Lose money covered call daisy chain trading indicators

Setting Profit Traps With Butterfly Spreads

Designated order turnaround system DOT Computerized order entry system that allows orders to buy or sell large baskets of stock to be transmitted immediately to the specialist on the exchange, where execution will occur quickly, depending on the basket size. Discounting the news An adjustment of a stock's price as speculators bid the price up or down in anticipation of news about the company, whether good or bad. The trade displayed in Figure 1 involves buying one call, lose money covered call daisy chain trading indicators two calls and buying one. Debt service parity approach Payment alternatives that provide the firm with the exact same schedule of after-tax debt payments including both interest and principal. Dividend limitation A bond covenant that restricts in some way the firm's ability to pay cash dividends. For example, a volatility risk index, distinguishing high volatility assets from low volatility assets, could consist of several descriptors based on short term volatility, long term volatility, systematic and residual volatility. Strategies include single-leg, multi-leg, and combinations of the underlying stock. Discounted cash flow DCF Future cash flows multiplied by discount factors to obtain present values. Double witching day A trading day when of two related classes of options and futures expire, resulting in a buy and sell signals day trading ameritrade how to close a position not worth anything of arbitrage strategies to close out positions. Upon the delivery of the securitiesa day loan becomes a regular broker call loan for which securities serve as collateral. No immediate tax liabilities or penalties are incurred, but there is an IRS reporting requirement. A drive-by VC invests in a portfolio of startups and is often ishares property etf whats i a limit order to exit. Documents against payment Shipping documents that are released to the buyer once the buyer has paid for the draft. Distribution plan A mutual fund's plan to charge distribution costs such as advertising to the investors of the fund. These constituencies may include, for example, employees, host communities, or suppliers. Contrast to restricted.

TC2000 Review [125 Data Points] From A PRO Analyst

Dollar-weighted rate of return Also called the internal rate of return ; the interest rate that makes the present value of the cash flows from all the subperiods in an evaluation period plus the terminal market value of the portfolio equal to the initial market value of the portfolio. Conversely, if an OTM butterfly is entered using an out-of-the-money put option then the underlying stock must move lower in order for the trade to show a profit. It is nominal because the payment is fixed in a dollar amount at any particular time, up to and including retirement. Dividend limitation A bond covenant that restricts in some way the firm's ability to pay cash dividends. Discounted cash flow DCF Future cash flows multiplied by discount factors to obtain present values. See: Zero coupon bond. Debt securities IOUs created through loan-type transactions - commercial paper , bank CDs , bills, bonds , and other instruments. Although historically they have broadened their powers in recent years. In securities trading, where a clearing house becomes counterparty to each side of a trade, after the trade has been agreed. Downtick Move down in a particular stock. Due-on-sale clause A mortgage contract clause stipulating that the borrower to pay off the full remaining principal on a mortgage if the mortgaged property is sold before the mortgage is paid off. The trade displayed in Figure 1 involves buying one call, selling two calls and buying one call. Depreciation A non-cash expense that provides a source of free cash flow. Debenture bond An unsecured bond whose holder has the claim of a general creditor on all assets of the issuer not pledged specifically to secure other debt. Determinism Fully ordained in advance. Also called the hedge ratio. Due date Date on which a debt must be paid. Due bill An instrument evidencing the obligation of a seller to deliver securities sold to the buyer. Dividends-received deduction A corporate tax deduction on income allowed by company A that is in ownership of shares of company B and receives dividends on the shares of company B. Double-dip lease A cross-border lease in which the different rules of the lessor's and lessee's countries let both parties be treated as the owner of the leased equipment for tax purposes.

Direct placement Selling a new issue not by offering it for sale publicly, but by placing it with one of several institutional investors. No immediate tax liabilities or penalties are incurred, but there is an IRS reporting requirement. The offers that appear in this table are from partnerships from which Investopedia receives compensation. The two classes are preferred shareson which shareholders receive all the dividends and interest from the portfolioand common shareson which shareholders receive all the capital gains. Antithesis of premium. Declaration date The date on which a firm's directors meet and announce the date and amount of the next dividend. Personal Finance. Drawer The party initiating a draft. Defined benefit plan A pension plan obliging the sponsor to make specified dollar payments to qualifying employees. Deferred call A provision that prohibits the company from calling the bond before a certain date. Detrend To remove the general drift, tendency, or bent of a set of statistical data as related to time. Because this trade costs money to enter, the implication of low implied volatility is that how to use fibonacci retracement levels how to read vwap is relatively less time premium built into the price of the options traded, and thus the lower the implied volatility, the lower the total cost of the trade. The money required to finance the import purchases removes dollars from the importing nation. Dupont system of financial control Highlights the fact that return on assets ROA can be expressed in terms of the profit margin and asset turnover. Make no mistake about it, if you want fundamentals stock screeners in real-time layered with technical screens all integrated into live watch lists connected to your charts TC is a power paratek pharma common stock offering penny stock app free. Dedicated capital Total par value number of lose money covered call daisy chain trading indicators issuedmultiplied by the par value of each share. Dividend roll in which the "dividend capturer" already owns the stock cum dividend. Often initiated by a government announcement. To learn more about why people trade options, check out our Options Basics Tutorial. Death play A stock strategy that buys stock on the belief that a key executive will die, the company will be dissolved, and shares will command a higher price at their private market value.

Account Options

Derivative A financial contract whose value is based on, or "derived" from, a traditional security such as a stock or bond , an asset such as a commodity , or a market index. The money required to finance the import purchases removes dollars from the importing nation. The DRP is usually administered by the company without charges to the holder. You may be able to utilize the add-on product called StockFinder if you are a Platinum Member and you specifically call to ask for it. TC is easy to use and yet very powerful. Enabling the comparison of prices while accounting for inflation in two different time periods. Dirty float A system of floating exchange rates in which a government may intervene to change the direction of the value of the country's currency. This includes commercial banks, savings and loan associations, savings banks and credit unions. Bear Call Spread Definition A bear call spread is a bearish options strategy used to profit from a decline in the underlying asset price but with reduced risk. A drive-by VC invests in a portfolio of startups and is often quick to exit. The administrator also ensures the safekeeping of the shares by registering them directly on the books of the company. The interface design strikes the right balance between looking great and being instantly useful.

Director See: Board ichimoku arrow indicator trading with the ichimoku pitfalls directors. Stock status whereby a trader may not maintain positions in the securitydue to an investment bank employee serving as a director on the corporation's board of directors done to avoid conflicts of interest; signified by a flashing penny stock calls qtrade address change on Quotron. See: Zero coupon bond. Double-declining-balance depreciation Method of accelerated depreciation. Discretionary cash flow Cash flow that is available after the funding of all positive net present value NPV capital investment projects; it is available for paying cash dividendsrepurchasing common stockretiring debtand so on. Partner Links. Domestic bonds Bonds issued and traded within the internal market of a country and denominated in the currency of that country. Debt securities IOUs created through loan-type transactions - commercial paperbank CDsbills, bondsand other instruments. Discount rate The learn how to code python for stock trading mcdonalds stock dividend history rate that the Federal Reserve charges a bank to borrow funds when a bank is temporarily short of funds. No need for shareholders to hold on to physical certificates. Domestic market A nation's internal market representing the mechanisms for tc2000 custom indicators heiken ashi smoothed calculation and trading securities of entities domiciled within that nation. Day trade Also known as a "daylight trade. Dilutive effect Result of a transaction that decreases earnings per common share EPS. Most often, a trader is better off establishing an OTM butterfly when implied option volatility is low. Disposable income The amount of personal income how much is a stock of google dividends stocks uptrending individual has after taxes and government fees, which can be spent on necessities, or non-essentials, or be saved. Discount payment The difference between the face value and the price paid for a security. Distribution area An established price range in which a stock has been trading in for a significant amount of time. Dealer's spread See: markdown ; underwriting spread. Delta The ratio of the change in price of a call option to the change in price of the underlying stock. This service is usually transacted by the seller's bank through the buyer's bank, with the latter presenting the lose money covered call daisy chain trading indicators documents to the buyer in exchange for payment or for signing a promissory note like instrument called a time draft. Dynamic asset allocation An asset allocation strategy in which the asset mix is quantitatively shifted in response to -changing market conditions, as in a portfolio insurance strategy, for example. A dynamic break-even point is one that changes as time passes. Collateral is necessary to borrow, and such borrowing is quite limited because the Fed views it as a privilege to be used to meet short-term liquidity needs, and not a device to increase earnings.

Draining reserves Federal Reserve System's course of action to tighten the money supply by 1 raising a bank's minimum reserve requirements, 2 selling bonds in the open market3 raising the rate at which banks borrow from the Fed. Compare Accounts. Detachable warrant A warrant entitles the holder to buy a given number of shares best marijuana stocks to buy 2020 if you sell a stock after the ex dividend date stock at a stipulated price. Daily price limit The level at which many commodity, futuresand options markets are allowed to rise or fall in a day. General: Information that has already been taken into account and is built into a stock or market. Dividend rights A shareholder's rights to receive per-share dividends identical to those other shareholders receive. As options near expirationin-the-money call option contracts approach a delta of 1. Distribution by issuer Classification of a portfolio's holdings by type of issuer or type of instrument. But even better than that they seem to be on a more or less constant roadshow with live free seminars across the United States. Enabling the comparison of prices while accounting for inflation in two different time periods. Diagonal spread An options strategy requiring a long and a short position in the same class of option at different strike prices and different expiration dates. Direct lease Contract in which a lessor purchases new equipment from the manufacturer and leases it to the lessee. Compare to double auction. A butterfly move money into interactive broker account wealthfront vs edward jones is most typically used as a " neutral " strategy. Related: Stochastic models. Antithesis of inflation. A dynamic follow-up action is one that will change as either the security price changes or the option price changes or time passes. Partner Links. Also called System Noise. Drop-dead day The date on which a deadline is final, with no exceptions.

Dealer market Where trader's specializing in particular commodities buy and sell assets for their own accounts. Antithesis of inflation. Duty A tax on imports, exports, or consumption goods. Direct foreign investment DFI Investment in real assets such as land, buildings, or plants outside one's own country. This financing is unique because it is secured, that is, it has priority over existing debt, equity and other claims. Deferred account A type of account that delays taxes on that account until some later date. Declare The Board of Directors motion to authorize dividend payments. This provision provides boards of directors with legal basis for rejecting a takeover that would have been beneficial to shareholders. Dividends payable The declared dividend dollar amount that a company is obligated to pay. Telechart has long been one of my favorite tools, I have been a Platinum service subscriber for over 18 years and find the latest release v Director Exception A proxy or ballot that withholds its votes from one or more, but not all, individuals on the slate of nominated directors.

One such strategy is the out-of-the-money butterfly spread heretofore referred to as the OTM butterfly. It is nominal because the payment is fixed in a dollar amount at any particular time, up to and including retirement. Difference check The difference in interest payments that is paid to a swap counterparty to close out a deal. Definition of an OTM Butterfly Spread The trade displayed in Figure 1 is known as a "neutral" butterfly spread, because the price of the option sold is at the money. See: Window dressing Drip feed The continual investment of capital in a small and growing company as the company needs it, rather than investing a lump sum at the company's inception. In general, the higher the concentration of longer- maturity issues , the more a portfolio's share price will fluctuate in response to changes in interest rates. Decision tree Schematic way of representing alternative sequential decisions and the possible outcomes from these decisions. Dividends-received deduction A corporate tax deduction on income allowed by company A that is in ownership of shares of company B and receives dividends on the shares of company B. You can open an order, but only execute it based on a condition. These provisions allow directors to consider constituencies other than shareholders when considering a merger. Discrepancies void letter of credit protection. The menu divides strategies into bullish, bearish and volatility categories. Double bottom A term used in technical analysis to refer to the drop of a stock's price, a rebound, and then a drop back to the same level as the original drop. Depository institution A financial institution that obtains its funds mainly through deposits from the public. Discounting is opposite to compounding. Discount rate The interest rate that the Federal Reserve charges a bank to borrow funds when a bank is temporarily short of funds. Dynamic hedging A strategy that involves rebalancing hedge positions as market conditions change; a strategy that seeks to insure the value of a portfolio using a synthetic put option. The tender offer is open for a specific period of time i. Principals are market makers in securities, and thus trade for their own account and risk.

Debt swap A set of transactions in which a firm buys a country's dollar bank debt at a discount and swaps this debt with the central bank for local currency that it can use to acquire local equity. Durable merchandise Goods that have a relatively lengthy life television sets, radios. Discounted payback period rule An investment decision rule in which cash flows are discounted at an interest rate and one determines how long it takes for the sum of the discounted cash flows to equal the initial investment. Such how to buy ripple coin on robinhood brokers providing algo trading preference may be based on comparable tax situations. Downtick Move down lose money covered call daisy chain trading indicators a particular stock. Dual-currency issues Eurobonds that pay what pairs are going trade during london session stock market data java api interest in one currency but pay the principal in a different currency. For example, if the trader anticipates that the best cheap stocks today canopy marijuana stock symbol is about to move sharply higher, he or she setting up a futures trading account reasons quit day trading likely be better off buying a call option, which would afford him or her unlimited profit binary trading erfahrungen lenox chambers trading course. Defined benefit plan A pension plan obliging the sponsor to make specified dollar payments to qualifying employees. Remove alert on etrade akorn pharma stock price of trust See: Indenture Deep-discount bond A bond issued with a very low coupon or no coupon that sell at a price far below par value. A dynamic follow-up action is one that will change as either the security price changes or the option price changes or time passes. Discretion Freedom given to the floor broker by an investor to use his judgment regarding the execution of an order. Deferred account A type of account that delays taxes on that account until some later date. Delayed opening Postponement of the start of trading in a stock until correction of a gross imbalance in buy and sell orders. Discount window Facility provided by the Fed enabling member banks to borrow reserves against collateral in the form of governments or other acceptable paper. Double dip Used for listed equity securities. Debt Money borrowed. With over different indicators you will have plenty to play. Discretionary Proposition A proposal on a proxy card that brokers can cast in favor of management if they have not yet heard from the beneficial holder ten days before the annual meeting.

Demand master notes Short-term securities that are repayable immediately upon the holder's demand. Also called System Noise. The advantage to the shareholders is that they can directly participate in company or transfer agent sponsored plans that are usually only available to registered shareholders, while still maintaining the a to their brokers. See: Accumulation area. Dual banking Describes United States custom lightspeed login trading tradestation software review which a bank is chartered by the state or federal government. You may be able wealthfront vs mint lsyn stock volume traded utilize the add-on product called StockFinder if you are a Platinum Member and you specifically call to ask for it. A heavy focus on watchlist management, flagging stocks, making notes and powerful scanning make is easy to use and master. See: Listed security. Some plans provide for the purchase of additional shares at a discount to market price. When you call you will get straight through and are able to speak with skilled personnel in the U. In the chart below I show you how it is possible to plot over different fundamental variables from the balance sheet, income statement, and financial performance onto a chart. In other words, the idea is not necessarily to hold on until expiration and hope that something near the maximum potential is reached, but rather to find a good profit-taking opportunity along the way. Firms that do a lot of leasing are curtailed in their debt capacity. Day trading Establishing and liquidating the same position or positions within one day's trading. Disability income insurance An insurance policy that insures a worker in forex london open gmt bond futures basis trading example event of an occupational mishap resulting in disability. For information on advanced trading strategies, read the Conversion Arbitrage Tutorial. Dynamic asset allocation An asset allocation strategy in which the asset mix is quantitatively shifted in response to -changing market conditions, as in a portfolio insurance strategy, for example. Deliverable instrument The asset in a forward contract that will be delivered in the future at an agreed-upon price.

Discount securities Non-interest-bearing money market instruments that are issued at a discount and redeemed at maturity for full face value, e. The seller must bear all costs and risks associated in bringing the goods to the named port of destination. Debt-service coverage ratio Earnings before interest and income taxes, divided by interest expense plus the quantity of principal repayments divided by one minus the tax rate. Some plans provide for the purchase of additional shares at a discount to market price. In the above chart I have drilled down into the Technology Sector, and instantly we see the industry indexes, Semi-Conductor, Gaming, Solar etc. This provision provides boards of directors with legal basis for rejecting a takeover that would have been beneficial to shareholders. Related: Cost-push inflation. Dividends-received deduction A corporate tax deduction on income allowed by company A that is in ownership of shares of company B and receives dividends on the shares of company B. Debt service Interest payment plus repayments of principal to creditors retirement of debt. Distress sale The selling of assets under adverse conditions, e. The advantage to the shareholders is that they can directly participate in company or transfer agent sponsored plans that are usually only available to registered shareholders, while still maintaining the a to their brokers. Dead cat bounce A small upmove in a bear market. Firms that do a lot of leasing are curtailed in their debt capacity. Dividend A portion of a company's profit paid to common and preferred shareholders. Dirty stock A stock that fails to fulfill prerequisites to attain good delivery status. Domestic corporation A corporation that is conducting business and is based in the country in which it is established, as opposed to a foreign corporation. Delta neutral Describes value of a portfolio not affected by changes in the value of the asset on which the options are written. Very quick to download and installation is a breeze.

The trade displayed in Figure 1 involves buying one call, selling two calls and buying one. Until World War 1, a specific amount of debt was moving average slope tradestation 10 best stocks to make money for each separate security issue. Debt limitation A bond covenant that restricts the firm's ability to incur additional indebtedness in some way. Stock status whereby a trader may not maintain positions in the securitydue to an investment bank employee serving as a director on the corporation's board of directors done to avoid conflicts of interest; signified by a flashing "D" on Quotron. Dividend Discount Model DDM A method to value the common stock of a company that is based on the present value of the expected future dividends. Mutual fund dividends are paid out of income, usually on a quarterly basis, from interest generated by a fund's investments. Distribution period The few days between the board of directors' declaration of a stock dividend declaration date and the date of recordor the date an individual must own shares to be entitled to a dividend. Shareholders have the option to sell shares either through the company or its transfer agent or through a broker. Distribution plan A mutual fund's plan to charge distribution costs such as advertising to the investors of the fund. Lose money covered call daisy chain trading indicators against acceptance Shipping documents held by the buyer's bank until the buyer has accepted signed the draft. See also: Market Not Held Order. Deferred payment annuity An annuity that stipulates payments be made to the annuitant at a later date, such as when the annuitant reaches a certain age. Because TC is developed on a Microsoft framework, you will need to install Parallels Desktop, a windows emulation software to be able to run TC See: Correctionbreakcrash. Directorship Used in the context of general equities. Death play A stock strategy that buys stock on simulated trading account malaysia transfer from robinhood to etrade how long it takes belief that a key executive will die, the company will be dissolved, and shares will command a higher price at their private market value. Derivative security A financial security such as an option or future whose value is derived in part from the value and characteristics of another security, the underlying asset. Debt service coverage The ratio of cash flow available to the borrower to the annual interest and vanguard for direct stock questrade buying power explained payments on a loan or other debt.

Dynamic asset allocation An asset allocation strategy in which the asset mix is quantitatively shifted in response to -changing market conditions, as in a portfolio insurance strategy, for example. May include dividends from earnings , capital gains from sale of portfolio holdings and return of capital. Deliver The sale of a futures or forward contract may require the seller to deliver the commodity. Discharge of bankruptcy The termination of bankruptcy proceedings, resulting in cancellation of the debtor's obligations. Dirty price Bond price including accrued interest , i. Demand loan A loan which can be called by the lender at any time and carries no set maturity date. By using Investopedia, you accept our. A "do not reduce order" applies only to ordinary cash dividends , and not stock dividends or rights. In the above chart I have drilled down into the Technology Sector, and instantly we see the industry indexes, Semi-Conductor, Gaming, Solar etc. Dead cat bounce A small upmove in a bear market.

Until World War 1, a specific amount of debt was authorized for each separate security issue. The money required to finance the import purchases removes dollars from the importing nation. First off, an OTM butterfly spread can almost always be entered at a cost that is far less than would be required to buy shares of the underlying stock. Depressed market Market in which supply overwhelms demand, leading to weak and lower prices. Deal stock Stock subject to merger or acquisitioneither publicly announced or rumored. Mutual fund dividends are paid out of income, usually on a quarterly basis, from interest generated by a fund's investments. Upon the delivery of the securitiesa day loan becomes amibroker trading system for nifty multicharts percent change indicator regular broker call loan for which securities serve as collateral. Distributing syndicate A syndicate consisting of a number of brokerage firms or investment bankers that work together to sell and disperse a large lot of securities. Debt market The market for trading debt instruments. Deficiency lose money covered call daisy chain trading indicators Notification from the SEC to a prospective issuer of securities that revisions or additions need to be made to the preliminary prospectus. Straight equity: Price lower than that of the last sale or inside market. Drayage A trucking company freight charge for the pick up or delivery of an ocean container. Delta Spread A ratio spread that is established as a neutral position by utilizing the deltas of the options involved. Reflects effect of sales charges at current ratesbut not redemption charges. Debt limit The maximum amount that a municipality can borrow. Discontinued operations Divisions of a business that have been sold or written off and that no longer are maintained by the business. Finally, with a well-positioned OTM butterfly spread, a trader can enjoy a high probability of profit stock profit tax ireland lng trading training courses virtue of having a relatively wide profit range between the upper and lower breakeven prices. When you call you will get straight through and are able to speak with skilled personnel in the U.

EasyScan Dashboards are reports that can track multiple EasyScans at one time. Nevertheless, the OTM butterfly spread offers option traders at least three unique advantages. In the chart below I show you how it is possible to plot over different fundamental variables from the balance sheet, income statement, and financial performance onto a chart. Here are some of the hottest new features. To put it another way, an OTM butterfly is a "directional" trade. I have never had an issue where it was not solved more or less immediately. Defeasance The setting aside by a borrower of cash or bonds sufficient to service the borrower's debt. Offers are often made contingent upon resolution of the due diligence process. The net effect of this action is to create a "profit range," a range of prices within which the trade will experience a profit over time. Do not reproduce without explicit permission. See: Sinking fund. If stock prices are rising, do not sell. Determined by dividing long-term debt by common stockholder equity. Depository Institutions Deregulation and Monetary Control Act The federal legislation that ended the regulation of the banking industry. Also used for odd-lot transactions to occur at the prices and quantities available. Delivery notice The written notice given by the seller of its intention to make delivery against an open , short futures position on a particular date. Delayed opening Postponement of the start of trading in a stock until correction of a gross imbalance in buy and sell orders. Want to learn more? Deal flow In investment banking , the rate at which new deals are referred to a brokerage firm. Deliverable bills The Treasury bills that fulfill a set of guidelines set forth by the exchange on which the bills are traded.

Days in receivables Average collection period. Discount Arbitrage A riskless arbitrage in which a discount option is purchased and an opposite position is taken in the underlying security. Date of issue Used in the context of bonds to refer to the date on which a bond is issued and when interest accrues to the bondholder. Demand loan A loan which can be called by the lender at any time and carries no set maturity date. Distressed securities A security of a firm that has declared or is about to declare bankruptcy. If you want to perform powerful back testing or trading automation, then TC is not for you. Deferred annuities offer deferral of taxes with the option of withdrawing one's funds in the form of life annuity. Downtick Move down in a particular stock. Depository institution A financial institution that obtains its funds mainly through deposits from the public. Direct search market Buyers and sellers seek each other directly and transact directly. Taking a look at the image on the right you can see how well planned the order execution is from the chart.

Dividend requirement The annual earnings minimum required for payment of dividends on a preferred stock. Dividend rate The fixed or floating rate paid on preferred stock based on par value. Declare The Board of Directors motion to authorize dividend payments. Very useful. Dividend rights A shareholder's rights to binary put option example the when of forex trading per-share dividends identical to those other shareholders receive. See: Listed security. Discharge of lien An order terminating a lien on property. Day of deposit to day of withdrawal account A bank account that pays interest according to the number of days that the money is actually on deposit. Downtick Move down in a particular stock. Dating Credit extension beyond normal terms of a credit supplier. Discounting Calculating the present value of a future .

Double top A term used in technical analysis to refer to the rise of a stock's price, a drop, and then a rise back to the same level as the original rise. Durable merchandise Goods that have a relatively lengthy life television sets, radios, etc. Designated order turnaround system DOT Computerized order entry system that allows orders to buy or sell large baskets of stock to be transmitted immediately to the specialist on the exchange, where execution will occur quickly, depending on the basket size. Depressed price In the context of stocks, stock whose market price is low in comparison to stocks in its sector. Direct Purchase Plan A plan that enables interested first-time individual investors to purchase a company's stock directly from the company or without the direct intervention of a broker. If you want social community and integrated news, you will need to roll back to TC v Discounting Calculating the present value of a future amount. TC also offers a nice implementation of options trading and integration, you can scan and filter on a large number of options strategies and then execute and follow them directly from the charts. Distribution area An established price range in which a stock has been trading in for a significant amount of time. Documentary collections Trade transactions handled on a draft basis. Related Articles.

When to Roll an In The Money Covered Call