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...volatility of the underlying stock. If a stock is more volatile, and therefore more likely to move farther up or down, options are more valuable. For instance, as the market has fallen over the past year, investors have flooded into put options - the right to sell a stock - in order to hedge their portfolio against steep falls in the stock market. Thus, the prices of put options increased, and with them, the VIX. (Read "The Volatility Index: A Primer...

Author: /time Magazine | Title: The Volatility Index Is Falling: A Bullish Sign? | 4/22/2009 | See Source »

...order to make their decisions, students will either need seasoned and knowledgeable advisers or will have to be proactive in seeking information...

Author: By Wendy H. Chang, CRIMSON STAFF WRITER | Title: Gen Ed Versus Core Remains Murky for 2012 | 4/21/2009 | See Source »

...Korea: Defiance and Hope in the World’s Most Repressive Country”—a book that documents his time trafficking North Korean refugees through a 6,000-mile modern-day underground railroad—Kim trained part-time with Tae Kwon Do instructors in order to get a visa to live in China. Meanwhile, he devoted himself to the human rights efforts that would become the subject of his book. “You can be imprisoned in China for simply feeding a North Korean refugee,” Kim said to an audience...

Author: By Huma N. Shah, CONTRIBUTING WRITER | Title: Korean Rights Activist Speaks | 4/21/2009 | See Source »

...Bolivia - and that ties are emerging between the dead men and conservative opposition party members and prominent Santa Cruz businessmen, though so far they won't name anyone. Morales' political opposition has adamantly denied any link to the accused terrorists and says that the government faked the episode in order to execute the men. Rozsa's cousin has been his only family member to step forward in his defense, and has denied his dead relative's involvement in such a plot; but he has not offered an explanation as to what exactly Rozsa was doing in Bolivia recently. (Check...

Author: /time Magazine | Title: Bolivia: The Bizarre Life and Death of a Failed Assassin | 4/21/2009 | See Source »

...underwater makes them difficult to detect. Many of them are housed at a huge, new Naval base on the tropical island of Hainan, the "Hawaii" of China. Just last week, Admiral Wu Shengli, China's top naval officer, said his country needed to acquire more high tech weaponry in "order to boost the ability to fight in regional sea wars." Toward that end, many military analysts believe, China will soon build its first aircraft carrier group, evidence of China's intention to field a globe straddling blue water navy. (Check out a story about the coming naval rivalry between China...

Author: /time Magazine | Title: The Chinese Navy: How Big a Threat to the U.S.? | 4/21/2009 | See Source »

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