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Playing the options market can be tricky, but it does offer several advantages to the small investor with limited assets. Like speculators in wheat, corn or gold futures on the commodities exchanges, an investor dealing in options buys a contract (the option) guaranteeing him the right to the purchase of 100 shares of a common stock at an agreed-upon price any time within three, six or nine months. While the Federal Reserve Board requires those who buy stock directly to put up at least 50% of its cost in cash at the time of purchase, the option trader need...

Author: /time Magazine | Title: WALL STREET: Options on the Amex | 1/27/1975 | See Source »

...What does former Sen. Peter Dominick say Ugandans would "just as soon eat" as American wheat...

Author: By Seth M. Kupferberg and Tom Lee, S | Title: The Guess-What's-Just-Around-the-Corner Quiz | 1/22/1975 | See Source »

Pressure for economic improvement is mounting; left-wing Cairo university students demonstrated again last week for better conditions, and some workers joined them. Sadat has ordered extra supplies of wheat, meat and cotton cloth to be distributed, but even that is not enough. "The real problem," one leftist intellectual Cairene told TIME Correspondent Wilton Wynn last week, "is the deterioration of the economy. These troubles are not plots masterminded by some Marxist. The real generalissimo is hunger." That is one generalissimo who could be defeated by a Middle East peace-but who would surely win if the area returned...

Author: /time Magazine | Title: MIDDLE EAST: Visits, and Voices of Hope | 1/20/1975 | See Source »

...Jericho and an examination of agriculture as the basis for civilization. This is one of those undramatic notions whose miraculous qualities have faded with familiarity. Bronowski restores the vital and mysterious dimension with a simple tactic. He precedes his superb little essay on the domestication of wheat and animals in Jericho with a study of the Bakhtiari nomads of Iran, whose endless search for pasturage precludes the development of any culture worthy of the name. He then focuses on other nomads who domesticated only one animal - the horse - and turned it into the basis of a new and terrible...

Author: /time Magazine | Title: Show Business: Viewpoints | 1/13/1975 | See Source »

...Gallic understatement. On Homer's blood-drenched plains of Troy, spears cleave through a man's tongue and shatter his teeth or pierce an eye socket. Swords sever heads. Armies mow down opposing ranks like "a line of reapers formed, who cut a swath/ in barley or wheat." Death spreads across the pages like a pool of ink-"numbing darkness," "unending night." Awesome griefs are recorded. Hair gets torn, ashes smeared. But when a mourning fast is proposed, the answer is: "So many die, so often, every day,/ when would soldiers come to an end of fasting...

Author: /time Magazine | Title: Books: War and Peace | 12/23/1974 | See Source »

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