Growing up I remember arguing with my parents, telling them their economic reference points were stuck in the 1950s. They would tell me about times when a loaf of bread cost a nickel, the movies cost a dime, etc.
Any son hates to admit that they might be acting like their parents, but lately I have caught myself using economic reference points that are getting a bit dated. I still think all hotel rooms should cost less than $80, I should be able to take my family of four to the movies for less than $20, and $30,000 should buy the biggest, nicest truck on the market.
To recalibrate my economic reference points, I started doing some math. A few months ago, Miranda wrote about a calculator that Jim McGrann, emeritus ranch management economist at Texas A&M, developed to help determine what you could pay for a bull.
Troy Anderson, managing a Nebraska ranch, focuses on breeding thriving maternal cows that will grade premium Choice and Prime, while respecting livestock, people and land. Anderson Cattle receives the 2023 CAB Commitment to Excellence Award. Their journey includes improving genetics, feeding home-raised and purchased calves and using data for better breeding decisions, all with a bottom-line approach.
The question that has been asked forever, or at least as long as we have been breeding cattle with a notion of trying to make the next generation better. It is a classic and timeless question. It is an important question. At this time of year, when many bulls are being marketed and we are planning ahead for spring breeding season, it is the question that is asked a lot! Perhaps it is all the above because it is so challenging to answer.
If the stock price is halfway between the strike prices, then time erosion has little effect on the price of a bull call spread because both the long call option and the short call option decay at approximately the same rate.
A bull put spread is a different bull spread, where the trader sells one put option and buys another. The short put has a higher strike than the long put, whereas, in the bull call spread, the short call has a lower strike, and the long call has a higher strike. They are used for different bullish outlooks, so neither is better than the other.
A trader can sell the spread to another trader for more than the net premium for a profit if options prices cooperate. Otherwise, time decay can devalue a spread, so some traders close their spreads about 30 days before expiration.
*BullBag now charges only 1 price for the disposal of the contents of your BullBag - with the exception of the masonry type bag listed above. Pay by height and fill lines have been discontinued. 1 price for the bag applies to bags filled any height up to the top of the bag. Bags filled over the top of the bag are subject to an overfilled fee. The masonry type bag listed in the above pricing table can have contents filled 20 inches from the ground. See next bullet point.
*Masonry type bag: Concrete, stone, brick, dirt, sand, tile, roofing, shingles, etc can only be filled to 20 inches from the ground. Should your BullBag be filled over this height, you may be asked to off load it into another bag and you will be responsible for the additional bag content disposal price.
*Important - Waivers: Please also note that waivers are required when driving onto property to obtain a BullBag. If a contractor is doing work at a residence and signs the waiver, as according to the waiver, the resident understands that it is the contractors responsibility should any damage to their property occur. Failure to sign the waiver may result in our inability to service your BullBag or your need to relocate the bag to the curbside. If cancelled due to waiver not being signed, BullBag reserves the right to retain a 'dry run' fee in the amount of $145. Refunds for refusal to sign the waiver will be executed during bill payment cycle occurring at or around the 15th and 30th of each month.
++Fuel Environmental Operations Offset Fee - BullBag has endeavored to never charge any additional fees beyond what the disposal price is and NEVER charges any hidden fees. In this changing economic climate and fuel price increases, just as most other companies have found it necessary, BullBag has found it necessary to implement a fuel environmental offset fee. This charge is subject to change weekly based on the published fuel prices regionally. A scaled surcharge will be applied to each disposal - a single fee per location per stop regardless of quantity of bags unless otherwise discussed or stated in an executed service agreement. If you have any questions as to what is included in this calculation, how it is calculated, please email ser...@thebullbag.com.
*Please note that if you place your BullBag in a location that can not be serviced due to not adhering to bag placement instructions, you may be asked to off load it into another bag. If this is not requested and your bag needs to be slid along the ground service, you will be required to sign a waiver that our team will provide. If our driver must return due to inability to empty your bag, a dry run fee will be charged in the amount of $145. If you fill your bag and it is not able to be safely serviced when the driver is at your location, if possible another bag will be provided for you to offload into and relocated to an area that is safely servicable. If you cancel the service after our trip to your location, you will receive a dry run fee of $145 that will be deducted from your refund.
* If your bag is torn or not re-usable due to wear, while upholding the lifetime warranty, BullBag will replace it with another bag. If the driver has one on the truck, it will be left there for you. If the driver does not, you should let customer service know that your bag was taken, purchase another bag at your local retailer, email or text the receipt and your purchase price will be deducted off your next disposal that you call in. You are responsible for notifying customer service within 3 business days of disposal of your bag contents about the bag replacement issue in order to receive credit on next disposal. We do not have the ability to deliver bags to customers. Contractors: please call your sales rep for assistance or your contractor concierge. Residential: please contact customer service.
**Our GOAL to service is within 2-3 business days. Nassau, Suffolk Counties in New York, ME, VT and NH, service within 5-7 business days. We strive to achieve our service goals, however, cannot guarantee a disposal window due to traffic, weather conditions, or unforeseen circumstances.
Contact customer service for tips on ideal placement, or assistance with special disposal requests. When there is an overfill, blocking obstruction, or placement in an inaccessible location, we will reschedule accordingly. If the BullBag is not emptied due the above, BullBag reserves the right to charge a fee of $145. If it is necessary to make more than 1 trip to the same location, BullBag will charge this dry run fee for additional disposal attempt. If we are unable to service your BullBag due to failure to place the bag at a location safely reachable - for example but not all inclusive, not above a septic field, oil tank, up against/touching a building, too narrow of a driveway (see truck requirements), low hanging trees (we will not damage trees/bushes/shrubs/etc), you will be offered a free bullbag to offload contents to be relocated with instructions from our driver as to best locations to utilize for refill. If you choose to not do this, BullBag reserves the right charge the dry run fee but refund the balance of your disposal fee.If you choose to not do this after having been left a BullBag to offload, you will be charged the dry run fee plus $49 for the BullBag. Summary: Cancellations after a disposal attempt, are subject to the dry run fee and a cancellation fee of up to $145 from the refund amount.
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Hinman said he and his family were pretty confident Cowboy Up would draw bids in the $200,000 range, but they had no expectation that Cowboy Up would draw a final sale price of more than a third of a million dollars.
Before a crowd of about 300 people at the Hinman Ranch Auction Barn, the bids on Cowboy Up ratcheted up beyond the $300,000 mark. When the bidding finally stopped, Cowboy Up went for a record $350,000. It was sold to a collaborative bid between the Wilks Ranch of Texas (owners of the N-Bar Ranch in central Montana) and the Express Ranch of Oklahoma.
At one year, Cowboy Up weighed an impressive 1,609 pounds and had averaged approximately 4.25 pounds of weight gain every day throughout his first year of life. According to the Mississippi State University Extension Service, a good quality bull can be expected to gain 3.5 pounds a day during that same period.
The Direxion Daily Semiconductor Bull and Bear 3X Shares seek daily investment results, before fees and expenses, of 300%, or 300% of the inverse (or opposite), of the performance of the NYSE Semiconductor Index. There is no guarantee the funds will achieve their stated investment objectives.
Investing in a Direxion Shares ETF may be more volatile than investing in broadly diversified funds. The use of leverage by the Fund increases the risk to the Fund. The Direxion Shares ETFs are not suitable for all investors and should be utilized only by sophisticated investors who understand leverage risk and the consequences of seeking daily leveraged investment results and intend to actively monitor and manage their investment.
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