US stocks make slight gains during shortened trading, despite political unrest in Egypt

US stocks made slight gains during a shortened trading day, with the New York Stock Exchange closing at 1 PM Eastern Time due to the US national holiday for 4th July. The Dow Jones Industrial Average advanced by 56.14 points, or 0.4 percent, closing at 14,988.55 during an...

Options Premiums Explained

An option is the right but not the obligation to purchase or sell an asset at a specific price, on or before a certain data.  Options trade at a price called a premium which is the amount a buyer pays a seller for the right to exercise an option.  The premium of an option changes...