create your own hedge fund increase profits and reduce risks with etfs and options phần 10 docx

... Data: Wolfinger, Mark D. Create your own hedge fund : increase profits and reduce risk with ETFs and options / Mark Wolfinger. p. cm. — (Wiley trading series) Includes bibliographical references and index. ISBN ... Betty and Khiva Wolfinger. They would have loved to see their son become an author. 4339_P FM.qxd 11/19/04 12:14 PM Page v Create Your Own He...

Ngày tải lên: 10/08/2014, 07:21

... the world of hedge funds. Consider these facts: Operating a hedge fund can be very lucrative; many public investors are searching for hedge funds; hedge funds are un- regulated and investment ... investors 18 cents per year, per $100 invested, compared with $1.25 per $100 investment for the average ac- tively managed mutual fund. 12 14 CREATE YOUR OWN HEDGE FUND 433...

Ngày tải lên: 10/08/2014, 07:21

... HOLDRs. Miscellaneous ETFs A few ETFs that operate as open-ended mutual funds but do not fit into any particular category are listed in Table 6.9 as miscellaneous ETFs. 50 CREATE YOUR OWN HEDGE FUND TABLE ... ex- change traded funds to reduce investment expenses and stock options to hedge your investments, your chances of outperforming the market will be significan...

Ngày tải lên: 10/08/2014, 07:21

... exchange, options became standard- ized (see boxed text), and customers were able to buy and sell options as easily as stock. Trading options on an exchange began with the listing of call options ... expire, the company announces that earnings 74 CREATE YOUR OWN HEDGE FUND 4339_PART3.qxd 11/17/04 1:16 PM Page 74 Comparing Stock Ownership with Call Ownership Table 9.1...

Ngày tải lên: 10/08/2014, 07:21

... whose premium allows you to own the shares at your tar- 106 CREATE YOUR OWN HEDGE FUND 4339_PART3.qxd 11/17/04 1:16 PM Page 106 your stock at the agreed-on price, and you are obligated to sell. ... month) and receive $180 for each. Downside break-even: $30.70 (32.50 – 1.80) Maximum profit per 100 shares: $180 90 CREATE YOUR OWN HEDGE FUND 4339_PART3.qxd 11/17/...

Ngày tải lên: 10/08/2014, 07:21

... 130 CREATE YOUR OWN HEDGE FUND TABLE 13.2 Optionable HOLDRs and Sector SPDRs Underlying Exchange Traded Fund Symbol Biotech HOLDRs BBH Broadband HOLDRs BDH Europe 2001 ... sufficient funds to benefit from the recommended program, you can cash in your index funds to purchase ETFs and begin writing covered calls against them. Depending on the ETFs you want to own, $10, 00...

Ngày tải lên: 10/08/2014, 07:21

... must call your 146 CREATE YOUR OWN HEDGE FUND 4339_PART4.qxd 11/17/04 12:57 PM Page 146 152 CREATE YOUR OWN HEDGE FUND As predicted by the futures, the market opened calmly this morning and I had ... market, but this method increases your chances of beating the market when compared with picking stocks or mutual funds on your own. 140 CREATE YOUR OWN HEDG...

Ngày tải lên: 10/08/2014, 07:21

... 2.16% Collected $2 ,102 .50 $2 ,102 .50 2.11% Required $99,800.00 Account Value $100 ,000.00 Cash $102 ,102 .50 MAX Value $102 ,102 .50 Cash Backing: Cash required to buy ETF shares, if assigned on puts. Break-Even: Downside ... Neither position is riskier than the 196 CREATE YOUR OWN HEDGE FUND TABLE 16.1 Compare Covered Call with Uncovered Put Covered Call Uncovered Put Long Po...

Ngày tải lên: 10/08/2014, 07:21

... account with a broker, meets (suggestion: meet over the weekend following options 214 CREATE YOUR OWN HEDGE FUND 4339_PART4.qxd 11/17/04 12:57 PM Page 214 212 CHAPTER 17 Odds and Ends and Conclusion I n ... 20 leverage and, 20 operate your own, xii, 24 qualified investors and, 21 HOLDRs: rebalancing portfolio and, 49 voting rights and, 49 Index funds: management fees...

Ngày tải lên: 10/08/2014, 07:21

... better than the market 10 CREATE YOUR OWN HEDGE FUND 4339_PART1.qxd 11/17/04 1:01 PM Page 10 Create Your Own Hedge Fund Increase Profits and Reduce Risk with ETFs and Options MARK D. WOLFINGER John ... misconception, and you’ll learn to use options to both re- duce risk and enhance profits. By combining these two tools into one investment method...

Ngày tải lên: 03/05/2014, 13:00