Who said we are in a recession? Bernake said it.
Regardless Wall Street is earning more (estimated) in 2009, than it did in 2005, when things were hot. Oh, those were the times.
Goldman Sachs Group Inc. is on track to pay out as much as $20 billion this year, or about $700,000 per employee. That would be nearly double the firm’s $363,000 average last year, and slightly higher than the $661,000 for the average Goldman employee in fiscal 2007, according to analyst estimates reviewed by The Wall Street Journal. - WSJ
Morgan …

Options are financial contracts that were originally designed to hedge some type of risk. Today Options are highly risky, speculative investments done between two parties a buyer and a seller.

Trading Options

Options are financial derivatives, being derived of a underlying asset, whether a  Stock, Commodity, or other asset. There is an agreement upon the price of the underlying asset, the maturity (time it takes place), and the premium (cost of the option). In a Call Option the buyer of the option as the ‘option’ to call upon the contract to …