President Biden will attend a big-ticket fundraiser for House Democrats Thursday evening alongside Speaker Nancy Pelosi, D-Calif., in Los Angeles. Tickets for the high-profile Democratic Congressional Campaign Committee event start at $5,000, with the top-spending attendees shelling out a whopping $50,000 per head, according to a Deadline report. Though the hosts of the event remain […]
The Heritage Foundation’s Oversight Project sued the Department of Justice on Thursday for failing to comply with Freedom of Information Act requests for documents explaining why it ignored protests outside the homes of Supreme Court justices in the wake of this year’s historic abortion ruling. The group’s lawsuit against the Justice Department said its request […]
The House select committee investigating the Jan. 6, 2021 riot at the U.S. Capitol is expected to vote Thursday to subpoena former President Trump. The committee’s members, seven Democrats and two anti-Trump Republicans, will hold a vote to compel the former president to testify about his conduct leading up to the incident, sources tell Fox […]
EXCLUSIVE – Republican lawmakers are demanding a Department of Education investigation into federally funded universities that nominated students to a Google-sponsored fellowship program based on race, ethnicity and disability status. Representatives Chip Roy, R-Texas., Mary Miller, R-Il., and Bob Good, R-Va. asked Secretary of Education Miguel Cardona to analyze whether federal anti-discrimination laws apply to […]
Past and present support for certain policies related to crime from left-wing Senate candidates could be a hindrance for Democrats in the upcoming midterm elections as they seek to maintain control in Congress. At least five Democrats running for Senate positions around the country — John Fetterman, Rep. Tim Ryan, Mandela Barnes, Cheri Beasley, and […]
No two days are the same, which is why you could be considering getting into asset management. With how many people try breaking into the field, you’ll have a lot of competition. With a few tips, you can make it much easier for yourself, and you’ll get into your dream job. Three tips stand […]
Sometimes, those calculations are very clear-cut, in the case of valuing an option at expiration, and other times not so much, as in the case of valuing an out-of-the-money option on a highly volatile stock that expires in two years. What is Intrinsic Value? The intrinsic value of an option contract is its value […]
They’re selling options to traders looking for big wins, and when those options expire worthless, the seller of the option gets to keep the premium he collected. Many traders use these spreads to trade range-bound markets, where there’s a sustained technical range with well-defined support and resistance levels. These are winning trades should the […]
This means that you do not actually take possession of the underlying currency. Instead, you are paid the difference between the market value and the strike price at the time of maturation. If you want to trade currency options, you need an account with a broker or bank that allows access to this type of […]
During the pandemic, people couldn’t get drunk, hang with their friends, or go golfing, so they replaced those hobbies with options trading. Bloomberg’s Matt Levine calls this phenomenon the boredom markets hypothesis. Here’s Matt explaining: The weird thing about the coronavirus crisis is that it simultaneously (1) caused a stock market crash and (2) […]