C A calendar spread, also known as a horizontal spread or a time spread, is created by the simultaneous purchase and sale of two options of the same class (i.e., call or put) and strike price, but with different expiration dates. Calendar spreads can be either bullish or bearish, and can be established either for a credit or a debit. The month closest to the time at which the spread was initiated is called the 'front month,' or 'near term' option; the other month is the 'back month' or 'deferred' option. If a trader is long on the deferred option, the calendar spread is considered 'long.'

If the trader is short on the deferred option, the trader is said to be 'short.' The price of a calendar spread reacts to changes in underlying stock price, time until expiration, changes in implied volatility levels in both months, interest rate, and dividend structures. Termination of certain of the rights and interests of the bondholders and of their lien on the pledged revenues or other security in accordance with the terms of the bond contract for an issue of securities.

That way, the cost basis will be calculated on the original value of your TYC purchase as opposed to the new split adjusted value. In my case, I bought about 38% of my shares in 2002 and the other 62% about a month ago. Quicken doesn't currently contain a specific investment transaction for share class conversions, but the corporate acquisition (stock-for-stock) transaction will handle a class conversion and maintain an accurate cost basis for the new share class.

Python tools visual studio 2013. This is sometimes referred to as a “legal defeasance.” Defeasance usually occurs in connection with the refunding of an outstanding issue after provision has been made for future payment of all obligations related to the outstanding bonds, sometimes from funds provided by the issuance of a new series of bonds. In some cases, particularly where the bond contract does not provide a procedure for termination of these rights, interests and lien other than through payment of all outstanding debt in full, funds deposited for future payment of the debt may make the pledged revenues available for other purposes without effecting a legal defeasance.

This is sometimes referred to as an “economic defeasance” or “financial defeasance.” If for some reason the funds deposited in an economic or financial defeasance prove insufficient to make future payment of the outstanding debt, the issuer would continue to be legally obligated to make payment on such debt from the pledged revenues. • 01 Bonds Traded Away It is no longer possible to carry out this transaction in the amount you specified because the offering dealer has already sold some or all of the position to another party. • 02 Market Firm at Stated Level The offering dealer is not changing their price, nor are they taking limit prices at this time. • 03 Minimum Balance Violation The dealer offering the security you are attempting to purchase has stipulated a minimum order quantity. Your order fell below this minimum and thus was rejected.

• 04 Increment Quantity Violation It is not possible to buy this security in the quantity you have requested. Please check that your order size is consistent with the minimum and incremental order size stipulated by the offering dealer, as displayed in the offering table. • 05 Order Quantity Maximum Exceeded It is not possible to buy this security in the quantity you have requested. Please check that your order size has not exceeded the maximum order size stipulated by the offering dealer, as displayed in the offering table. • 06 Order Placed Outside Normal Trading Hours It is not currently possible to complete this order because it falls outside the operational hours of either the offering dealer in particular or the bond market in general.