Check out this graphic to see how your loans could be forgiven:
H/T US Pirg
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The frothing excitement around these prototype, titanium-framed wearable computers has the tech world tripping over itself, but big what, why, and how questions remain. CNET dives in to clear up the reality -- and the future possibilities -- of Google Glass.
Google glass is a cool idea but the commercials take it way further than what is possible.
Paint it Red: the most stunning designs from Jony Ive and Marc Newson’s charity auction
After nearly two years in the making, a charity auction orchestrated by Jony Ive, Bono, and designer Marc Newson is set to begin this Saturday. While Ive and Bono have collaborated in the past to benefit the musician’s Product Red charity — such as in 2006, when Apple released a black-and-red, U2-themed iPod — Saturday’s auction takes Ive’s involvement much further: working with Newson, the two curated and customized over 40 different items, from chairs, to cars, to Apple products, all of which will go up for sale.
By: StockoptionChannel.com
Shareholders of Lazard (LAZ) looking to boost their income beyond the stock's 2.3% annualized dividend yield can sell the June 2014 covered call at the $45 strike and collect the premium based on the $1.80 bid, which annualizes to an additional 7.9% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 10.2% annualized rate in the scenario where the stock is not called away. Any upside above $45 would be lost if the stock rises there and is called away, but LAZ shares would have to climb 4.4% from current levels for that to occur, meaning that in the scenario where the stock is called, the shareholder has earned a 8.6% return from this trading level, in addition to any dividends collected before the stock was called.
In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of Lazard, looking at the dividend history chart for LAZ below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 2.3% annualized dividend yield.
Below is a chart showing LAZ's trailing twelve month trading history, with the $45 strike highlighted in red:
The chart above, and the stock's historical volatility, can be a helpful guide in combination with fundamental analysis to judge whether selling the June 2014 covered call at the $45 strike gives good reward for the risk of having given away the upside beyond $45. (Do most options expire worthless? This and six other common options myths debunked). We calculate the trailing twelve month volatility for Lazard (considering the last 252 trading day closing values as well as today's price of $43.24) to be 26%. For other call options contract ideas at the various different available expirations, visit the LAZ Stock Options page of StockOptionsChannel.com.
In mid-afternoon trading on Tuesday, the put volume among S&P 500 components was 642,577 contracts, with call volume at 1.08M, for a put:call ratio of 0.60 so far for the day. Compared to the long-term median put:call ratio of .65, that represents high call volume relative to puts; in other words, buyers are showing a preference for calls in options trading so far today. Find out which 15 call and put options traders are talking about today.
Took 7.8 Pips, still chipping away.
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The Red Herring in Iran Nuclear Negotiations: Arak
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