Whether you were long Calls or Puts, it was as traumatic as a fight scene from a Quentin Tarantino movie.
Losses for long calls are limited to the premium paid (if PETM is trading south of the purchased strike), while gains are unlimited above the breakeven point.
The trader profits on the short stock if shares drop, while the long calls hedge potential bullish movement in the price of the underlying through expiration in March.
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If the market does better than a 6% price gain, you'd make 18% (from the Spiders plus the two long calls), but give up all gains beyond that because of the three call options you have shorted.
Where is the inflation in computers, cameras, phones, long distance calls, music players, books?
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That move would allow the smart cheater to get long the calls for a slightly lower cost and make the call trades look like sales since they got traded on the bid.
Short DIA. Evan Lazarus is long LULU calls.
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Mr. Hong, China's foreign ministry spokesman, reiterated China's long-standing calls for tensions to be solved through negotiations.
Last time you checked out of a hotel, I'll bet, you were gouged for your long-distance calls.
The price of long-distance calls has fallen by 40% since the market was thrown open in 1998.
One of these is known as bypass, or disguising long-distance calls as local ones to avoid paying interconnection fees.
It initially expects to offer services for leisure airline tickets, hotel rooms, car hire and long distance telephone calls.
It will compete with the incumbent Telecom Italia in providing local telephony but will transfer customers' long-distance calls to the incumbent.
The cost of long-distance calls has fallen, though still not by enough.
For this story alone, there were the long-distance calls, computers, electricity, wages, health benefits and at least two Starbucks lattes (grande size) involved.
Until recently, broker Cantor Fitzgerald had a worker do nothing all day long but take calls from Goldman and provide prices on ten-year Treasurys.
China, North Korea's most important financial and military backer, also welcomed the announcement and reiterated long-standing calls by Beijing for a resumption of six-party talks.
It is an attitude bar owner Del Vance calls long overdue.
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Though competition has made life cheaper for businesses that make a lot of long-distance calls, ordinary people still pay high prices for lines and local calls.
Deregulation has cut the price of long-distance calls in Japan by 75% over the past decade, allowing telemarketing agencies to expand the area covered by each call-centre.
The cost of discounted, long-distance calls in America has plunged by more than half during the past three years alone, while the tariffs for international calls have tumbled by two-thirds.
He says that around 250 people come to his cabina each day - with most of those coming in the middle of the night to make long distance telephone calls.
But the box turned out to be no more than a glorified router used to send long-distance calls through Qwest (see "The Matrix Unraveled, " Sept. 20, 2004), and Norvergence was later forced into bankruptcy.
Its access charges to rivals, once at 5.8 cents per minute in revenue that competitors collected on long-distance calls, now are down to a penny a minute for traffic that starts or ends on a Telmex line.
But the IRS says the "and" in the 1965 rewrite of the statute can be read as an "or, " which renders the law ambiguous, thus requiring a judge to discern Congress' intent, which was to tax long-distance calls.
Mobilcom, which charges a flat rate of DM0.19 a minute for long-distance calls in Germany (a third of Deutsche Telekom's peak rate), is so popular that most customers trying to reach its network find only a busy signal.
That task grew more difficult in May, when news broke that federal prosecutors were looking into allegations that MCI, since 1994 and be-fore merging into WorldCom, had be-gun illegally disguising long-distance calls as local ones to avoid paying the Bells millions of dollars in access fees--and continues to do so.
Last April, F-Secure researcher Mikko Hyppo nen found a Trojan masquerading as a first-person shooter game for Windows Mobile, which secretly made calls to international numbers in places as farflung as Sao Tome and North Korea, using what appeared to be a revenue sharing agreement to split the cash with the companies that placed the long-distance calls.
As a result, calls are charged at a much cheaper rate: long-distance and international calls can be made for the price of a local call and a home broadband-internet connection.
Comptel, an American business association, has accused Telmex of not consolidating local area codes (so local calls are charged as long-distance) and of inserting recorded messages into calls from rival carriers, warning that future calls might fail.
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