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‹Better GutenbergThe Theory of Stock Exchange SpeculationH. W. Rosenbaum, 60 Exchange Place, New York, Broker and Dealer in… · 18 of 18Contents›

The Theory of Stock Exchange Speculation

by Arthur Crump

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H. W. Rosenbaum, 60 Exchange Place, New York, Broker and Dealer in Options on Bonds and Stocks

Besides the usual Options (Puts, Calls and Spreads) with prices fixed at a certain distance from the market price of the Stocks or Bonds, I devote especial attention to the negotiation of Options (Puts, Calls and Straddles), with price fixed at the current market price of the Stocks, etc., which latter class of Options my experience has proven to be the most advantageous and ultimately cheapest.

I will also contract Insurances against loss on purchases or short sales of Stocks or Bonds, made through me, during periods ranging from one week to sixty days, and in quantities of from 100 shares ($10,000 Bonds), upwards.

The Premiums to be paid for such Insurance range from $112.50 per 100 shares upwards, according to length of time and character of security, and cover the whole loss which the speculator may incur on this transaction.

Circulars, Rates and Information furnished on application.

H. W. ROSENBAUM,
60 Exchange Place, New York.

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