Replies

>>>You’re right, but the stock market rallied today on it.

This is the reason

https://finance.yahoo.com/news/1-9-trillion-options-expiration-203308727.html

A $1.9 Trillion Options Expiration Is Crucial Moment for Stock Hedgers

2,144 posted on 07/15/2022 1:36:41 PM PDT by jennychase ( )

2,145 posted on 07/15/2022 1:37:14 PM PDT by jennychase ( )

Good luck to them!
Memories:

I had taken a summer class but missed the first two weeks, so opted to take the second test as my grade.
It was one problem, a Black-Scholes (for stock options) that took up 4 pages, as back then we had to do calculations by hand. Thank God for calculators and computer programs, although I do believe the calculations need to taught by hand first.

A lot of new grads had been hired without full comprehension of how finance works, and that was only one cause of the financial breakdown in 2007.

BTW, I made an A.

2,155 posted on 07/15/2022 3:06:54 PM PDT by Rusty0604 (" When you can't make them see the light, make them feel the heat." -Ronald Reagan)

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794