were quarter values and expiration dates. The delta was the change in price although delta was used in differentiation in quadratic equations to work out an estimation of an option's value. We saw an option as an insurance premium for the future right to buy or sell a commodity or stock but not a requirement. When an option was purchased you had until the expiry date to sell the option depending on whether the option was in the money, which would make you money or out of the money, which would lose you money, you would make a profit or loss. The figures you are giving seem to be fixed. I would trade by buying either a call or put option then wait until it was in the money to then sell it. The periods when the option was in the money changed until I waited for the price I wanted. I had at least a quarter of a year to chose whether to sell the option when I had chosen a price that was right for me. Has this changed?
Ha ha, your uncle represents the weak mentality of those I'd just as soon be rid of. He has my blessing to leave as soon as possible.
Your uncle has a point. Governments are full of colossal waste. There's almost no oversight and they're spending others' money. Nowadays EU is all about offering refugees free housing, free health care, free food, clothing, you name it. Meanwhile quite a few of their own citizens cannot even afford proper dental care and some lack health insurance. The same refugees that will leave as soon as Germany or UK accepts them. It's a complete lack of taxpayer funds.