COVERED CALL
Options strategy in which an investor holds a long position in an asset and writes call options on the similar asset at the same time in order to generate higher income from that asset. It is frequently used when an investor has a short-term neutral view on the asset; hence, he simultaneously goes long on the asset and takes a short position through the option to earn income from the option premium. Also called buy-write.
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Robert C. Merton
American economist who won the 1997 Nobel Memorial prize in Economic Sciences, along with Myron Scholes, for developing the Black-Sholes model, whi ...
Buy Stops Above
Recommendation to purchase a given security once a security’s price surpasses a particular resistance level by putting a buy stop order at th ...
Admitted Company
An insurance company admitted and allowed by an another state to transact insurance business despite having a domiciled status on an another state. ...
Black Box Model
Computer program, process, or system processing the information entered by the user using pre-programmed logic in order to produce the user’s ...
Form 3903
A form issued by the IRS and used by taxpayers to deduct moving expenses related to taking a new job.
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