Does Saudi Arabia have gold deposits apart from its vast oil deposits?
Answers: The ancient gold mine of the Hebrew King Solomon of ancient Israel was discovered about 10 years ago 50 miles south of Mecca with proven gold reserves of $50 million which has been since been mined out by the Saudi Arabian government. Ancient mining artifacts were discovered at the mining site.
The country holds about 143 tons of gold. They rank 26th on the list of countries with the most gold reserves.
USA is #1 with 8,133 tons.
Jim cramers foolish money?
can i watch full on a daily basis episodes online?if so, what website can i watch them at?
Answers: Itunes have lightening round Pod Cast you can subscibe to
for free
plus check out CNBC. com I think they may enjoy reruns. I am not sure though. I do subscribe to them and I get to monitor CNBC on the internet. There is a fee though
Jim Cramer is awesome
People can`t bear him because they are jealous
why would you *want* to keep watch on Jim Cramer? he's a nut.
if i could, i'd rather study Jim Rogers than Jim Cramer...
(Utopia - what do people own to be jealous of Jim Cramer for?)
Sure, study Rick Santelli take down Cramer
http://kirklindstrom.blogspot.com/2008/0...
Cramer isn't "right" more than anybody else, he's a short time ago melodramatic.
What does CALL, PUT, and STRIKE mingy surrounded by stock investing?
Can you give a scenario within which one can gain from a Call option and a Put preference? What's the significance of the Strike price?Answers: That's a bit long and complicated, but in short:
Buying a name option is the right (but not the obligation) to purchase a stock at a predetermined price (the strike price).
If you buy a ring for ABC Company with a strike price of $20, you can buy the stock for $20. If the open market price of the stock is $30, your position is profitable because you can still buy it for $20. Or, you can sell the contract at a profit in need exercising it (actually buying the stock). If the market price of the stock falls to $15, you enjoy a loss because no one will payment $20 for a $15 stock.
A put is the right (but not the obligation) to sell a stock at a predetermined price (the strike price), so it is a bet that a stock will drop off in value). If you buy a put for $20 and the stock falls to $15, you can still supply shares for $20. If the stock goes up to $25, you own a loss. Again, you can sell the contract short actually have to exercise it.
You can also sell call and puts, but that's too complicated to explain here.
For a more detailed explanation, go to the dictionary division of www.investopedia.com and search for "call" and "put".
A call upon gives you the right to purchase a stock at the current price. Call option are bought when the price of the stock is expected increase.
A put option give you the right to sell a stock at the current attraction, so they are purchased when the price is expected to decrease.
A 'call' is a contract you can buy or put on the market, giving the holder the right to buy or sell the 'underlying' indemnity. It's much cheaper to buy a 'call' than it is to buy the underlying security. The price at which you hold the right to buy the security is call the 'strike price'.
A 'put' is a contract you can buy or sell, giving the holder the right to SELL the underlying shelter at a given price - 'strike price'.
For example, IBM might be trading at $101.60 (which it is at the moment). You can buy the right to buy the stock at a 'strike price' of $105. The $105 'strike price' doesn't change, single the value of this choice contract. As IBM trades closer to $105, the value of your contract go up.
A put works in the different fashion. You can buy the put near a 'strike price' of $100. The value of your put increases as the price go down.
Both instances above are examples of 'out-of-the-money' contracts. You can also buy 'in-the-money' contracts, which have a strike price i.e. more favorable than the underlying price.
There are thousands of ways to make money using these derivatives - and expected 10,000 ways to lose money.
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Edit: They all own an expiration. They expire either worthless - out of the money - or next to value - surrounded by the money.
Each contract has a expediency, which increases or decreases as the underlying increases or decrease in appeal - invert it for the put. As you get to the expiration, the advantage goes to not anything, or underlying + strike price.
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Edit: In reading Zmans comments, it occurred to me that you might whip these snippets and jump into the open market. I wouldn't. I'd suggest digging into pricing theory, the greeks and the basis you're interested in the option market.
While adjectives the answers you have received are unanimously correct, I am not sure if they would be clear if you know nothing more or less options.
If you are likely to invest about 30 minutes to attain clear, accurate answers to your questions I suggest you turn to
http://www.cboe.com/LearnCenter/Tutorial...
and take the first one or two tutorials on option. If you are still interested in them you can move about on and look at the remaining tutorials and get a much more complete picture.