Nadex Spreads are completely different than Nadex Binaries and determining the moneyness for them is also different. Though the definition for moneyness has the same meaning as the intrinsic value of the option, it is also effected by how close the spread is to the underlying market, or the proximity to the underlying market.
Below is a Nadex spread for EUR/USD with the underlying being the EUR/USD Spot Forex. As can be seen, the floor of the spread is 1.3530 and the ceiling is 1.3630. If a trader buys this spread, they are long and the distance between the entry price and the ceiling is the max profit. The distance between the entry and the floor is the max risk.
Related Link: How To Determine Intrinsic Value Of A Nadex Binary Option
A trader cannot have additional loss should the market fall below the floor or additional profit should the market move above the ceiling. The profits and losses are limited to the ceiling and floor levels respectively. How can the moneyness of this spread be determined? To do so, one needs to know where the underlying market is in relation to the spread floor and ceiling and whether the position is long or short.
Top 5 High Tech Stocks To Own For 2015: Tempur-pedic International Inc (TPX)
Tempur-Pedic International Inc. manufactures, markets, and distributes bedding products in North America and internationally. Its products include pillows, mattresses, and adjustable beds, as well as various cushions and other comfort products. The company sells its mattresses and pillows under the TEMPUR and Tempur-Pedic brand names through furniture and bedding, specialty, and department stores; direct response, Internet, and own stores; chiropractors, medical retailers, hospitals, and other healthcare markets; and third party distributors. Tempur-Pedic International Inc. was founded in 1989 and is based in Lexington, Kentucky.
Advisors' Opinion:- [By Adam Haigh]
Japan�� Topix Index (TPX) slid 3.4 percent, extending the worst weekly decline in more than a year. The measure has lost 9.6 percent from May 22, when it closed at the highest level since August 2008. The exporter-heavy Nikkei 225 Stock Average fell 3.2 percent today.
- [By Lu Wang]
Global stocks slumped as rising bond yields pushed Japan�� Topix (TPX) index down 6.9 percent, the most since the aftermath of the March 2011 tsunami and nuclear disaster. The Stoxx Europe 600 Index fell 2.1 percent.
- [By Emma O��rien]
Japan�� Topix Index (TPX) fell 0.1 percent after sliding 4.4 percent last week. South Korea�� Kospi Index rose 0.1 percent following last week�� 0.7 percent retreat.
- [By Peter Graham]
The Q2 2014 earnings report for mattress stock Select Comfort Corp (NASDAQ: SCSS), a potential peer or competitor of other mattress players like Mattress Firm Holding Corp (NASDAQ: MFRM) and Tempur Sealy International Inc (NYSE: TPX), is due out on Wednesday after the market closes. Aside from the Select Comfort Corp earnings report, it should be said that the estimated release date for the Mattress Firm Holding Corp Q2 2014 earnings report is the the week of September 4th while the estimated date for the Tempur Sealy International Inc Q2 2014 earnings report is the week of July 21st. And while the last earnings report from Select Comfort Corp did not cause shares to move much, shares plunged 19% in January as�preliminary fourth quarter results reignited concerns over growth going forward. This came after a 25% plunge after an October earnings report�badly missed expectations.
Top 10 Sliver Companies To Own For 2014: Albany Molecular Research Inc.(AMRI)
Albany Molecular Research, Inc. provides contract services to various pharmaceutical and biotechnology companies primarily in the United States, Europe, and Asia. The company offers a range of drug discovery services, including assay development and design, screening, screening library, natural product, medicinal chemistry, computer-aided drug discovery, in vitro ADMET, and bioanalytical services. It also provides chemical development services consisting of process research and development, custom synthesis, process safety assessment, scale-up capabilities, high potency and controlled substances, analytical services, preformulation services and physical characterization, preparative chromatography, IND support services, fermentation development and optimization, and building blocks collection and database services. In addition, the company offers chemical synthesis and manufacturing services. It manufactures active pharmaceutical ingredients (APIs)and advanced intermediate s. Further, the company provides contract manufacturing services in sterile syringe and vial filling for small molecule drug products and biologicals. Additionally, it offers formulation services, including neat API or pharmaceutical blend in capsules; PIB for solution and suspension; blending and sieving; milling; tableting; rheology; roller compaction; wet granulation; and fluid bed processing, including wurster coating; and associated analytical testing services for dosage formulation products, as well as provides analytical services, such as impurity identification and structure elucidation; method development, qualification, and validation; preformulation and physical characterization; quality control; stability services; analytical and preparative supercritical fluid chromatography; preparative chromatography; good laboratory practices bioanalytical services; and regulatory support/quality assurance services. The company was founded in 1991 and is based in Albany, New York.
Advisors' Opinion:- [By Jake L'Ecuyer]
Among the sector stocks, Albany Molecular Research (NASDAQ: AMRI) was down more than 13 percent, while Sangamo Biosciences (NASDAQ: SGMO) tumbled around 6 percent.
Top 10 Sliver Companies To Own For 2014: Doral Financial Corporation (DRL)
Doral Financial Corporation operates as a bank holding company for Doral Bank that provides retail banking services to general public and institutions. It operates through four segments: Puerto Rico, the United States, Liquidating Operations, and Treasury. The company accepts deposits; obtains borrowings; originates and invests in loans, including residential real estate mortgage loans; invests in mortgage-backed securities and other investment securities; and offers traditional banking services. It also offers commercial and construction loan products; and purchases assigned interests in senior credit facilities from the syndicated leverage loan market in the United States. In addition, the company provides consumer loans, such as consumer credit, personal loans, loans on savings deposits, and other consumer loans. Further, it offers commercial real estate loans; commercial loans, including lines of credit and term facilities, and working capital for specific purposes, su ch as to finance the purchase of assets, equipment, or inventory; and construction lending products, as well as industrial and land loans. Additionally, the company originates, purchases, and sells mortgage loans; and offers property, casualty, life, and title insurance products primarily to its mortgage loan customers. It operates a network of 26 branches in Puerto Rico; 3 branches in the metropolitan area of New York; and 5 branches in the northwest area of Florida. Doral Financial Corporation was founded in 1972 and is based San Juan, Puerto Rico.
Advisors' Opinion:- [By Jayson Derrick]
An attorney at Doral (NYSE: DRL) stated that the company has “not left negotiations” with Puerto Rico's Treasury. Shares lost 2.86 percent, closing at $8.15.
- [By John Udovich]
For investors looking for exposure to the US commonwealth of Puerto Rico, banking stocks Doral Financial Corp (NYSE: DRL), First Bancorp (NYSE: FBP), OFG Bancorp (NYSE: OFG) and Popular Inc (NASDAQ: BPOP) offer the best bet as these Puerto Rico stocks trade on major US exchanges rather than the OTC. However, it should be mentioned that there has been a slowdown in Puerto Rico�� economy which has also shrunk in five of the past seven fiscal years. Then last�February, Puerto Rico�� debt was cut to speculative grade by the three largest credit-rating companies while�Governor Alejandro Garcia Padilla has proposed a series of budget cuts to help tackle the island�� mounting debt load -including the freezing public workers��salaries and the closing about 100 schools.
Top 10 Sliver Companies To Own For 2014: Wet Seal Inc (WTSL)
The Wet Seal, Inc., incorporated in 1990, is a specialty retailer operating stores selling apparel and accessory items designed for female customers aged 15 to 39 years old. As of January 28, 2012, the Company operated 558 retail stores in 47 states and Puerto Rico. Its products can also be purchased online through its Websites. It operates two nationwide, primarily mall-based, chains of retail stores under the names Wet Seal and Arden B. Wet Seal is a junior apparel brand for teenage girls who seek trend-focused clothing, with a target customer age range of 15 to 23 years old. Arden B is a fashion brand for the feminine contemporary woman. Arden B targets customers aged 25 to 39 years old and seeks to deliver collections of fashion and basic separates and accessories for various aspects of the customers��lifestyles. During fiscal year ended January 28, 2012 (fiscal 2011), the Company opened 28 and closed six Wet Seal stores and opened four and closed one Arden B stores.
The Company maintains a Web-based store located at www.wetseal.com, offering Wet Seal merchandise comparable to that carried in its stores, to customers over the Internet. The Company also maintains a Web-based store located at www.ardenb.com, offering Arden B merchandise comparable to that carried in its stores, to customers over the Internet. Its online stores are designed to serve as an extension of the in-store experience and offer a range of merchandise. Wet Seal stores average approximately 4,000 square feet in size. As of January 28, 2012, the Company operated 472 Wet Seal stores and Arden B stores average approximately 3,100 square feet in size.
The Company competes with Abercrombie & Fitch, Aeropostale, American Eagle, Anthropologie, Banana Republic, BCBG, bebe, Body Central, Charlotte Russe, Express, Forever 21, Gap, Guess?, H&M, Nordstrom, Old Navy, Pacific Sunwear, Rue 21, Target, Urban Outfitters and Zara. As of April 28, 2012, the Company operated a total of 553 stores in 47 states and Puerto! Rico, including 469 Wet Seal stores and 84 Arden B stores.
Advisors' Opinion:- [By Ben Levisohn]
Shares of Abercrombie & Fitch have gained 11% to $36.78 today, even as Aeropostale (ARO) has dropped 5.2% to $8.50, and Zumiez (ZUMZ) has fallen 5.6% to $22.85. Wet Seal (WTSL), meanwhile, has gained 0.8% to $2.60 and�American Eagle Outfitters (AEO) has advanced 0.9% to %15.46.
- [By WWW.DAILYFINANCE.COM] Records fell on Wall Street Friday as another solid report on housing lifted the market for the second day in a row. There's a three-day weekend coming up -- something that often prompts investor caution -- but the gains were broad-based even though volume was fairly light. The VIX, which measures volatility, fell to its lowest level this year. The Dow Jones industrial average (^DJI) gained 63 points, the Nasdaq composite (^IXIC) rose 31, and the Standard & Poor's 500 index (^GPSC) added 8, topping the record high set last week. The Dow Transportation average also raced to an all-time high, lifted by airline stocks. United (UAL) soared more than 4 percent; Delta (DAL) gained more than 1 percent and Southwest (LUV) gained 2 percent. Southwest is at an all-time high, up 79 percent from a year ago. New home sales bounced back with a better than expected 6.4 percent increase last month. Lennar (LEN) and D.R. Horton (DHI) both rose 4 percent. Pulte (PHM), Beazer (BZH) and Hovnanian (HOV) also solid posted gains. Earnings continue to drive retail stocks. Gap (GPS) edged higher even though net fell. Foot Locker (FL) gained 1½ percent after topping expectations. GameStop (GME) rose 4 percent. Its net rose, helped by the rollout last year of new Xbox and PlayStation consoles. Zumiez (ZUMZ) rose 5½ percent on an earnings beat. But Aeropostale (ARO) tumbled 24 percent. Its loss widened and sales declined. The retailer continues to struggle with teen fashion trends. Also on the earnings front, TiVo (TIVO) rose 2 percent as it swung to a profit from a year ago loss. It also reported an increase in the number of subscribers. Hewlett-Packard (HPQ) rose 6 percent on news the company plans to eliminate up to 16,000 additional workers in an effort to cut costs. And several stocks extended big moves from yesterday. Best Buy (BBY) rose more than 3 percent for the second straight day after earnings beat expectations. Isis Pharmaceuticals (ISIS) jumped
- [By Caroline Chen]
CEOs were replaced at Canadian Pacific Railway Ltd. (CP) and Procter & Gamble Co. (PG) after activist investor Bill Ackman pushed for shakeups. Greg Taxin�� Clinton Group Inc. prompted management changes at Nutrisystem Inc. (NTRI) and Wet Seal Inc. (WTSL) in the past year.
- [By Laura Brodbeck]
Wednesday
Earnings Expected: The Wet Seal (NASDAQ: WTSL), Express (NYSE: EXPR), Tiffany & Co (NYSE: TIF) Economic Releases Expected: U.S. oil inventory data, German consumer climate, Italian consumer confidenceThursday
Top 10 Sliver Companies To Own For 2014: Express-1 Expedited Solutions Inc.(XPO)
XPO Logistics, Inc. provides third-party logistics services using a network of relationships with ground, sea, and air carriers in the United States, Mexico, and Canada. It operates in three segments: Express-1, Concert Group Logistics, and Bounce Logistics. The Express-1 segment offers ground expedited surface transportation services for freight. It operates a fleet ranging from cargo vans to semi tractor trailer units. The Concert Group Logistics segment provides domestic and international freight forwarding services through a network of independently owned stations. Its domestic freight forwarding services include air charter, expedites, and time sensitive services, as well as cost sensitive services comprising deferred delivery, less than truckload, and full truck load services; and international freight forwarding services consist of on-board courier and air charters, time sensitive services, less-than-container and full-container-loads, and vessel charters. This segm ent also offers documentation on international shipments, customs clearance and banking, trade show shipment management, time definite and customized product distributions, reverse logistics and on site asset recovery projects, installation coordination, freight optimization, and diversity compliance support services. The Bounce Logistics segment provides premium freight brokerage services for truckload shipments. The company serves approximately 4,000 retail, commercial, manufacturing, and industrial customers through 6 U.S. operations centers and 22 agent locations. It offers its services to the automotive manufacturing, automotive components and supplies, commercial printing, durable goods manufacturing, pharmaceuticals, food and consumer products, and high tech sectors. The company was formerly known as Express-1 Expedited Solutions, Inc. and changed its name to XPO Logistics, Inc. in September 2011. XPO Logistics, Inc. was founded in 1989 and is based in Buchanan, Michi gan.
Advisors' Opinion:- [By Jake L'Ecuyer]
XPO Logistics (NYSE: XPO) shot up 7.06 percent to $30.01 after the company announced its plans to acquire Pacer International (NASDAQ: PACR) in a deal valued at $335 million.
- [By Travis Hoium]
What: Shares of XPO Logistics (NYSE: XPO ) jumped 13% today after announcing an acquisition.
So what: The company will pay $365 million for logistics provider 3PD, consisting of $357 million in cash an $8 million in XPO restricted stock. Is will use its own cash and borrow $195 million from Credit Suisse Group for the remainder of the purchase. �
- [By Vera Yuan]
We initiated a new position in Aircastle Ltd. (AYR), an aircraft leasing company with a flexible business model and a rational capital allocation philosophy. We took advantage of an opportunity to purchase shares in the heavily capitalized Georgia bank State Bank Financial Corp. (STBZ) as the depressed stock price reflected investors��lack of patience with a slower than expected pace of capital deployment. We like State Bank�� management team led by Georgia banker Joe Evans. This management team has experience successfully building and selling other Georgia banks. We also received shares of transportation infrastructure company XPO Logistics, Inc. (XPO) as a result of its acquisition of holding Pacer International, Inc.
Top 10 Sliver Companies To Own For 2014: Avnet Inc. (AVT)
Avnet, Inc., together with its subsidiaries, distributes electronic components, enterprise computer and storage products, and embedded subsystems in the Americas, Europe, the Middle East, Africa, Asia, Australia, and New Zealand. It operates in two segments, Electronics Marketing (EM) and Technology Solutions (TS). The EM segment markets and sells semiconductors; interconnect, passive, and electromechanical devices; and embedded products and embedded computing solutions, including technical design, integration, and assembly services to developers of application-specific computing solutions in the non-PC market. It also provides engineers with a host of technical design solutions in support of the sales process of complex products and technologies; engineering and technical resources to support product design, bill of materials development, design services, and technical education and training; and supply chain services focused on original equipment manufacturers (OEMs), el ectronic manufacturing services providers, and electronic component manufacturers. This segment primarily serves electronic component manufacturers in various markets, including automotive, communications, computer hardware and peripheral, industrial and manufacturing, medical equipment, military and aerospace, telecommunications, industrial, and digital editing. The TS segment markets and sells mid-to high-end servers, data storage, and software, as well as provides services required to implement such products and solutions to the value-added reseller channel. It also focuses on the worldwide OEM market for computing technology, system integrators, independent software vendors, and non-PC OEMs that require embedded systems and solutions, including engineering, product prototyping, integration, and other value-added services. The company was founded in 1955 and is headquartered in Phoenix, Arizona.
Advisors' Opinion:- [By Seth Jayson]
Calling all cash flows
When you are trying to buy the market's best stocks, it's worth checking up on your companies' free cash flow once a quarter or so, to see whether it bears any relationship to the net income in the headlines. That's what we do with this series. Today, we're checking in on Avnet (NYSE: AVT ) , whose recent revenue and earnings are plotted below. - [By Seth Jayson]
Calling all cash flows
When you are trying to buy the market's best stocks, it's worth checking up on your companies' free cash flow once a quarter or so, to see whether it bears any relationship to the net income in the headlines. That's what we do with this series. Today, we're checking in on Avnet (NYSE: AVT ) , whose recent revenue and earnings are plotted below. - [By Rich Duprey]
In an effort to help�European businesses select the correct advanced flash memory early in the design cycle, Avnet Memec (NYSE: AVT ) and Macronix International, a leading provider of non-volatile memory semiconductor solutions,�are joining forces to�bring NOR, NAND, and ROM technology to customers across�the continent.
- [By Rich Duprey]
Electronic components distributor�Avent (NYSE: AVT ) announced today�that it is initiating a quarterly dividend program starting with a rate of $0.15 per share.�The board of directors said the quarterly dividend is payable on September 20 to holders of record at the close of business on September 10.�
Top 10 Sliver Companies To Own For 2014: Southwestern Energy Company(SWN)
Southwestern Energy Company, an independent energy company, engages in the exploration, development, and production of natural gas and crude oil in the United States. The company operates through two segments, Exploration and Production, and Midstream Services. The Exploration and Production segment involves in the development of an unconventional gas reservoir located on the Arkansas side of the Arkoma Basin, as well as exploration and production activities in Texas, Pennsylvania, and Oklahoma. This segment also conducts conventional drilling programs in the Arkoma Basin; and development drilling and exploration programs in the Oklahoma portion of the Arkoma Basin, as well as in Texas and Pennsylvania. In addition, it operates drilling rigs in the Fayetteville Shale play, as well as in other operating areas; and explores for natural gas and crude oil under 32 licenses in New Brunswick, Canada. The Midstream Services segment engages in gathering, marketing, and transportin g natural gas in Arkansas, Texas, and Pennsylvania. As of December 31, 2010, the company?s estimated proved natural gas and oil reserves were approximately 4,937 billion cubic feet of natural gas equivalent. Southwestern Energy Company was founded in 1929 and is based in Houston, Texas.
Advisors' Opinion:- [By Jake L'Ecuyer]
Southwestern Energy Co (NYSE: SWN) was also up, gaining 4.41 percent to $38.86 after the company reported Q3 financial and operating results. Stifel Nicolaus upgraded the stock from Hold to Buy.
- [By Jonas Elmerraji]
The sole exploration and production play on hedge funds' most-hated list this quarter is Southwestern Energy Co. (SWN), a $14 billion name with oil and gas projects spread across the U.S. and Canada, and natural gas shale wells in Fayetteville and Marcellus here in the U.S. SWN's proved reserves of 7 trillion cubic feet equivalent of gas.
Southwestern Energy is primarily a gas producer, a fact that gives it unique exposure. With natgas priced scraping along lows for years, and the largest integrated supermajors making big bets on gas price increases, SWN's positioning gives it the ability to generate transformational gains if natgas markets turn for the better. The firm's huge proved reserves mean that it has time to wait out the gas market before it ramps up production to collect higher market prices.
Despite the immediate challenges of the natgas market, SWN's extremely low cost of pulling gas out of the ground makes it attractive today. The firm typically collects net margins above 20% for its trouble, putting its profitability on par with E&Ps whose production skews towards oil. And with shares finally catching a big bid last week, SWN could be about to seen an end to selling in August.
All told, funds sold off 8.13 million shares of Southwestern Energy Co. last quarter.
- [By Matt DiLallo]
Southwestern Energy (NYSE: SWN )
If you didn't look close enough, you might miss the fact that Southwestern Energy's business isn't as bad as the numbers made it look last year. The company wrote down $2.97 billion in proved oil and gas properties due to the low price of natural gas. That caused the company to report losses per share of $14.24. However, when you strip those and other charges out, the company actually produced operating cash flow of $713 million and earnings of $2.15 per share. It goes to show you, when investing in oil and gas companies you need to look past the headline numbers before passing judgment on a company because these reserves could be added back on the books if gas prices spike. � - [By John Divine]
Lastly, Southwestern Energy (NYSE: SWN ) , which produces and explores for oil and natural gas in the U.S., slumped 3% today. A decline of some kind was appropriate, considering that the oil and gas sector was the worst-performing sector of the index today. The 3% slip becomes even easier to understand upon noting falling natural gas prices, an unfavorable trend for natural gas explorers like Southwestern.�
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