November 16th Options Now Available For Bank Of New York Mellon (bk)

New York falls in love with Texas feasts at Mighty Quinn’s, brisket drippings and all

Taking New York by storm: Hugh Mangum of Mighty Quinn.

By 2012, 21.2% were living below the poverty line, defined as total annual income of $23,283 for a family of four. When the surrounding suburbs are included, 14.8% live below the poverty line. But there also is good news in the new numbers. More New Yorkers have health insurance, an increase largely explained by more baby boomers becoming eligible for Medicare. In the metro area, 12.8% lacked insurance last year, a drop from 13.2% in 2011. Other data is very eclectic. For example, there were 4,275 females between the ages of 15 and 19 in the five boroughs who gave birth last year. Of those, 91% were unmarried. There were 972,920 people employed in education, health care and social services in the city and just 5,320 employed in agriculture, forestry, fishing and hunting. The median household income in the entire metro area was $63,982 in 2012, nearly the same as 2011. Median household income in the U.S. was $53,607. In 2012, the median value for an owner-occupied home in the metro area was $400,000, a decline from $410,300 in 2011. Across all metro areas, that figure was $188,300. The median gross rent (rent plus utilities) was $1,209.

Annual American Community Survey shows New York City has the largest gap of income inequality in United States

The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 58%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract . Should the contract expire worthless, the premium would represent a 3.00% return on the cash commitment, or 20.26% annualized at Stock Options Channel we call this the YieldBoost. Click here to find out the Top YieldBoost Puts of the S&P 500 Below is a chart showing the trailing twelve month trading history for Bank of New York Mellon Corp, and highlighting in green where the $30.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $31.00 strike price has a current bid of 74 cents. If an investor was to purchase shares of BK stock at the current price level of $30.48/share, and then sell-to-open that call contract as a covered call, they are committing to sell the stock at $31.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 4.13% if the stock gets called away at the November 16th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if BK shares really soar, which is why looking at the trailing twelve month trading history for Bank of New York Mellon Corp, as well as studying the business fundamentals becomes important. Below is a chart showing BKs trailing twelve month trading history, with the $31.00 strike highlighted in red: Considering the fact that the $31.00 strike represents an approximate 2% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 57%. On our website under the contract detail page for this contract , Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 2.43% boost of extra return to the investor, or 16.40% annualized, which we refer to as the YieldBoost.

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But barbecue lovers are glad that Houston pit master Hugh Mangum decided to conquer New York. Magnum opened Mighty Quinn’s on Second Avenue in the East Village in December 2012 and runs a BBQ kiosk Smorgasburg at two outdoor Brooklyn markets. Of all the smokehouse joints in New York, Mighty Quinn’s was voted Best BBQ restaurant in the city by Time Out New York. Itas opening a second eatery in the Financial District early next year, and the odds are strong it can keep expanding. At Mighty Quinn’s, lines start forming at 6 p.m. and by 7 p.m. finding one of the 55 seats in the entire eatery can be difficult. The Time Out New York critic gushed about Mighty Quinn’s. aThe thick campfire bark of the pulled pork elevates it from the usual saucy porcine slop youare used to, and the Jurassic-sized beef rib is so impossibly melt-in-your-mouth tender, one bite will quiet even the pickiest of BBQ hard-liners,a wrote the critic. She pinpointed the BBQ as aTexas spice meets Carolina vinegar.a One Yelp reader noted that at Mighty Quinn’s, aThey donat waste any of the food. They poured the drippings from the brisket into the baked beans.