It seems like only yesterday tax reform blotted newspapers and publications with derisive headlines ostentatiously for taking stark positions as a means to engender compromise. Well, those fights have come and gone and now the repercussions of those changes...
Earning a steady income is a necessity if you have plans to support yourself and often requires trading your time for money. However, not all income comes in the form of paycheck. Rather, some assets that make money you’ve...
It’s no secret that prescription drugs can be expensive, and even though people need cheaper access to their medications now more than ever, prescription drug prices have raised an average of 5% so far in 2021. Increasing drug prices...
Hey folks, this is an unrelated blog post to what I normally write, just wanted to put this out on the internet to help others who might be having the same problems…
If you are trying to connect your new...
An Asian option is also known as the "average value option" and is a unique form of option contract where the payoff is determined by averaging the price over some pre-determined amount of time. Normally, the "European" or "American"...
The Operating Profit Margin is a fairly simple calculation meant to provide a business with an understanding of how much profit is earns relative to the cost of operations. Calculating this metric requires simply dividing the operating profit by...
What is the 'Zero-Volatility Spread - Z-spread'
The Zero-volatility spread (Z-spread) is the constant spread that makes the price of a security equal to the present value of its cash flows when added to the yield at each point on...
Definition
The payment that a stockbroker receives from a market maker in exchange for routing its clients' trades to that market maker is called Payment for Order Flow (PFOF). It's been derisively termed a "kickback" by its critics. Payments for...
In the financial world, there are plenty of ways to grow a portfolio. Mortgage-backed securities are instruments that offer a variety of benefits to those hoping to lend, invest and borrow. Here's a quick introduction to how they work,...
What is 'Kappa'
One of the "Greeks," kappa is the ratio of the dollar price change of an option to a 1% change in the expected price volatility (also called implied volatility) of the underlying asset. Kappa tells investors how...