Whatever their motivations, spin-offs can have a dramatic effect on the performance of the associated corporate bonds, so it is crucial that fixed-income investors conduct the necessary analysis. Nathan N.J. Grant, CFA, has some advice.

If you think about Amazon’s role in smart home devices and technology, there’s one product that instantly springs to mind… Smart speakers. With the enduringly popular Echo family with the ubiquitous digital assistant Alexa onboard, Amazon has already exerted a stranglehold on a key segment of the market.

Time Decay As an option approaches its expiration date, there is less time to realize a profit – or additional profit – before the option expires. As a result, options lose value as they get closer to their expiration dates. This is known as time decay. Time decay can be observed in the price of […]