It’s not often that we can make money even when our underlying investment goes down in price. But one simple option strategy has the power to do just that. In fact, this strategy has consistently ...

Option pricing is calculated using the Black-Scholes model, which takes four influential factors into account: the price of an underlying stock (assuming constant drift and volatility), an option’s ...

For well over a decade, the institutional municipal market has been dominated by high 5% bonds callable at 100 in year 10. The premium market price corresponding to the artificially high coupon ...