Index Zing

I will list the remaining indices in the next post but this does suggest that there is an index for

• the stock market
• shares
• securities
• debentures
• warrants
• notes
• futures
• commodities
• cereal crops
• sorghum
• options
• bonds
• dividends
• currency
• trusts
• funds
• indices

Index finger

Investopedia in block capitals has a better definition of an index than Wikipedia on this occasion since we can look at what we've already learned rather than tackle those still indicipherable trader terms.

"An index is a statistical measure of change in an economy or a securities market. In the case of financial markets, an index is an imaginary portfolio of securities representing a particular market or a portion of it."

Global and Australasian indices

• BBC Global 30
• FTSE/Mondo Visione Exchanges
• MSCI World
• S&P Global 100
• S&P Global 1200
• Russell Global
• The Global Dow
• Dow Jones Global Titans 50
• Dow Jones Global Total Stock Market Index
• FTSE All-World index series

• MSCI EAFE (Europe, Australasia and Far East)

• All Ordinaries
• CSE Composite Index
• S&P/ASX 20
• S&P/ASX 50
• S&P/ASX 100
• S&P/ASX 200
• S&P/ASX 300
• S&P/ASX All Australian 50
• S&P/ASX All Australian 200
• S&P/ASX Midcap 50
• S&P/ASX small ordinaries

These are your Options

In finance, an option is a contract which gives the buyer (the owner or holder of the option) the right, but not the obligation, to buy or sell an underlying asset or instrument at a specified strike price on a specified date, depending on the form of the option.

Don't take Wikipedia's word for it. There are plenty of other options (although they are one of my favourite go-to's)

If these options appear limited in their intense familiarity to all posts of recent, it's worth noting that they are a type of derivative and that a warrant is a type of option.

Vanilla options

• Bond option
• Call
• Put
• Employee stock option
• Fixed income
• FX
• Option styles
• Warrants

Exotic options

• Asian
• Barrier
• Binary
• Chooser
• Cliquet
• Commodore
• Compound
• Forward start
• Interest rate
• Lookback
• Mountain range
• Rainbow
• Swaption

Combinations

• Collar
• Covered call
• Fence
• Iron butterfly
• Iron condor
• Straddle
• Strangle
• Protective put
• Risk reversal

Spreads

• Back
• Bear
• Box
• Bull
• Butterfly
• Calendar
• Diagonal
• Intermarket
• Ratio
• Vertical

Valuation

• Binomial
• Black
• Black-Scholes model
• Finite difference
• Garman-Kohlhagen
• Margrabe's formula
• Put-call parity
• Simulation
• Real options valuation
• Trinomial
• Vanna-Volga pricing

Note for Note

There are notes everywhere. We're always taking notes. There's one note for work and one note for play.
Thus it is that the kind of note we're concerned with is number twelve in the definitions on Merriam-Webster
(a musical sound: TONE is number one.)

Their Law Dictionary definitions below the general definitions happen to suit the scale of notes we're making

• bank note
• cognovit note
• collateral note
• demand note
• floating rate note
• hand note
• non-recourse note
• promissory note
• recourse note 
• renewal note
• tax anticipation note
• time note
• Treasury note

They go on to definition b; a piece of paper money but we looked at that under currencies

Owed to whom that have so much

It is the largest companies that have the greatest debt. That makes one do a double take on the masked Marxist marksman and where they should be pointing

1. General Electric
2. Verizon
3. AT&T
4. Comcast 
5. Actavis
6. Kinder Morgan
7. Apple
8. Wal-Mart
9. Duke Energy
10. Int'l Bus. Machines (IBM)

The haves

Individuals with the most private equity

1. Stephen Schwarzman
2. Leon Black
3. Henry Kravis
4. George Roberts
5. Sam Zell
6. Tom Gores
7. William Conway, jr.
8. Daniel D'Aniello
9. David Rubenstein
10. Joshua Harris

Equity

Equity = Assets - Liabilities


I'm turning more and more to Investopedia as they lay out information in a way I can understand. The accounting equation succintly defines what equity constitutes but they go into a great deal of detail in explaining it out

 It means that if you have that shiny new sportscar then the equity is the amount you've paid back on your loan; the cost of your home minus the mortgage (although see below)

• Shareholders' Equity
• Balance Sheet
• Market Value of Equity
• Negative Equity
• Brand Equity
• Return on Market Value of Equity - ROME
• Accounting Equation
• Liability
• Mortgage Equity Withdrawal - MEW

More than this Warrants

• "Traditional" warrant
• Naked warrant
• Exotic warrant
• Barrier warrant
• Covered warrant
• Hit-warrant
• Turbo warrant
• Snail warrant
• Third party warrants

Warrant for your Armrest

Usually when we think of warrants, it's in relation to the staple fare of movie houses; in westerns and cop shows. I'll try and work out what the ASX is saying about warrants as it appears they too break up into separate components.

The basic jist is that you can either go for short-term high risk high reward trading warrants or the steady, don't startle the horses long term investment warrants. They do have an Understanding Trading and Investment Warrants brochure to download and there's an online course you can complete.

Trading Warrants

• MINIs
• Guaranteed Stop Loss MINIs
• Equity/Index Warrants
• International Equity Warrants
• Equity/Index Knock-Out Warrants (Turbos)

Investment Warrants

• Bonus Certificates
• Upside Participation
• Downside Protection
• Downside Risk
• Instalments
• Rolling Instalments
• Self Funding Instalments
• Stop Loss SFIs
• Instalment MINIs