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Tip of the Day Pay Off Your Credit Card Debt

Pay Off Your Credit Card Debt - When assessing your debt load, it is always wise to remember that credit cards carry the highest interest, so you should pay them...

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At the Money

Definition: An option is at the money when its strike price matches the price of the underlying stock.Advice: For example, if you bought a call option on XYZ with a strike price of $35/share when the stock was at $30/share, it'd be out of the money (worthless).  If the stock rose to $35/share, though, it'd be at the money.If you ignore transaction costs (the premium you pay to buy the option), the point where an option is "at the money" is the breakeven point.

 

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