Alphabet, Inc. (GOOGL, GOOG) stock has been flat for the last 1 to 3 months. That works for investors who short out-of-the-money (OTM) puts or do vertical put credit spreads. They collect income in ...

Oil futures have been rising, but recently hit a peak. ConocoPhillips (COP) reported strong Q2 earnings on Aug. 6, and COP ...

Corporate floating rate notes (FRNs) are often discussed when talking about interest rate risk, but credit conditions also play an important role in shaping returns. While FRN coupons adjust with ...

The credit market has a way of whispering things that equity markets shout about months later. Right now, it's worth listening carefully. The ICE BofA US High Yield Index option-adjusted spread — the ...

Structural models of default are widely used to analyze corporate bond spreads, but have generally been unable to explain why risk premiums are as high as they are. This credit spread puzzle can be ...

For example, XYZ is trading at $37, and we believe it will fall in price. We can implement a bear call spread by selling one in-the-money (ITM) $35 call and buying one out-of-the-money (OTM) $40 call.