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Covered Call Trading Vs. Buy-Write Trading Part 1
Ask The Option Scientist
Chris Ebert, author of the popular option trading book "Show Me Your Options!" and frequent contributor of option related articles on zentrader.ca often receives questions from readers. Do you have a question for the Option Scientist? Email questions to firstname.lastname@example.com. Email addresses will not be published.
Question: I am a novice on options and beginning to learn and play covered calls now. It seems to me that when I buy and write a covered call, it is easier than having underlying stock and writing a call later. Can you explain to me more about how to set up a stop loss or initial price target at $ for a potential gain?
Thanks for sharing your precious experience and time to help people like me. –Hungle
Answer: It would be easy to give a simple answer, but that would require skipping over a number of important details. So the answer has been split into two parts: Today, in Part 1 of Covered Call Trading Vs. Buy-Write Trading, the difference between the two strategies is explored. Tomorrow, in Part 2 the similarities will be explained, including stop losses and price targets.
Covered calls can be opened two different ways:
- A call option can be sold when a trader owns at least 100 shares of stock (10 shares if using the new mini options). The process of selling an option technically requires that a contract be written and then offered for sale on an options exchange. However, over the years the process has become automated. Nowadays a contract can be written electronically. Still, the term "write" is often used to describe the selling process. While it is somewhat confusing, selling a call option is also known as writing a call option. When a trader already owns the required number of shares of stock (100 for a standard call option or 10 for a mini call option) selling a call option is known as either selling a Covered Call or writing a Covered Call.
- A call option can be sold at the same time a trader purchases 100 shares of stock (10 shares if using the new mini options). This is also known as selling a Covered Call or writing a Covered Call. But because the process of buying the stock is done at the same time that the call option is sold, many use the term "Buy-Write" to distinguish it from a trade in which the stock is purchased prior to the call option being sold.
Although there is no difference between a covered call that is opened on previously-purchased stock and a covered call that is opened as a buy-write, there can be a major difference in the reason for opening the trade.
Let's start with the covered call on stock that is already owned. Say 100 shares of stock were purchased a few months ago at $40 per share, and the price steadily climbed higher and higher until it got to $50 per share. Recently though, over the past few weeks the price seems to have gotten stuck right around the $50 mark. That's what is known as resistance – traders who are attempting to push the stock price higher have found resistance at $50.
Resistance can sometimes signal a turning point for a stock, and the share price may subsequently fall considerably. Resistance can also mark a pause in trading, almost as if traders have bitten off more than they can chew. In these cases the stock price may move sideways for a time, as the previous gains are digested, followed by a resumption of the uptrend.
For a stock owner who believes the share price has hit "brick wall" resistance, that may represent an opportunity to just get out of the trade entirely – sell the stock and pocket the gains. After all, in an account with limited funds and so many other stocks to choose from, sitting on a stock that has hit a brick wall may not represent the best use of those funds. But a covered call can take advantage of resistance to generate income, thereby making better use of those funds.
Let's say the stock that was purchased at $40 in January is currently trading at $50 in May. While taking the $1000 gain on 100 shares can be tempting, selling a covered call may actually increase that gain. Of course the actual premium collected on a covered call will vary greatly from one stock to another depending on volatility, but in this example let's assume that a call can be sold at the $50 strike price, with June expiration, for a premium of $5 per share. One standard call option controls 100 shares of stock, so the total premium collected would be $500.
There are three possible outcomes:
Now when June rolls along, as long as the stock is still trading at $50 or higher, it will be sold for $50 (the strike price) when the call buyer exercises the option. The $1000 profit remains in place, plus the covered call seller gets to keep the $500 premium. In this scenario, the original profit of $1000 was increased to $1500 simply by selling a covered call.
Unfortunately, the additional profit is not a guarantee. It is quite possible that the stock price could fall after hitting resistance. Assuming the stock price fell to $45 in June, the call option would expire worthless. As always, the covered call seller gets to keep the premium, in this case $500. Although the profit on the stock would have decreased considerably, it could still be sold at a $500 profit, and with the added $500 premium from the covered call, the total profit on the trade would be $1000.
That's no better off than if the stock had just been sold in May, but it does present an additional opportunity. Once the call option has expired worthless, the covered call seller is under no obligation to sell the stock. If the decline in the stock price to $45 in June from its $50 high in May is simply due to the effect of "digestion" of the previous gains, it could be a great time to be a stock owner. Post-digestion rallies can be impressive, and it is possible that the stock could push past its previous $50 resistance level. In this scenario, selling the covered call on previously-owned stock allowed the stockholder to ride out the digestion period without giving back any gains, and keep the stock for a possible post-digestion rally.
It is entirely possible for the stock price to fall far enough to eat up no only the profits from a covered call, but also the unrealized gains on the stock itself. If the stock ends up trading at $35 in June, it is true that the covered call seller would keep the $500 profit when the call expired worthless. However, with the stock trading below the purchase price, selling it would result in a $500 loss. When combined with the $500 gain on the call option, the net trade becomes a total wash.
Which dessert is best? Well…nobody want's crumbs, so throw that one out! Icing on the cake is nice. But it can be argued that having your cake and eating it too is actually preferable. That's because whatever method of fundamental or technical analysis the trader employed in making the decision to sell the covered call, the analysis was correct. The trader has proven to have a good handle on this stock, and that may allow the trader to continue to profit from this stock in the future. On the other hand, as nice as it is to have icing on the cake, it proves that the trader's analysis was flawed. The trader does not have a good handle on this stock, and is less likely to profit on this stock in the future.
Given the possible outcomes, a covered call sold on stock that is already owned is most advantageous when it is observed that the STOCK HAS HIT RESISTANCE and is expected to either trade sideways for a time, or to experience a minor pullback in price followed by a resumption of the uptrend.
While it is possible to use a buy-write trade to earn profits from a stock that is moving sideways or declining in price, it is not an optimal use of the strategy.
For example, if 100 shares of a stock are purchased at $50 and a call option is sold at the $50 strike price for a premium of $5 per share, the trade will result in a profit at expiration as long as the share price does not fall below $45. Assuming the price did fall to $45, that wouldn't necessarily be such a bad thing. The call option would eventually expire worthless and the covered call seller would be left with the stock at a bargain cost basis of $45 – no gain, no loss. But in that scenario it would have been much simpler to avoid the covered call altogether and just buy 100 shares of stock when it fell to the "bargain" price of $45. Since there is no loss, this is a GOOD OUTCOME.
In a case where the stock was trading sideways at $50, the $5 per share premium on the covered call would eventually return a profit of $500. However, profits are the result of time decay eating up the value of the call option. To a covered call seller on a sideways-trading stock, time decay can feel like it is moving at a glacial pace. Earning the entire $500 profit sometimes requires holding the trade open until expiration day; and that amount of holding time can be unpleasantly long when a stock is trading sideways. Since there is a gain, this is a BETTER OUTCOME.
The same covered call opened when the stock was in a strong uptrend will ultimately return the same $500 profit as one that was opened when the stock was moving sideways. But the profit will tend to occur much more quickly in an uptrend. That means it is often possible to get out of the trade early, take the $500 (or most of the $500) and run! Since the gain occurred quickly, this is the BEST OUTCOME.
Given the possible outcomes, a covered call sold at the same time a stock is purchased, known as a "buy-write", is most advantageous when it is expected that the STOCK IS UNLIKELY TO ENCOUNTER RESISTANCE in an uptrend.
Resistance can provide a distinct advantage for a covered call sold against previously-purchased stock, while the absence of resistance provides an advantage for a covered call opened as a buy-write. That's quite a difference!
More on "Covered Call Trading Vs. Buy-Write Trading" tomorrow, in part 2…
Related Options Posts:
Options: Cause For Concern Over Mid-1500s S&P
Zen And The Art Of Covered Call Trading
LSSI Tells When Fear Is Near Before It's Here
The preceding article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.
Posted-In: Options Markets Trading Ideas


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Council Meetings are open to members of the public. They are held on the third Tuesday of the month in the Council Chamber at the Civic Centre (corner of Lyttleton and Lloyd Streets, Castlemaine) and commence at 6.30 pm.
The dates of meetings of Council are advertised in Council's weekly column in the Midland Express and in latest news each Tuesday.
Public Question Time
Council allows 30 minutes at the start of each Council Meeting for members of the public to ask questions of Council. If you wish to bring a petition or joint letter to Council it may be presented during public question time.
Read the Guidelines for Asking Questions during public question time from our Meeting Procedures Local Laws No. 1 of 2008.
Special Meetings of Council
Council may also call special meetings to address specific matters. Notice of special meetings is given seven days in advance online and in the Midland Express.
Special Meetings have been called in 2017 as follows:
- 17 January 2017 at 6.30 pm - to consider two tenders- 21 February 2017 at 5.00pm - to consider adoption of the amended Councillor Code of Conduct- 30 May 2017 at 6.30 pm - to hear from submitters to the draft Council Plan 2017-2012 and proposed 2017/2018 Budget.
Agendas are made available to the public by the close of business on the Thursday preceding the Meeting, both online as separate pdf documents for download and as hard copies from the Civic Centre.
Minutes are available by close of business on the Friday following the Meeting.
Once Minutes are confirmed the Agendas are removed from Council's website, as the full Agenda is available in the Minutes.
Please contact us to obtain a copy of minutes from years prior to 2015.
Deputations are made by community groups to bring to the attention of Councillors strategic matters or issues which align with Council's strategies defined in the Council Plan.
If you would like to make a Deputation to Councillors, please submit your request to Council. Councillors will consider your request for a deputation and you will be advised of the outcome.

subset: commoncrawl


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The people you do your life with shape the life you live
Today, our office is having its quarterly birthday potluck lunch. So I have a mishmash of stuff. It's all good! And totally not helpful for you to figure out what you want.
[This message edited by abbycadabby at 11:01 AM, October 18th (Friday)]
If nothing sounds good to me, my go-to is Schlotzsky's. They haven't failed me yet.
I ended up with a gyro from a local place
And never grow a wishbone, daughter, where your backbone ought to be.
― Sarah McMane
I'll be more than willing to share if you want some wifehad5.
Now I want a steak. Medium rare.
Trust is like paper. Once it's crumpled it can never be perfect again.
Now...I'd like a nap.
But I took it out to defrost at 6am... so this post didn't influence my dinner plans at all.
"I could have missed the pain, but I would have had to miss the dance." Garth Brooks
[This message edited by BrokenRoad at 8:52 PM, October 18th (Friday)]


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Download Baby playing Mini Games apk 1.0.0 free for Android smartphone
Posted by Creative Castle in Casual | June 6, 2015 | 0 Comments
Apk file size: 20.0 MB
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Creative Castle part of our Casual and have average installs from 1000 to 5000. Last Update June 6, 2015. Google play rating is 80.0. Current verison is 1.0.0. Actual size 20.0 MB.


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Home | 18.013A | Chapter 2 | Section 2.1
State and prove these fundamental properties ie, expressions for and for . (Hint: what value do they have at ? What are their derivatives? Deduce their series from these statements and identify them.)
has value at argument 0 and is its own derivative by the chain rule. By the logic used to get the series for we obtain: , and the relation between the 's is exactly as before. We can deduce that each is multiplied by its value in the previous case, which gives us
Notice that has value 1 when , and has derivative . Also notice that, for values of for which it is defined, has the same value at and the same derivative (use the power rule and the chain rule). (We conclude that these functions are the same thing: their difference is 0 and has 0 derivative everywhere, which means it never changes from 0)
So we have
for all values of for which we have a definition for the latter expression. This allows us to define the second expression to be the first everywhere else.


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Now Playing Onstage in Jacksonville - Week of 12/09/2012
Click Here to View BroadwayWorld.com Jacksonville Calendar
Forbidden Broadway: Greatest Hits Volume 1 in Broadway" border="0" bheight="100" width="100" align="right"> Forbidden Broadway: GREATEST HITS VOLUME 1
Theatre Jacksonville
In this long-running Off-Broadway hit musical revue, Broadway's greatest musical legends meet Broadway's greatest satirist in this hilarious, loving, and endlessly entertaining tribute to some of the theatre's greatest stars and songwriters. The show pokes good-natured fun at such Broadway hits as Spamalot, Annie, West Side Story and Les Miserables among many others. If you're looking for something lighthearted to do during the holiday season, this is it!
Click Here for More Information
Alhambra Theatre
For more than 20 years, the Alhambra has been Jacksonville's home-grown Christmas Tradition. The tradition continues with our production of "White Christmas!" After leaving the Army after W.W.II Bob Wallace and Phil Davis team up to become a top song -and-dance act. Davis plays matchmaker and introduces Wallace to a pair of beautiful sisters (Betty and Judy) who also have a song-and-dance act. When Betty and Judy travel to aVermont lodge to perform a Christmas show, Wallace and Davis follow, only to find their former commander, General Waverly, is the lodge owner. A series of romantic mix-ups ensue as the performers try to help the General. With classic songs "White Christmas" and "Baby its cold outside"
Click Here for More Information
Theatre Partners, LLC
Based on the beloved, timeless film, this heartwarming musical adaptation features seventeen Irving Berlin songs and a book by David Ives and Paul Blake. Veterans Bob Wallace and Phil Davis have a successful song-and-dance act after World War II. With romance in mind, the two follow a duo of beautiful singing sisters en route to their Christmas show at a Vermont lodge, which just happens to be owned by Bob and Phil's former army commander. The dazzling score features well known standards including Blue Skies, I Love A Piano, How Deep Is the Ocean and the perennial favorite, White Christmas. WHITE CHRISTMAS is an uplifting musical worthy of year-round productions.Music and Lyrics by Irving Berlin; Based Upon the Paramount Pictures Film Written For the Screen by Norman Krasna, Norman Panama and Melvin Frank; Book by David Ives & Paul BlakeFor more information on Theatre Partners, LLC, click hereFor more information on White Christmas, click here
Click Here for More Information
Limelight Theatre
The Forever Plaid boys are back in action when the heavenly Rosemary Clooney calls on them to add a little of their posthumous harmony to the world. Christmas classics delight as well as audience favorites featuring The Rockettes and the Chipmunks! This holiday show is truly heaven-sent!
Click Here for More Information
View All Show Listings for Jacksonville
Click Here to View BroadwayWorld.com Jacksonville Calendar


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HOUSTON (KHOU) - Three people, including two cadets from Texas A&M University, were killed in a head-on collision early Sunday morning on Highway 290 in Waller, according to the Harris County Sheriff's Office.
Amy Pacheco, 18, and Miguel Hernandez, 18, both freshman students in the Texas A&M Corps of Cadets, died when the SUV they were traveling in collided with a sports car, driven by Katie Thomas, 21. Thomas also died in the collision.
Another freshman cadet traveling in the SUV, Francisco Campos, 18, was injured in the accident and was transported to a local hospital in stable condition. Campos, who is Pacheco's boyfriend, is expected to recover for his injuries.
The deaths of the two cadets has left the Corps and A&M community in mourning.
"We in the Corps of Cadets and at Texas A&M University, are in mourning over the loss of two of our cadets in a tragic car accident early this morning," Brig. Gen. Joe E. Ramirez Jr., commandant of the Corps of Cadets, said. "We offer our sincerest condolences, thoughts and prayers to their family and friends and ask everyone to respect these families and our cadets as we mourn during these trying times."
Deputies said that at about 3:30 a.m., Thomas was driving a white 2005 Ford Mustang heading the wrong way in the westbound lanes on Hwy. 290 near Binford Road when her car collided with white Ford Explorer driven by Pacheco.
The HCSO said that the collision caused the Mustang to rotate clock-wise and come to a rest on the inside shoulder.
The SUV continued westbound and stopped on the outside shoulder. The vehicle became fully engulfed in flames after the collision. Pacheco and Hernandez, who was sitting in the backseat, were not able to escape the vehicle.
HSCO said the two cadets and Thomas died at the scene of the accident.
The cadets were heading back to College Station for an official function on Sunday morning when the accident occurred. They had spent Saturday judging a drill competition at a Houston ISD.
Deputies found beer bottles in the Mustang, and alcohol is believed to be a factor in the accident.


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Scammer Yana Keat
|Add comments >>>
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|First name:
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|Iana, Ianusha, Ianushenka, Iyana, Jana, Janna, Janny, Yanka, Yanna, Yanochka, Yanusia
|Lugansk (Ukraine)
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Report N1
After dropping so many girls who requested I pay for traslation or simply send them money for this or that hardship. I became tired I supose. From what I read it seemed Russian girls were more traditional expecting the guy to pay for things in a relationship. I refussed Yana's first request to send money for English lessons. Writing to her I explaned in reality I did not know her from the next person etc. She replied with the usual... "well I must not care for her or our relationship or that I must not be serious." For some reson I let her slip under the wire, or get past my better judgement. Don't do this guys!!!!! Your first inclination, that any girl, woman, lady worthy and having any integrity at all will not ask you to send any money. I think most are well aware that a lot of scams are pulled over on foreign guys this way. Well having let down my gard and better judgement I soon caved and sent her moneys for the first phase of "English lessons" something like $125. I sent one more then made definite plans to visit her in the Ukraine, near Lugansk. It is my knowlege now that there are a lot of scams running out of this town and this area in general. Guys be extra super careful if you are getting to know a girl from here.
When I got to Kiev she changed her mind and did not want to come to see me. She made some excuse that she had not mentioned before. It should have been obvious to me at that time if not before. I contacted her and sent money for her and friend to travel to Kiev. She had asked for plane fare, but I sent only train fees. Needless to say she never came. She clamed something was wrong and she never got the money. Like a fool I believe this. but I did not send more money, believing she really wanted to see me I flew to Lugansk. Upon arival I found no rooms at the hotel she had recomended. It was late, I did not find cab drivers to be helpful at all, but only wanting to get as much money out of a tourist as possible. I was tired and coulc not believe Yana had not even checked into room avalability while I had traveled accross the globe to meet her.
Days turned into more than a week and I still had not met my Yana? She had made all kinds of excuses, studing for exames, bussy, no trasportation. We had made arangements a few times to meet here or there, she was never there, I waited and waited. Finally she came and we met, it was obvious she had not taken English lessons, it was also obvious she did not care one ounch about me, meeting me, or who I was. I was just the stupid guy who had bought her a new wardrobe. She was decked out in very nice clothes, while it was raining, muddy, and just plane sloppy out side, but she hadn't a spot on her. Her body language said everything. She was no longer interested in her chash cow, in fact she never was.
I later met up with some nice Ukrainians and one who often did translating for me. I asked if he would acompany me out to where Yana said she lived in her letters to me. When we did, that was indeed where she lived. I asked here what was going on and why she had done this.
Yana admited nothing, in plane terms, but did agree to return the last $100 I had sent her from Kiev. Here again my thoughts went to... if I - we show up tomorrow at her place she my not be there, she may have some back up to tell me what to do and were to go. It turned out to be the latter. My friends I know I am not the smartest, but I mistakenly trusted that my new friend interpreting for me had some better understanding of his culture than I. We shoued up at the said time and place only to meet up with two other guys with her. I am no small guy and when these grezzy low life Ukrains started telling me where to go etc, etc, a fight insued were I eventually came away with some brussed ribs and some kind of shoulder dislocation. My "very helpful" Ukrainian friend and I finally got the police to come, and the group of us spent the next six hours in the Jerbalinny police depot. I got my $100 dollars back, but not my health.
Ok, so judge for your selves, if you can not see that you would have, could have ever gotten your self so deep into shit like this, realize I left ouf a lot of the smaller details to avoid writting a book here. If you are more honest with your self, realize it is a very dangerious place over there. Many of the police are on the take, they are so under paid it is almost expected, or it is very common knowledge. Luckly these police maybe were not, or they extorted the rest of the monies I sent Yana by thretening them?? I will never know.
If you have had current dealings with Yana Keat please post them here.
I have to wonder if she has given up her life of crime or whether I help to make a smarter criminal.
Needless to say, never send money, and if she should ask you to she is more than likely a fake and a scammer.
David (USA)


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Thunderbird is a total redesign of the Mozilla mail component to produce a cross-platform, stand-alone mail application using the XUL user interface language. It has many new features, among them the ability to customize your toolbars the way you want them. a new look and feel with a large number of downloadable themes which alter the appearance of the client, and the ability to add UI extensions.
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LISBON (Reuters) - The decision to seize money from bank deposits in Cyprus as part of an international bailout lacked "common sense" and risked undermining confidence in the banking system, Portuguese President Anibal Cavaco Silva said on Monday.
The terms of Cyprus' 10 billion euro (8.6 billion pounds) bailout by the European Union, announced over the weekend, broke with previous practice that depositors' savings were sacrosanct.
The news was closely watched in Portugal, which negotiated its own 78-billion-euro bailout in 2011.
"Europe is taking a very dangerous path ... Sometimes I think common sense appears to have migrated elsewhere," Cavaco Silva said during a visit to Rome, in remarks aired on Portugal's SIC television.
"It's in all the books that when there is lack of confidence in a banking system, there is no country or nearly no country that escapes, because confidence is one of the pillars of a financial system," Cavaco Silva added.
The role of presidents in Portugal is mostly symbolic. But they have the power to veto laws and dissolve parliament in certain situations.
Under Portugal's deal, 12 billion euros were set aside for its banks but were not fully used. Portugal has already slashed spending and sharply raised taxes under its bailout.
Portugal's central bank governor, Carlos Costa, who is also a European Central Bank governing council member, earlier on Monday said the Cypriot levy would not be replicated in other European countries, including Portugal.
"Our depositors can feel relaxed, secure and confident," he said.
Reporting By Sergio Goncalves and Axel Bugge; Editing by Andrew Heavens


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Summer of Colours: first Esprit Beachwear range with recycled nylon
The Esprit Women Beachwear line for May is inspired by the feel of a perfect day by the sea. It embodies lust for life – and is both natural and linked to nature. Infused with a positive attitude to life and love for our shared home. This applies as much to the bikini and shorts as it does to the linen shirt and swimsuit. The soul of Esprit yearns for nature, which is also reflected in the new Beachwear range.
Esprit is one of the first labels to produce a beachwear line, using new recycled nylon. The innovative elastane/polyamide mix, with a proportion of polyamide that comprises up to 70% recycled nylon, has been developed by Esprit in cooperation with an Italian manufacturer.
For the May line 2012, Esprit presents the new material in bright and clear summer colours, such as red, pink, corn yellow, Malibu blue and cool shadow black. With a total of three ranges, the bikini and swimwear line includes South Seas inspired floral and fresh stripe prints, as well as a number of models in plain colours.
For Spring/Summer 2012, Esprit inspires with naturalness.
Background Information
The Esprit Beachwear line with recycled nylon will be available in Europe and Asia from May 2012. Special labels indicate the future-oriented mix of materials.
With the new Beachwear line, the brand showcases another part of its identity, having combined
Californian attitude to life with a sense of social and environmental responsibility ever since it was
founded in 1968.


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Languages: English • Español • 日本語 • (Add your language)
Adds a new term to the database. Optionally marks it as an alias of an existing term.
<?php wp_insert_term( $term, $taxonomy, $args = array() ); ?>
The arguments decide how the term is handled based on the $args parameter. The following is a list of the available overrides and the defaults.
If 'slug' argument exists then the slug will be checked to see if it is not a valid term. If that check succeeds (it is not a valid term), then it is added and the term id is given. If it fails, then a check is made to whether the taxonomy is hierarchical and the parent argument is not empty. If the second check succeeds, the term will be inserted and the term id will be given. If the slug argument is empty, then it will be calculated from the term name.
Error handling is assigned for the nonexistence of the $taxonomy and $term parameters before inserting. If both the term id and taxonomy exist previously, then an array will be returned that contains the term id and the contents of what is returned. The keys of the array are 'term_id' and 'term_taxonomy_id' containing numeric values.
It is assumed that the term does not yet exist or the above will apply. The term will be first added to the term table and then related to the taxonomy if everything is well. If everything is correct, then several actions will be run prior to a filter and then several actions will be run after the filter is run.
$parent_term = term_exists( 'fruits', 'product' ); // array is returned if taxonomy is given wp_insert_term( 'Apple', // the term 'product', // the taxonomy array( 'description'=> 'A yummy apple.', 'slug' => 'apple', 'parent'=> $parent_term['term_id'] // get numeric term id ) );
This function calls these hooks with term id and taxonomy id as parameters:
Since: 2.3.0
wp_insert_term() is located in


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Earl Anthony's Dublin Bowl
Bowling Scores
Bowlers of the Week: Bill Cooley of the Tuesday Match play league shot a perfect 300 game on the way to a four game set of 1033. Russ Engstrom of the Brunswick Trios shot games of 265-258-268 for a 791 set.
K5 Signs & Graphics Monday Madness Match Play (four game sets): Jim Ferrero was high for the week with a 265 and a 918 set. Other good scores were rolled by: Kevin Walker, 874; William Thomas, 870 and John Cancel, 256/+70.
Black Oak Scratch Trios: Off for summer.
League Men's Bowling: The following men bowled great scores: Mike Stephenson, (Dublin Cruisers) 285/+66; Jim Stone, (Christian Fellowship) 524/+89; Robert Tuck, (Tuesday Match Play) 922/+102 (four games); Martin Allen, (Reno Trip) 244/+55; Kristian Schreiber, (Brunswick Trios) 277/-72; Stephen Klitz, (Wednesday Wonders) 724; Larry Ames, (Wednesday Wonders) 701; Brian Thomas, (Thursday Mixers) 670/+91; Kim Martini, (Thursday Mixers) 234/+73; Hal Lewis, (565 Scratch Trios) 700; Jerrell Smith, (Lively 4's) 268/+87; Randy Coon, (PBA Experience) 299-760; and Brent Moffitt, (PBA Experience) 280-757.
League Women's Bowling
Great scores that were bowled by the ladies: Joann Neveu, (Lucky Strikers) 235/+66; Cynthia Pisani, (Lucky Strikers) 214/+53; Wendy Arbuckle, (Brunswick Trios) 278-682; Nicole Goodrich, (Brunswick Trios) 622; Laura Mulligan, (Brunswick Trios) 582/+105; Janet Zhan, (4 Leaf Clovers) 180/+52; Elizabeth Bryant, (Wednesday Wonders) 681; Andrea Goodman, (Wednesday Wonders) 640; Terry Stone, (Wednesday Wonders) 257/+81; Anna Wilson, (Thursday Mixers) 633/+120; Yako McDonnell, (Nisei Invitational) 660; Jennifer Nelson, (Nisei Invitational) 610; Tam Mai, (Santa Rita Employees & Friends) 227/+91 and Fannie Robinson, (565 Scratch Trios) 607.
Seniors League Bowling
Earl's Pearls: David Packer,620; Rose Dautrieve, 518; Lee Ferretti, 511 and May Kuwatani, 193/+54.
Seniors & VIP's: Larry Cook, 630; Ray Blackshear, 627; Jan Lee, 428/+68 and Liese Byrne, 408/+63.
Youth Bowling
Jr./Adult Match Play (four games): Brett Schalin, 245/+58; Jeffery Anderson, 245/+44; Noah Tom, 863.
Strike Force (three games sport patterns): Joe Stephen, 514 and Noah Tom, 464.
Generation Gap (three games): Dennis Wakaluk, 713 and Cheryl Byrd, 221/+49.
Dynamic Duos (two games)
Junior Match Play: Noah Joe Stephen, 852; Matthew Collet, 564/+136 and Jared Darling, 235/+44.
Junior Strikers (three games): Jacob Butler, 459 and Daniel Dorsett, 358.
The next PBA Experience Gold Pin Tournament is scheduled for 1 p.m. July 19 using three different lane patterns. This is an invitational tournament only. There are optional side pots; a "300"game pot (which is more than $2,250) and brackets. This is a USBC certified tournament. For information; call Earl Anthony's Dublin Bowl at 925-828-7550 or email Chuck Holland; email@example.com.


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Universally Composable Secure Computation With (Malicious) Physically Uncloneable Functions
The use of Physically Uncloneable Functions (PUFs) in Cryptography is a recent breakthrough that has caught the interest of both theoreticians and practitioners. A major step towards understanding and securely using PUFs has been done where Brzuska, Fischlin, Schr?der and Katzenbeisser augmented the Universal Composition (UC) Framework of Canetti by considering Physically Uncloneable Functions (PUFs). Their model considers trusted PUFs only (i.e., adversaries are assumed to be unable to produce fake/malicious PUFs). Moreover, they assumed that the simulator can observe queries made by an adversary to a PUF (i.e., an adversary can access a PUF only in a prescribed detectable way).
Provided by: University of Salerno Topic: Security Date Added: Apr 2012 Format: PDF


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The father of George Zimmerman, the shooter of unarmed Florida teen Trayvon Martin, says he's surprised by the "hate" coming from President Obama, the NAACP, and the Congressional Black Caucus.
Speaking to Orlando's Fox affiliate, he didn't say what "hate" he was referring to. Obama famously said last week, "if I had a son, he would look like Trayvon." But he expressed no hatred toward Zimmerman (left).
The comments from Zimmerman's father suggested either a sense of persecution, brought on by the intense scrutiny of his son's actions, or a continued attempt to make Zimmerman seem like the victim in the case. Zimmerman has told police that Martin attacked him before he shot.
Zimmerman's father — who was unnamed in the interview and shown only in shadow — said he "never foresaw so much hate coming from the president, the Congressional Black Caucus, the NAACP. Every organization imaginable is trying to get notoriety or profit from this in some way. But there's so much hate. I've never been involved in hate and George hasn't. It's really unbelievable."
The comments will no doubt stoke new outrage in a case that has already brought plenty of it. On Thursday, it led the conservative-leaning Drudge Report, which in recent days has carried several reports that played into the Zimmerman-as-victim narrative. They have noted Martin's suspension from school over a baggie with marijuana remains, and tweets he posted or retweeted that mentioned drugs or seemed sexist. One tweet sent to Martin suggested he had "swung on" a bus driver.
Though Zimmerman's lawyer has said that Martin attacked him and broke his nose, ABC News showed security footage taken after the fatal shooting in which he did not appear to be injured.
In his interview, Zimmerman's father tried to take the high road — or to appear to take the high road, depending on your read of the situation. He said he hoped that "at some point, everyone will go beyond the hate that they have."


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Amy's Cottage on the left-hand side of the picture, offers very flexible accommodation; choose a king-sized double bed (which can also be set up as twins), a queen-sized single bed or a spacious room with a standard single. Vintage furniture and interesting pictures on the walls complement the fresh white interiors. The wood-burner in the sitting-room and the airy conservatory with doors to the garden on both sides make this a great choice all year round.
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February 10, 2014
Around the Green: Pebble Beach Pro-Am offers great pros, some not-so-great golfing celebrities
For some, this is the tournament that officially kicks off the golf season - the much-loved AT&T Pebble Beach Pro-Am. This week, let's go with a couple of guys who have Alabama connections. I'll take defending champ Brandt Snedeker, who is due to have a big week, as well as former UAB star Graeme McDowell in his first outing on the PGA Tour this year.
Additional Info
- Alternate Title Link: http://www.al.com/sports/index.ssf/2014/02/around_the_green_pebble_beach.html


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Pop Culture
Hollywood Now: Chris Pine, Rachel Weisz & Ari Graynor, Plus So Many Babies!By Gerri Miller
New flicks with celebs in interfaith relationships and from interfaith backgrounds, plus their baby news!Go To Pop Culture
Temple Ner Tamid has been disaffiliated from the Conservative movement following an official letter sent to the congregation on Dec. 5.
In the letter from United Synagogue of Conservative Judaism's Committee on Congregational Standards, Ner Tamid was formally notified that the synagogue has been disaffiliated "effective immediately." But the letter also states that the movement would be "delighted to welcome back" the Bloomfield synagogue should it ever decide to change its practices. Rabbi Steven Kushner, Ner Tamid's religious leader, said he wasn't surprised at USCJ's decision. "We've come to an impasse over an issue we both feel strongly about. Ner Tamid has always tried to be as inclusive as possible, within limits.
"Interfaith families are here to stay," said Kushner. "It's much more important to reach out to them than arbitrarily exclude a large portion of our population."
Ner Tamid, which, until now, was affiliated with both the Conservative and Reform movements, accepts interfaith families as full members as long as either the wife or husband is Jewish and the children are raised as Jews exclusively.
The USCJ Standards for Congregational Practice states in Article V on membership that "only Jews shall be admitted to membership in the congregation." Barred as members are the non-Jewish member of a couple and children who identify as Jews through patrilineal descent, in other words, whose fathers only are Jewish.
An investigation by USCJ, launched about a year ago, was the first time Ner Tamid's credentials had been officially examined since its founding in 1980, the result of a merger of two Bloomfield congregations: Temple Menorah, a Reform congregation, and Temple B'nai Zion, a Conservative synagogue. Since its founding, Ner Tamid has always been affiliated with both USCJ and the Reform Union of American Hebrew Congregations. The investigation was prompted by an inquiry last year from Rabbi Michael Monson of neighboring Congregation Shomrei Emunah in Montclair, a Conservative congregation, urging the movement to look into the religious standards at Ner Tamid. Monson subsequently withdrew his letter. "Had I realized people would have gotten so upset about it, I wouldn't have sent the letter," Monson told NJJN at the time. "It was not a criticism of [Ner Tamid]; it was a request for clarification of standards."
When interviewed last year, USCJ regional executive director Rabbi Eric Lankin said that "there's always been a variation of practice in the movement," but, when a person walks into a Conservative synagogue, "there should be certain givens. One standard that is very clear is that we don't accept patrilineal descent."
In the Dec. 5 letter, United Synagogue had said it would allow Ner Tamid to remain in the movement if its policies changed.
'This made us look at what's important to us," said Ner Tamid president Marjorie Grayson. "It made us stop and think about what really matters. We've come out stronger because of this."
Moshe Edelman, director of the Committee on Congregational Standards at USCJ's offices in New York City, put as good a face as he could on the action. "We'd love to have them stay as members, but this is our standard," he said. "If they choose to have a different standard, one that is outside the boundaries of Conservative Judaism, we respect that. We only ask that our position be respected too." He added, "The door is always open to Ner Tamid. They can come back at any time."
Edelman said USCJ's policy of accepting matrilineal descent only has never wavered since the movement's founding in 1912. "United Synagogue is very proud of its policy. It's a halachic policy," he said. "Whether Ner Tamid chose to leave or was forced to go is a question of perspective. We tried very diligently to work with them for well over a year."
When the issue arose last year, Kushner described Ner Tamid as a "traditional Reform templw" rather than as "a liberal Conservative shul."
"We have never tried to sell ourselves as a Conservative synagogue," he said. "We support both movements because we believe in religious pluralism. We feel there is credence to different Jews finding different paths in Judaism."
Kushner praised his congregation's founders for deciding that "ideological differences were not as important as community solidarity." Kushner came to the congregation immediately after the merger but said he understands the UAHC was "much more aggressive and helpful in making the merger happen" than was the USCJ, where "on some level there must have been a sense of 'something's better than nothing.'"
Still, right from the beginning, USCJ "was not going to impose on us the standards they impose on other congregations," Kushner said after first hearing about the inquiry last year, because Ner Tamid is a "hybrid." The congregation still includes some Conservative members who were among those who worked to make the merger and dual affiliation succeed. "I think," said Kushner, "it would be a shame if they had to surrender that."
Ner Tamid uses Reform liturgy but includes more Hebrew than is common in most Reform congregations, he said, and observes the traditional liturgical calendar. The kitchen, which is dairy, used to be kosher, but now the synagogue allows food to be brought in without a hechsher "and we're comfortable with that," said Kushner.
In losing its USCJ affiliation, Ner Tamid can no longer avail itself of USCJ resources, including the organization's educational curriculum and its networking and programmatic consultation services. In addition, the synagogue can no longer be home to chapters of the Conservative youth groups Kadima and United Synagogue Youth, the Hazak program for adults ages 55 and older and the KOACH program for college-age youth. "We're a really terrific synagogue and we'll continue to be a really terrific synagogue," Grayson said, "no matter to whom we pay our dues. This won't have an impact on our congregation."


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Kangana Ranaut is a famous Indian actress born on 23 March 1987 in Bhambla, near Manali, in Himachal Pradesh, India. She has established a career in Bollywood and is the recipient of two National Film Awards and Filmfare Awards in three categories. She relocated to Delhi at age sixteen to make her career and became a model. Anurag Basu give ...Read More »
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Atlanta firefighter says he was forced to leave over lack of pay
The Atlanta Fire Union this week issued a warning about firefighters having to leave their jobs due to their pay being stagnant.
Well, it is already happening. While the mayor and the city council debate the budget, a four-and-a-half year veteran said he and his wife had to make a difficult choice.
Sean Vollmer said despite a couple of modest increases given by Mayor Kasim Reed over the past five years, he has actually lost money due to government employee costs rising. Vollmer said his net paycheck just before he resigned late 2014 was less than his first week on the job.
Tensions over public safety pay have risen lately as the mayor vowed not to give any new raises while a pension lawsuit, led by the fire and police unions, is hanging out there. Reed said the lawsuit is wrong because it could potentially jeopardize the future financial health of the city.
He also believes the unions don't have a leg to stand on because they were at the table when the pension program was being debated.
For their part, Whitney and Sean Vollmer are out of the city hall back and forth. Sean Vollmer has a new career in the private sector. They also have a new three-and-a-half week baby boy to care for. Vollmer said he just couldn't depend on a city salary to raise a family.


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SBB LP poland jazz fusion prog SS
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SBB LP poland jazz fusion prog SS
SBB. - s/t Supraphon 1 13 2218 H 1978 Czechoslovakia issue------------------------------------------------------------------------- Condition - Still Sealed ---------------------------------------------------------------------------------- The best Polish progressive jazz fusion prog band.. Track listing 1. Wolanie o brzek szkla (19:05) 2. Odejscie (19:40) - J�zef Skrzek / vocals, keyboards, harmonica - Apostolis Antymos / guitars - Jerzy Piotrowski / drums, percussion ---------------------------------------------- The story of SBB (Search - Break - Build) (from Piotr Szymczak) SBB came into being in 1971 as Silesian Blues Band founded by Jozef Skrzek (who was by that time renowned bassist - known for his work with 'Breakout' - the famous (in Poland, of course) polish blues group. Skrzek was classicaly educated as a pianist). The other members of the band were Jerzy Piotrowski (drums) and Apostolis Antymos (guitar). The trio made some radio recordings but it was very hard for them to break through into the polish musical market. However, they were noticed by Czeslaw Niemen (a kind of a king of polish rock - he became extremely famous in Poland in 60's, when he was performing pop and soul songs. In early ... read more


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Just How Important Is Alan Jackson
So, just how important is Alan Jackson? Pretty important to Country music in my opinion. And, apparently, I'm not alone.
Here's the link to the story we talked about today on the Craig & Al Morning Show. It's from the online alt-country magazine "No Depression".