Roy Williamson, Author at Wam Times

Understanding the straddle and strangle strategies in the UK

by Roy Williamson on December 15, 2022

Straddle and strangle trading strategies are two popular options trading strategies used by traders in the UK. These strategies require the purchase of both a call option and a put option that have the same price, but the expiration dates must be different. This approach allows traders to take advantage of market volatility while limiting their risk exposure to any direction.

Profit from market volatility

One advantage of using a straddle strategy is that it allows you to make good use of market volatility regardless of whether prices move up or down. For example, let’s say that you buy 100 shares of a stock for $100 each and sell one call option expiring in 6 months at $110 per share and one put option expiring in 6 months at $90 per share.

If the stock moves to $120 and then down to $80 by the expiration date, your call and put options will increase in value. This increase in value means that you stand to do well regardless of whether prices move higher or lower.

Limit your risk

Another advantage of using a straddle strategy is that it helps limit your downside risk. Even if the underlying stock price falls dramatically, only your put option will lose its entire value, while your call option may still be worth something when it expires.

In contrast, if you bought shares outright instead of using a straddle strategy, you could lose all of your investment if prices fall below the strike price of $100 per share.

What are the drawbacks of using these strategies?

There are some drawbacks associated with using a straddle strategy in UK markets. For one, costs can add up quickly when purchasing a call and a put option on the exact same underlying asset.

Additionally, these strategies rely heavily on market volatility to do well, so they may not be ideal if prices stay stagnant or move within a narrow range for an extended period.

Why novice traders should use a reputable online broker before attempting these strategies

Novice traders should use a reputable online broker before attempting these strategies because they offer a wide range of trading resources that can help you learn about options trading and how these strategies work.

Online brokers such as Saxo Markets also offer a wide range of trading resources that can help you learn about options trading and how these strategies work. For example, many online brokers have tutorials on their websites explaining the basics of options trading and detailed information on specific types of options trades, such as straddles and strangles.

Additionally, most online brokers have experienced customer service representatives who can help answer any questions about using these strategies. If you are still determining whether a particular strategy is right for you, customer service representatives can provide guidance based on your financial situation and investment goals.

Other strategies used by UK traders

There are many other options trading strategies used by traders in the UK, including spreads, butterflies, and iron condors. These strategies involve buying multiple options contracts with varying expiration dates and strike prices to profit from price movements in a particular direction.

Technical and fundamental analysis are also widely used by traders in the UK when making decisions about which options trades to place. Technical analysis relies on charts and other tools to identify patterns in market price movements. In contrast, fundamental analysis involves analysing a company’s financial information and market-level data to predict future price movements.

Whether you prefer technical or fundamental analysis or are looking for a simple strategy that you can use regardless of market conditions, there is likely an option that will work for you. You can use these strategies confidently with the proper guidance from a reputable online broker.

The final word

If you’re interested in learning more about straddle and strangle strategies in UK markets, many online resources can help you set up your trades. By understanding how these strategies work and researching current market conditions, you’ll be able to make well-informed trading decisions that could potentially lead you to find good trading opportunities.

Business

Types of Accounting Services That Can Be Outsourced

by Roy Williamson on October 11, 2022

As a business owner, you can benefit greatly by outsourcing account-related tasks and Tax services in Aventura, FL. It helps achieve efficient results for your business without handling them alone. Sometimes, outsourcing all the tasks of accounting is not feasible. Therefore, such companies outsource only some tasks to the professional service provider. However, many business owners are unaware of the tasks that can be outsourced to alleviate their stress and burden.

Here are some integral tasks that can help achieve business efficiency through outsourcing.

Bookkeeping tasks

Bookkeeping refers to maintaining daily records of all the financial transactions in the business daily. Bookkeeping is prone to errors, and the risk is greater if the bookkeeper is not a professional. The mistakes cause significant damage to the accounting of the business. Therefore, hiring an expert to handle the company’s books is crucial.

Accounting reports

Preparing accounting reports is highly beneficial for the business. Outsourcing the task of report preparation has to receive reports that are good in quality and helps the management in understanding the financial conditions of the business. A report helps in the awareness of all the aspects of a business so that the higher authorities of the company can make better decisions for growth and development.

Analyzing the finances and preparation of Plans

Business owners can outsource the task of analyzing their company’s finances and financial planning to professional service providers. Their analysis helps in taking better steps to achieve the company’s financial goals and ensure its stability.

Tax Accounting

The process of filing taxes and making the required payments of income taxes can be confusing and frustrating for business owners. This is especially difficult for small businesses as they handle most of the tasks on their own. They can get a lot of advantages by outsourcing the management of taxes to a professional service. They can get information regarding tax laws and eliminate the stress of timely tax payments. If your taxes are paid on time, you can avoid the payment of late charges, etc.

Cost Accounting

Making records and analysis of all the costs related to the business is known as cost accounting. By outsourcing this task to an external agency, you can get proper reports that can be utilized in making sound decisions about the company‘s finances as well as the preparation of budgets. Achievement of all the financial aims can be fulfilled with this as it helps in profit maximization and cost reduction.

Law

Pros of Professional Pest Control Services

by Roy Williamson on September 26, 2022

Pests can be a constant pain that have a tendency to stay and make a misery of your life. Filth, diseases, and wrecking the furniture are what accompany them. If you have not paid notice on the first appearance of a pest in your house, then the probability is that your house has become their house, and they are living a comfortable life at your expense. For immediate assistance, call Stride Pest Control.

You might take the pleasure of doing it alone, but precautionary warning, it is not only the pest you will be dealing with, but you also have to make your house free from the eggs, or they will reappear in a matter of time.

The pros of professional pest control services are listed below:

Efficiency

The professionals are well trained, and they know how to do the task with a pro-efficiency. They are well aware of the place the pests might take refuge, and they will aim at those places first. There are different chemicals that are reactive to different kinds of pests. They know the methodology and will act accordingly, making sure not a single one escapes. As spoken of the eggs, they will destroy the pest homes within your home and ensure that the eggs are also destroyed.

Risk factor

Often there are cases where a DIY pesticide might not harm you as an adult but harm your kids, pets, and plants. The professional pest control service providers will suggest you keep your children, pets, and plants out of the premises while they perform the operation. They will wipe and clean the places where the pesticides were sprayed, ensuring the safety of your household.

Avoid Damages

Pests are found in furniture too. Without knowledge of how to make the furniture, especially the wooden ones and the mattresses free from pests, you will have termites and bed bugs living for a longer period. The professionals are well trained, and they will treat your mattresses and furniture so that they are free from pests, maintaining the safety of the things.

Conclusion

It is very important to run pest control once or twice every year. The pests carry disease-causing bacterias that can make a sensitive person sick. Allergies, skin rashes, food poisoning, respiratory problems, etc., are some of the common problems that come with pests.

Law

How To Reduce Dental Patient Cancellations

by Roy Williamson on September 24, 2022

Running a dental practice takes work. Being the owner, you have to look after several things like employment, marketing, legal matter, patients, etc.

It can be very disappointing when you invest so much of your time into your practice, and the patients keep canceling appointments or do not show up. Even though you might think it is not much you can do, there are some practical ways to reduce patient collection at your dental practice.

Most people think an attorney is only required in legal matters and issues. However a

Glendale Dental Attorney can also help you improve your dental practice by implementing a few proficient ways and steps.

Ways to reduce dental patient cancellations

Establish a strong connection with your patients

Building a solid foundation with your patients will help you get positive feedback and avoid any last-minute cancellations. A welcoming environment at your dental facility is essential for ensuring that new patients feel comfortable and that the old patients keep coming back to you for all their dental issues.

Ensure that your patients feel welcomed and valued by you, which will result in rare cancellations. Even if they cancel, they are mainly likely to reschedule their appointment at your dental facility. There are several ways you can make your patients feel valued, like having a nice and polished waiting area where they can sit and even read or watch something if there are too many appointments.

Making your patients feel welcomed means providing them with a space where they can sit and wait comfortably, even for a long time.

Use appointment reminder systems.

An automated appointment system will help your patients remember their meetings with you. Sometimes a patient might need to remember they had booked a session or follow-up appointment at your dental practice and might not show up. So reminding them every once in a while about their scheduled appointment will ensure they stay calm.

Moreover, you can use multiple sources of reminder systems to ensure the message reaches the patient. For example, if you send email reminders, they might miss them, so you can send the same reminder on text as well, so it reaches them timely.

Remind the patient that their treatment is urgent

Often patients do not understand the seriousness of their disease order health problems. This is why they keep canceling the appointment or not showing up. However, a great reminder that their condition needs to be treated as soon as possible can help you tremendously reduce last-minute patient cancellations at your dental practice.

Health

What Are The Most Common Vascular Conditions?

by Roy Williamson on September 16, 2022

When most people think of vascular conditions, they think of heart disease. But several other conditions can affect the blood vessels, including varicose veins, aneurysms, and arteriosclerosis. Each of these conditions can lead to serious health problems if left untreated. If you are experiencing any symptoms of a vascular problem, make sure you talk to a Prime Heart and Vascular specialist. They can recommend the ideal treatment to help you avoid more severe health problems down the road. This article looks at some of the most common vascular conditions.

Varicose Veins

Varicose veins are enlarged, twisted veins most commonly found in the legs and feet. They occur when the valves in the veins that are responsible for blood flow become weak or damaged. This can cause blood to pool in the vein and enlarge it.

Varicose veins can be painful and lead to other problems, such as skin ulcers. Treatment options include lifestyle changes, such as wearing compression stockings and minimally invasive procedures to close off the affected veins.

Aneurysms

An aneurysm is a bulge in the wall of a blood vessel. It can occur in any blood vessel in the body but is most common in the aorta, the main artery that carries blood from the heart to the rest of the body.

Aneurysms can be dangerous because they may rupture and cause internal bleeding. Treatment options include surgery to repair the aneurysm or medication to help reduce the risk of it rupturing.

Arteriosclerosis

Arteriosclerosis is a condition in which the arteries become thick and stiff. This can reduce or block blood flow to the organs and tissues that the arteries supply. Patients suffering from arteriosclerosis often develop symptoms such as chest pain, shortness of breath, and leg pain.

Arteriosclerosis can lead to several serious health problems, such as heart attack, stroke, and kidney failure. Treatment options include lifestyle changes, such as exercise and a healthy diet, and medications to help reduce the risk of heart attack and stroke.

Peripheral Artery Disease

Peripheral artery disease (PAD) is a condition in which the arteries that supply blood to the legs and feet become narrow or blocked. This can cause ulcers, gangrene, pain, and cramping in the legs and feet. You may also experience a decrease in the strength and sensation in your legs and feet.

Treatment options for PAD include lifestyle changes, such as quitting smoking and exercising, and medications to help improve blood flow. In some cases, surgery may be necessary to bypass the blocked arteries.

Carotid Artery Disease

Carotid artery disease is when the arteries that supply blood to the head and neck become narrow or blocked. This can lead to stroke. Usually, it may cause shortness of breath, chest pain, and numbness or weakness on one side of the body.

Your doctor may recommend lifestyle changes, such as quitting smoking and exercising, and medications to help improve blood flow. In some cases, surgery may be necessary to remove the blockage in the artery.

In summary, several different vascular conditions can affect the blood vessels in the body. If you are experiencing any symptoms, see your doctor for evaluation. They can recommend the ideal treatment to help you avoid more severe health problems down the road.

Business

Business Valuation Methods You Should be Aware Of!

by Roy Williamson on September 8, 2022

Business valuation is crucial to determine the worth of your business. Professionals use various approaches for business evaluations. To choose the best method for your business, it is essential to seek the help of a business valuation consultant. Some of the commonly used approaches for evaluating the worth of your business are as follows:

Market Value Valuation Method

It is the most subjective method for calculating the worth of a business establishment. This approach uses the comparison with similar companies to determine the value.

This concept is suitable for businesses with access to market information about their competitors. It is difficult for sole proprietorship businesses as the availability of comparative data of similar establishments is rare.

Asset-Based Valuation Method

This valuation method determines your business’s worth by calculating the total net asset value without adding the liabilities.

ROI-Based Valuation Method

This valuation approach calculates the value of your business based on your company’s profit and the type of return on investment (ROI) to be gained by a potential investor after considering your business.

Discounted Cash Flow (DCF) Valuation Method

The discounted cash flow valuation approach is also known as the income method. It calculates the worth of a business based on its potential cash flow after adjusting its current value. It is suitable for businesses with inconsistent profits. This method is detail-oriented and must be done with utmost care to achieve accurate outcomes.

Capitalization of Earnings Valuation Method

This approach calculates the potential of a business based on its cash flow, annual investment return, and expected worth.

It is suitable for businesses with consistent profit. It follows that a business’s ability to produce profit depends on its current worth.

Multiples of Earnings Valuation Method

This method is similar to the capitalization of earnings valuation approach. It also calculates the worth of a business based on its ability to generate profit in the future. It is also referred to as the time revenue method. The method is generally preferred for small businesses. It decides a business’s highest potential by assigning a multiplier to its present revenue.

Book Value Valuation Method

The book value method generates the worth of your business at a given point in time by assessing the company’s balance sheet.

The value of the company’s equity (difference of asset and liability) is calculated by the balance sheet, which is the worth of your company. This is suitable for those businesses that generate less profit but hold significant assets.

Business

All You Need To Know About Amazon Account Suspension And Appeal

by Roy Williamson on July 21, 2022

But it’s not all good news for third-party vendors, as Amazon suspends more accounts. How to safeguard your Amazon seller account and reinstate it, including your action plan. The Amazon suspended account can be frustrating and risky for many merchants’ income and reputation. In case of a suspension still, you reactivate your seller account.

Why Does The Amazon Account Get Suspended?

Sellers who have had their accounts stopped are frequently irritated that they can’t call in and speak with someone about the problem. When a seller faces the amazon suspended charge, they’re essentially losing money every minute! Sellers’ reinstatement can take weeks or months in some cases.

There are three reasons why Amazon sellers no longer have the ability to sell on the site:

Your ranking on Amazon has dropped due to Amazon detecting a decline in your performance. They hope to run a competitive market where excellent customer service is highly valued.
As a result of your actions, Amazon has taken legal action against you. Keep in mind that you are in Amazon’s house, and you must follow their guidelines.
Selling a limitededition item.

How To Appeal For An Amazon Suspension Account?

A comprehensive analysis of your account should reveal any ASINs (Amazon Standard Identification Number) that have received prior policy warnings if Amazon still suspends your account despite your best efforts.

Amazon’s policies and agreements website and your Seller Central performance metrics might help you discover which rules you broke in the suspension notification. Please open a ticket with Support if you have questions about your suspension and can still do so.

Indicate The Reason(S) For The Amazon Suspension Appeal.

Do apologize to the customer and take responsibility for your actions.
Don’t forget to tell Amazon how much you appreciate the opportunity to sell on their platform.
Don’t be critical of Amazon’s quality control procedures.
To improve your chances of winning an appeal, you should thoroughly research and document your internal account findings.

It would help if you made this a significant component of your pitch. Ensure you don’t delay your Amazon suspension appeal if the investigators ask for additional information.To prevent this from happening again, your Action Plan must include remedies to the problems customers have had with the reliability of your items.

You may want to mention that you’re moving to FBA to solve a shipping issue if you’re a merchant who has been suspended.Click the Performance Notification area in Seller Central and select the “Appeal” button when you’re prepared to share your appeal. Then, submit your Plan of Action for the Amazon suspension appeal.

Conclusion

Benefit from the past and put precautions to ensure that the Amazon suspended account never becomes a roadblock for you. It can be reinstated after submitting an acceptable plan of action to address the reason for the Amazon suspension appeal.

You will be able to continue offering on the Amazon marketplace and generate pleasant experiences for your customers if you uphold the high standards that Amazon has set and play by the rules. This will benefit everyone.

Business

What Are The Benefits Of Hiring An Ecommerce Virtual Assistant?

by Roy Williamson on July 18, 2022

The first step is to find someone who exactly fits the definition of a virtual e-commerce assistant. It would help if you handled logistics, order administration and processing, stocks, order monitoring, and many other things to run an e-commerce firm smoothly. Ecommerce virtual assistant take care of these responsibilities on your behalf. They handle your company’s operations as independent contractors so that you may focus your valuable time on its essential tasks.

An expert familiar with your e-commerce firm is required for remote e-commerce assistance. The ideal applicant should also be capable of providing complete e-commerce solutions and highly functioning services.

Every business starts jovial because it takes time to advance through the liminal period. Owners of e-commerce businesses frequently encounter difficult circumstances as their businesses expand. Every significant and little activity falls on their shoulders, from inventory sorting to client engagement. As the clientele and inventory list grow, these chores pile up. Thus, you need skilled VAs who can provide workable solutions quickly. You must therefore check off several boxes and consider essential elements pertinent to your company when looking for a virtual e-commerce assistant.

What Does An Assistant In Ecommerce Do?

Many jobs, especially those that don’t directly involve you, can be given to an Amazon virtual assistant. Delegation of tasks is also influenced by the nature of the firm or the entrepreneurs.

Store Design OrDevelopment

A statistic in The Daily Stat from Harvard Business Review states that 36% of conversions occur on business websites. They help in providing the best level of growth and also help in keeping a check on the graphs.

Determine How Adaptable They Are

An expert in e-commerce needs to be able to take in new knowledge. Managing an online shop requires processing a lot of information.

Additionally, a virtual assistant needs to be familiar with SEO fundamentals. Writing product descriptions can benefit significantly from understanding optimisation fundamentals; SEO-friendly descriptions might make your shop stand out in the crowd.

Taking Care Of The Orders

Order processing is a fundamental part of running an online shop. Depending on your company’s needs, it is a routine job that occurs daily, weekly, or monthly. The best way to handle orders, shipments, and invoice releases is with an e-commerce assistant.

Product Research AndSourcing

Trendy merchandise is likely to draw more people to your shop, and a relevant stock is another factor in audience engagement. A virtual e-commerce assistant (VA) helps you with product research and makes product recommendations for your online business. Additionally, they may conduct market research for you by browsing the web and gathering valuable data.

Conclusion

Establishing a sensitive inventory balance without experiencing an excessive surplus or shortfall at any time makes inventory management a crucial responsibility.

These difficulties are common for ecommerce company owners and can result in significant losses. By keeping an eye on your inventory, an e-commerce assistant may aid you in preventing this scenario. In this manner, you may also reduce your storage expenses by not retaining a lot of extra goods.

Home improvement

How To Unblock Drains In Sittingbourne

by Roy Williamson on July 18, 2022

This article is for you if you have a blocked drain in Sittingbourne! With a variety of methods that can be done at home with minimal fuss. We will cover how to unblock drains Sittingbourne using a plunger, hanger, baking soda/vinegar, soapy water, and drain snake. Read on to learn more about these methods and when it’s time to call in the professionals.

Use A Plunger

If you can get a plunger or a drainage company in Sittingbourne, the first thing you should try is using it to unblock drains.

The Technique Is Simple:

Gather your materials (plunger and bucket)
Put the plunger on the end of your pipe.
Push down firmly to create suction and reduce pressure in the pipe. It will help push out any clogs in your pipes and clear them completely!

Clear The Pipe With A Wire Hanger

To clear the drain with a wire hanger, you’ll need:

A wire hanger or other long metal object
Water or liquid dish soap (optional)

Baking Soda And Vinegar

If you have a slow drain, you may be able to unblock Sittingbourne by pouring baking soda down the drain and following up with vinegar. As the two chemicals react, they create a fizzing reaction that loosens clogs inside the pipe. Let this mixture sit for about 10 minutes before flushing it down your sink. If necessary, repeat this process until the blockage clears up completely.

Soapy Water Down The Drain

First, try plunging the drain.
If that doesn’t work, use a wire hanger.
If that doesn’t work, try using a drain snake.
If that doesn’t work and you’re desperate, try using baking soda and vinegar to clear up the blockage.
If none of those things works (and if you’ve had your last resort), you can always give soapy water down the drain a go!

Use A Drain Snake

Use a drain snake in the pipe. A drain snake is a long flexible metal rod with a handle at one end that’s inserted into the blocked drain opening and pushed through it to remove obstructions. It can clear any pipe blockage, including hair, roots, food scraps, grease and debris.

It Is Easy To Unblock Drains Sittingbourne.

It is easy to unblock drains Sittingbourne. You first need to lay down a plastic sheet and ensure it covers the whole floor, including under the bath and sink. It will help you avoid getting any of the water on your bed, which could cause stains or damage to your property.

Next, put on some waterproof gloves. You can pick these up cheaply at most supermarkets or hardware stores in Sittingbourne. Then get a plunger from the bathroom cupboard with an expandable cup at one end and a handle on top for pushing air into it; this should be located under or beside the toilet or sink where you are trying to unblock Sittingbourne.

Conclusion

Now that you know how to unblock drains Sittingbourne, you can save money on plumbing services without worrying about any significant issues. It is a great skill to add to your arsenal because there are instances when plumbers aren’t available or don’t offer same-day service. When those times occur, make sure you have some of these tips handy, so they can help get rid of a clog in your drain. Or, as a second safe thought, you can hire a drainage company in Sittingbourne.

Home improvement

Why Is It Necessary To Look For A Professional For A Drain Survey?

by Roy Williamson on July 18, 2022

Have you noticed a slower emptying in your sink? Your pipes are making odd noises. Have a bad smell come from your taps? Even if you haven’t seen anything wrong with your drains, doing a drain inspection can be an excellent preventative action, and it will save you from later dealing with a costly and time-consuming problem.

What Is The Exact Meaning Of Drain Survey?

You can enjoy hiring professionals for the Sutton drain survey for several reasons. Whatever the issue, the procedure is the same. It entails a highly skilled expert using the most recent camera equipment to inspect the interior of your pipes and find any blockages or locations that might cause problems. The engineer will be able to determine the best way to address the problem and get your drain operating as it was intended to using this information.

Why Is A Drain Survey Necessary?

One of the most critical components of your home is the drains, which, if neglected, may result in serious problems that are both expensive and disruptive. Examining your gutters may spot minor faults that can develop into more significant concerns. A Sutton drain survey might pinpoint several different issue locations, such as:

Blockages caused by abandoned materials Broken or collapsed piping prevents waste passage.
Possibility of fat and grease accumulation.
Rust or general wear and tear indicators.
Shoddy installation techniques that need to be fixed.
The harm caused by a pest infestation.

When Is A Drain Survey In Sutton Necessary?

You would want a complete drain study for various reasons, and it can benefit property owners in multiple ways. However, a few of the most frequent justifications for a drain survey in Wirral are as follows:

· Relocating To A New House

A London drain survey is frequently a good idea if you’re moving into a new house to ensure you’re aware of the drainage system’s condition and potential issues. Additionally, it will assist you in locating any possible problems, like contaminants or poor flow rates.

· Preventive Actions

The need for a London drain survey is not limited to newly purchased homes. It is a good idea to obtain a study if you have owned your home for a while and haven’t had one recently. You can catch any possible problems early before they become expensive and time-consuming.

· Putting Problems Right

If you have experienced drain problems, a survey will guarantee that the engineer will be able to pinpoint the precise issue, enabling them to fix your drains and restore your house to normal promptly.

Conclusion

Your expert will pack up the tools and provide a thorough report for you after inspecting the whole drainage system. This complete drain audit will let you know the present condition of your drains, any difficulties you might be having, and any potential trouble spots that might arise if left unattended. They can assure you that they can design a custom solution for you to fix your drains and get them operating effectively using this information.