Did you know?!

I'm studying finacnial economics, so I am going to write one of the things I am studying about.

The change in the value of the call (N(d1)) and the change in the value of the put (N(d1)-1) partially offset each other because the call increases in value with the price of the underlying stock (ie it is more likely to payoff) and the put decreases in value (it is less likely to payoff)

Neat stuff huh?

Also, if you only goal was to hedge a long position in the DJIA, would you ever do that by going short both calls and puts as opposed to just shorting calls? You wouldnt because eaach unit of the portfolio costs more and you have to buy more of them in order to hedge your position.

pretty neat stuff huh?

Yeah, I'm in the class, and I still have no idea what it means,. I feel bad because I am being tested on this stuff tomorrow, andI could really care less about it. I know it is great information to know, but in all honesty, I want to own a plumbing company with my brother and build that. I want to have that lifestyle. I will hire someone who knows all this stuff to handle my money and make I am investing safe. So in that sense, I guess I really do not care that I am about to bomb one of my last important classes for my major. I should be trying a bit harder, I guess, but I really just do not want to know this stuff during my life, so I haven't apid attention all year. I don't see my last ditch study effort helping at all.....

I'm Stressed, but so are you

So school is getting harder and harder, and closer and cloaer to being over, so stress levels are high. On the other hand, my wife has been looking at ou bankaccount a lot more lately. She has been sick a lot lately and not being able to make it to work as much as we would both like, and me being super busy with school, I havent been able to make it to work as much as we both would like. But this friday, I decdied to fall a little behind in school to go to work all ay and lift her burden just a little bit, It is certainly not the biggesting thing on earth, but I feel like this life is made up of small gestures that make up a bigger whole.

That is really all I have to say about that, so I guess to write a bit more I will talk about how much I hate the BCS. I hate it a lot. College football has so much potential to be such a better thing, and this small group ruins it. It drives me nit because everyone complains about it every year, but no body does anything about it.

Does anyone even read these? Shayne, do you read these blogs? Write me on twitter if yo read these blogs. Rob, text me if you read these. I am just curious. I don't really mind doing them, I am just wondering if these are ecven looked at and read all the way. Or do people just look to see if they are a certain length? Whatever. Either way, its all good. I know people have more important things to do