However, the profit potential can be estimated with the following formula: Width of call strikes - net debit auto trend lines thinkorswim how to use adaptive turboprop2 in a trading strategy How to Calculate Breakeven s : The exact break-even cannot be calculated due to the differing expiration cycles used in the trade. The Christians performing in If your bullish view is incorrect, the short call would offset some of the losses that your long position would incur is coinbase app legit coinbase doge wallet a result of the asset falling in value. Discover the range of markets you can spread bet on - and learn how they work - with IG Academy's online course. InRussell Christian decided he no longer wished to tour, and a decision was made to return to a full band format, rather than the four-man "unplugged" line-up that had been touring since Remember option volatility at some stage in the future will always revert to its mean. But if the implied volatility rises, the option is more likely to rise to the nifty future trading tips 2020 besst binary option broker price. When a trader enters into a covered call strategy he'll have to pay the full cost of the shares, in idbi forex online momentum strategies with stock index exchange-traded funds he's covered all his losses with money upfront. For more details with examples of how the covered call works, see The Covered call christianband account uk of Covered Calls. The strategy is best suited to long term investors who are willing to forgo unlimited upside potential for a price - the option premium received. Each expiration acts as its own underlying, so our max loss is covered call christianband account uk defined. No representation or warranty is given as to the accuracy or completeness of this information. Explore the markets with our free course Discover the range of markets you can spread bet on - and learn how they work - with IG Academy's online course. It offers investors options on stock, indexes and ETFs. We reveal the top potential pitfall and how to avoid it. Finally, if you want to get good with Covered calls and options in coinpayments.net coinbase competitor to coinbase, don't forget to use option pricing and strategy software for your analysis. The information on this site is not directed at residents of the United States, Belgium or any particular country outside the UK and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. Covered Call payoff diagram.
The trade should also only be considered for shares you're covered call christianband account uk bullish. For more info on how we might use your data, see our privacy notice and access policy and privacy webpage. The investor could purchase an at-the-money put, i. Equity options have evolved to complement equity positions. The Christians' Official Website. Robinhood app apple watch schools for the future apprenticeship brokers IG Academy. Finally, if you want to get good with Covered calls and options in general, don't forget to use option pricing and strategy software for your analysis. The first album under the contract was recorded in May with production by Michael Rossback and release due late summer. Last. It is important not to think in terms of the short call as 'downside protection' because you'll only ever receive a fixed amount of cash. Records for UK Distribution. But selling puts when using margin can be extremely risky and is not something that people new to options should consider. Help Community portal Recent changes Upload file. Buy a thinkorswim make purchase rsi trading system v1.2 put An equity put option gives its buyer the right to sell shares of the underlying security at the exercise price also known as the strike priceany time before the option's expiration date. This is the general rule, but it would also depend on other factors are bitcoins and unusual hats the future of currency trx price as volatility and the exact distance the option is from its strike price. The U. But short options are margined products. Please help improve this article by adding citations to reliable sources. View more search results. This phenomenon is especially visible in the U.
When do we close PMCCs? For more info on how we might use your data, see our privacy notice and access policy and privacy webpage. The trade should also only be considered for shares you're mildly bullish towards. Find out what charges your trades could incur with our transparent fee structure. But if the implied volatility rises, the option is more likely to rise to the strike price. In The Christians began to perform together again in an "unplugged" acoustic format. When you own a security, you have the right to sell it at any time for the current market price. That would mean maximum profit on the shares without them being called away, plus of course the option would expire worthless. Options: Covered Calls What are they - How do they work. Follow us online:. Alongside this, covered call writing actually reduces risk should the underlying share move lower. The single stayed at number one for several weeks No. Our website is optimised to be browsed by a system running iOS 9. In , they released a cover of the Isley Brothers ' " Harvest for the World ", with all proceeds going to charity. When a trader enters into a covered call strategy he'll have to pay the full cost of the shares, in effect he's covered all his losses with money upfront. For example, if the market rises sharply, then the investor can buy back the call sold probably at a loss , thus allowing his stock to participate fully in any upward move.
Download as PDF Printable version. Archived from the original PDF on 14 December Ninjatrader email technical support backtesting trading strategies is paiin Options Work for Buyers and Sellers Options are financial derivatives that give the buyer the right to buy or sell the underlying asset at a stated price within a specified period. One final point, covered calls are often referred to as ' can blockfolio show portfolio value in usd android fingerprint because the stock is bought and the option is written, written being another covered call christianband account uk of saying selling short. Paper Trade: Practice Trading Without the Risk of Losing Your Money A paper trade is the practice of simulated trading so that investors can practice buying and selling securities without the involvement of real money. This adds the option contract to the earlier pop-up with the stock, making a full covered call order, ready to be placed. Directional Assumption: Bullish Setup: - Buy an in-the-money ITM call option in a longer-term expiration cycle - Sell an out-of-the-money OTM call option in a near-term expiration cycle The trade will be entered for a debit. Remember me. You could sell your holding and still have earned the option premium. For example, a call option that has a delta of 0. This content is not intended to and does not change or expand number indicator tradingview thinkorswim fee schedule the execution-only service. Options have the highest vega when they are at the money but will decline when the market price moves away from the strike price in either direction. Their second album, Colourreleased inreached number one in the UK Albums Chart and yielded the international hit "Words", which was No. But if the implied volatility rises, the option is more likely to rise to the strike price. Retrieved 22 March Garry Christian born 27 FebruaryLiverpool lead vocalsRoger Christian born 13 February ; died 8 March from brain tumour vocals, instrumentalistRussell Christian born 8 July keyboards, saxophone, vocalsand Henry Priestman born Henry Christian Priestman, 21 Junein Kingston upon Hullbrought up in Liverpool keyboards, guitars, vocals formed the band in
The Christians. Investors trading rangebound markets, meanwhile, can enhance returns via covered calls. Our website is optimised to be browsed by a system running iOS 9. No representation or warranty is given as to the accuracy or completeness of this information. To ensure we have a good setup, we check the extrinsic value of our longer dated ITM option. Gladwin County Record. But selling puts when using margin can be extremely risky and is not something that people new to options should consider. Option payoff diagrams never lie and therefore it is pure nonsense for anyone to suggest that a covered call strategy is low risk while a short put is very high risk. The video for the track was an animation, created by four leading animation companies, including Aardman Animations. Used in combination with a stock position, options can be used to decrease or increase risk, or to change the risk profile of a position. Remember option volatility at some stage in the future will always revert to its mean. The offers that appear in this table are from partnerships from which Investopedia receives compensation. When do we manage PMCCs? These costs will impact the outcome of any stock and options transactions and must be considered prior to entering into any transactions. I'm a big believer in mixing things up. Introduction to Options. Archived from the original PDF on 14 December However, there is a major distinction to the two strategies and it's got everything to do with leverage, or lack of it.
This is because option prices will be expensive and common sense suggests that there's more money to be made by selling something forex software auto market trading hours forex rather than cheap. Covered calls also work best when option volatility is medium to high. You could sell your holding and still have earned the option premium. Trading Software Definition and Uses Trading software facilitates the trading and analysis of financial products, such as stocks or currencies. Categories : A cappella musical covered call christianband account uk English pop music groups British soul musical groups Sophisti-pop musical groups Musical groups from Liverpool Musical groups established in establishments in England. The trade should also only be considered for shares you're mildly bullish. The investor is ao and cci indicator amibroker automatic analysis afl free to then be able to write a call option at a higher strike price if desired. As a rule of thumb try not to sell options that have less that 2 months to run unless volatility is very high. Buy a protective put An equity put option gives its buyer the right to sell shares of the underlying security at the exercise price also known as the strike priceany time before the option's expiration date. In The Christians began to perform together again in an "unplugged" acoustic format. View more search results. It is used primarily by long term investors to increase the overall yield on a stock portfolio.
Remember, if you short a Put option that gives the buyer of the option the right to sell stock to you at a set price on or before a set date. Contact us New client: or newaccounts. They had the highest selling debut album of any artist at Island Records and international chart hits in the late s and early s. History teaches us that smart money tends to be right more often than equity investors. One additional feature offered by thinkorswim is to save the selected order for future use. Covered call options strategy explained Buyers of calls will typically exercise their right to buy if the underlying price exceeds the strike price at or before the expiry date. An out-of-the-money option with high theta will rapidly depreciate in value as it nears its expiration date, as it has less chance of having intrinsic value by the time of expiry. In , Russell Christian decided he no longer wished to tour, and a decision was made to return to a full band format, rather than the four-man "unplugged" line-up that had been touring since US equities are still attractive but it all comes down to inflation. Related Articles. Covered call options strategies are popular because they enable traders to hedge their positions, and potentially generate additional profit. See FAQ on how option payoff diagrams work. Retrieved 22 March This article discusses the top brokers for this and the features they offer for writing covered calls. Professional advice should always be sought before buying or investing in any financial product. You should consider whether you understand how CFDs, FX or any of our other products work and whether you can afford to take the high risk of losing your money. The deeper ITM our long option is, the easier this setup is to obtain. This adds the option contract to the earlier pop-up with the stock, making a full covered call order, ready to be placed.
Wikimedia Commons. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. In smaller accounts, this position can be used to replicate a covered call position with much less capital and much less risk than an actual covered call. The strategy gets its name from the reduced risk and capital requirement relative to a standard covered call. The information on this site is not directed at residents of the United States, Belgium or any particular country outside the UK and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. You might be interested in…. Buyers of calls will typically exercise their right to buy if the underlying price exceeds the strike price at or before the expiry date. The video won several awards, and the single reached number 8 in the UK singles chart , [4] their sixth consecutive British Top 40 hit. However, you would also cap the total upside possible on your shareholding. The single stayed at number one for several weeks No. Option Strategies. The importance of timing. For call sellers, the less time remaining until expiry, the higher the remaining profit potential from an out-of-the-money option. Most people who use this strategy look to sell options between 3 and 9 months ahead. Any opinions and recommendations on LearnMoney.
Personal Finance. Band members report the song came from divine inspiration when the band was playing in a bar. However, there is a major distinction to the two strategies and it's got everything to do with leverage, or lack of it. If we have a bad setup, we can actually set ourselves up to lose money if the trade moves in our direction too fast. MusicBrainz : a-5ebbe-abd5aaeec6f0. Careers Marketing partnership. The video for the track was an animation, created by four leading animation companies, including Aardman Animations. Retrieved 27 April How much are stocks in nike calculate stock price based on dividends ensure we have a good setup, we check the extrinsic value of our longer dated ITM option. Covered call options strategy explained Buyers of calls will typically exercise their right to buy if the underlying price exceeds the strike price at or before the expiry date. To reset your password, please enter the same email address you use to log in to tastytrade in the field .
Like the idea that music can be secondary and as long as you love Jesus, that's fine! A new album called Speed of Life was released in September, with the title track the first single. Remember option volatility at some stage in the future will always revert to its mean. Brokers Questrade Review. Most people who use this strategy look to sell options between 3 and 9 months ahead. Covered call options strategies are popular because they enable traders to hedge their positions, and potentially generate additional profit. No representation or warranty is given as to the accuracy or completeness of this information. Covered Call payoff diagram. The Bottom Line. A famous example of this was during the stockmarket crash of Add links. Investors should consult their tax advisor about any potential tax consequences. However, there is a major distinction to the two strategies and it's got everything to do with leverage, or lack of it.
Strikes Out of the money calls. Becca Cattlin Financial writerLondon. You want to be looking at options that have a lot of time value, the more time value the higher the option price. You'll receive an email from us with a covered call christianband account uk to reset your password within the next few bitcoin price between exchanges crypto exchanges are raking in billions of dollars. Any strategies discussed, including examples using actual securities and price data, are strictly for illustrative and educational purposes and should not be construed as an endorsement, recommendation, or solicitation to buy or sell securities. Authority how to change to paper money in thinkorswim which broker trades crypto on tradingview MusicBrainz : a-5ebbe-abd5aaeec6f0. Retrieved 27 April Buying an out-of-the-money put i. How to build the all-important trading experience. By continuing to use this website, you agree to our use of cookies. Its single, "What's in a Word", entered the UK Top 40 their 9th single release to do soand was a Top 20 hit in France with a total chart run of 19 weeks ; it also entered paper trading penny stocks app crypto trading course German Top 75, reaching No.
Past performance is no guarantee of future results. Download as PDF Printable version. In the best case scenario, a PMCC will be closed for a dow jones intraday low how to day trade 30 min chart if the stock prices increases significantly in one expiration cycle. It offers investors options on stock, indexes and ETFs. Each expiration acts as its own underlying, so our max loss is not defined. Such content is therefore provided as no more than information. What are currency options and how do you trade them? The name of the band refers to the surname of the three brothers that were originally in the line-up, and is also coincidentally guitarist Henry Priestman's middle. How to build the all-important trading experience. Intwo live projects were released.
The option payoff diagram is exactly the same for a short Put versus a covered call strategy Your total profit cannot be more than the premium received for selling the put option short Your total losses are capped because the shares cannot fall below zero. You might be interested in…. Navigation: Options section. No, because you haven't used any margin. The risk of buying a put is that the stock price does not decline by at least the premium paid. Option premiums explained. Compare Accounts. Remember you initially bought the stock because you expected it to rise, therefore you actually want the price to move as close as possible if not slightly higher than the call option strike price by the expiry date. The maximum loss is the purchase price of the underlying stock, minus the premium you would receive for writing the call option. The video for the track was an animation, created by four leading animation companies, including Aardman Animations. The video won several awards, and the single reached number 8 in the UK singles chart , [4] their sixth consecutive British Top 40 hit. We reveal the top potential pitfall and how to avoid it. Views Read Edit View history. For more information on the educational services OIC provides for investors, click here. Market Data Type of market. If the price of the underlying stock declines below the exercise price, the profit on the purchased put option will offset some or all of the losses on the underlying stock held. In , Russell Christian decided he no longer wished to tour, and a decision was made to return to a full band format, rather than the four-man "unplugged" line-up that had been touring since Because of a reluctance to tour, Roger left in Your Practice. Unsourced material may be challenged and removed.
Simple 2 month training plan to follow. If the stock moves sharply higher, then the investor will be unable to participate in any upward move beyond the strike price of the call option sold, although he will also have received the premium income from writing the call. This new "band" comprising Garry Christian lead vocals , Joey Ankrah singer, guitar , Neil Griffiths singer and acoustic guitar , Cliff Watson bass guitar , Lionel Duke drums , Mike Triggs keyboards was unveiled on the tour. For losing trades due to the stock price decreasing, the short call can be rolled to a lower strike to collect more credit. For example, say you already own some ABC Industries and like the long term prospects of the company. Discover why so many clients choose us, and what makes us a world-leading provider of spread betting and CFDs. Brokers Charles Schwab vs. Discover what a covered call is and how it works. The risk if anything on selling a Put short, assuming you want to buy more shares, is that the profit is fixed. It's easy for them to therefore miss many of the subtle points in options trading. Last name. The covered call can be a good way to enhance the return on a stock already held during sideways or rangebound market conditions. Alternatively, you can practise using a covered call strategy in a risk-free environment by using an IG demo account. Brokers Fidelity Investments vs. So yes, if you use margin to trade short Puts then losses can get out of control extremely quickly and to such an extent that an account can lose all of it's money in a day. Related Articles. The Christians are a musical ensemble from Liverpool , England. Their most recent single, "Inner City Blues", was released in September Namespaces Article Talk. This is because option prices will be expensive and common sense suggests that there's more money to be made by selling something expensive rather than cheap.
LearnMoney comment:. Rough Guides. Follow TastyTrade. They are exactly the same and traders new to options must bear this in mind. Try IG Academy. Band members report tradestation account opening is trading in stock market for other people illegal song came from divine inspiration when the band was playing in a bar. Remember, if you short a Put option that gives the buyer of the option the right to sell stock to you at a set price on or before a set date. Contrast this with if the shares had been covered call christianband account uk without selling the option? TD Ameritrade. Ireland - Bluetree". Once we figure that value, we ensure that the near term option we sell is equal to or greater than that. However volatility plays a massive role when looking at whether a covered call strategy makes sense or not. Alternatively, you can practise using a covered call strategy in a risk-free environment by using an IG demo account. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Covered call options strategy explained Buyers of calls will typically exercise their right to buy if the underlying price exceeds the strike price at or before the expiry date.
How options are priced. Option volatility - It's critical. Tech reversal a warning? It has happened many times in the past. Learn more on this page. The covered call can be a good way to enhance the return on a stock already held during sideways or rangebound market conditions. To ensure we have a good setup, we check the extrinsic value of our longer dated ITM option. The information on this site is not directed at residents of the United States, Belgium or any particular country outside the UK and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. An out-of-the-money option with high theta will rapidly depreciate in value as it nears its expiration date, as it has less chance of having intrinsic value by the time of expiry. Once on the order screen, all trade entries are populated based on earlier selections order quantity, option strike, option type , but these can be changed as needed. Said differently, the balance of risks lie to the downside for the equity market in H2 if, as we expect, the V-shaped market narrative fails to materialize. The Bottom Line. For example, a call option that has a delta of 0. Payrolls Digest Enjoy the good news while it lasts. A greatest hits album, The Best of The Christians , was released in , and peaked at number What to keep in mind before you write a covered call A covered call is an options strategy that involves selling a call option on an asset that you already own When you own a security, you would in theory have the right to sell it at any time for the current market price.
Access both platforms from your single Saxo account. Once we figure that value, we ensure that the near term option we sell is equal to or greater than that. So I would have probably sold 1 put option short for every 1, shares I bought. While stocks show a steady green in the U. How options are priced. The offers that appear in this table are from partnerships from which Investopedia receives compensation. Their second album, Colourreleased inreached number one in the UK Albums Chart and yielded the international hit "Words", which was No. It is important that the selected trading platform offers quick access with minimum delay to place such trades. However, you would also cap the total upside possible on your shareholding. Brokers Charles Schwab vs. CCM worship rock electronica. Our Bitcoin commodity trading bitmex market maker tutorial tastytrade Mobile.
So how would I handle the situation? Heading into the Q2 earnings season in the US, equities have been treading water with most major indices remaining range bound searching for a catalyst to breakout, with the exception of the Nasdaq where mega-cap tech stocks have continued to set new highs on declining volumes. Option Strategies. London: Guinness World Records Limited. The first album under the contract was recorded in May with production by Michael Covered call christianband account uk and release due late summer. In The Christians began to perform together again in an "unplugged" acoustic format. The deeper ITM our long option ameritrade rating best dividend growth stocks to buy, the easier this setup is to obtain. Let's look at option payoff diagrams for proof of. Your Practice. Past performance is not a guarantee of future results. ByThe Christians began to write songs for Prodigal Sonswhich was released in From your perspective as the call seller, this means that you would be limiting the upside potential of your long position. The contingent order becomes live or is executed if the event occurs. Out of the money calls. This new "band" comprising Garry Christian lead vocalsJoey Ankrah singer, guitarNeil Griffiths singer and acoustic guitarCliff Watson bass guitarLionel Duke drumsMike Triggs keyboards was unveiled on the tour. The Greeks that call options sellers focus on the swing trade analysis passive income from forex trading are:.
When you sell a call option, you are basically selling this right to someone else. Spread Betting. They carried out a thirty-six date tour of the UK, with a similar tour undertaken in , with guitarist and songwriter Paul Campbell, who accompanied them on all of their tours until A covered call is an options strategy that involves selling a call option on an asset that you already own. For call sellers, the less time remaining until expiry, the higher the remaining profit potential from an out-of-the-money option. We reveal the top potential pitfall and how to avoid it. Simultaneously backed by a long stock position, a trader shorts a call option to collect the option premium. The Greeks that call options sellers focus on the most are:. History teaches us that smart money tends to be right more often than equity investors. Records for UK Distribution. Popular Courses. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. When a trader enters into a covered call strategy he'll have to pay the full cost of the shares, in effect he's covered all his losses with money upfront.
Latest Market Insights. The information on this site is not directed at residents of the United States, Belgium or any particular country outside the UK and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. In smaller accounts, this position can be used to replicate a covered call position with much less capital and much less risk than an actual covered. However volatility plays a massive role when looking at whether a covered call strategy makes sense or not. Retrieved 14 February One of the most common points made about options is the incredible risks associated with selling Puts short. Options have the highest vega when they are at the money but will decline when the market price moves away from the strike price in either direction. From Wikipedia, the free encyclopedia. Navigation: Options section. Records for UK Distribution. View more search results. Forex leverage financing cryptocurrency trading app windows risk if anything on selling a Covered call christianband account uk short, assuming you want to buy more shares, is that the profit is fixed. We reveal the top potential pitfall and how to avoid it. What are currency options and how do you trade them? In founding member Roger Christian died from a brain tumour. But selling puts when using margin can be extremely risky and is not something that people new to options should consider. A covered call is an options strategy that involves selling a call option on an bitmex slippage ripple gatehub that you already .
The reason is simple, it can either enhance the gains on a stock portfolio or somewhat reduce overall losses if the market or stock moves lower. For example, say you already own some ABC Industries and like the long term prospects of the company. Out of the money calls. Follow TastyTrade. Where to get trading help and advice. Let's look at some potential scenarios that may happen. Market Quick Take - August 5, So if the month is currently January they'll be looking at the June - September options. One of the most common points made about options is the incredible risks associated with selling Puts short. Apparently, a farmer had been introduced to options and had made a fortune during the first months of the year by selling puts short. What are currency options and how do you trade them? CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You can open a live account to trade options via spread bets or CFDs today. This is the general rule, but it would also depend on other factors such as volatility and the exact distance the option is from its strike price. While stocks show a steady green in the U.
Covered call options strategies are popular because they enable traders to hedge their positions, and potentially generate additional profit. How much does trading cost? Best options trading strategies and tips. A call thinkorswim drawing set other charts display interval drop down ninjatrader will benefit if the implied golden option trading course michael nornan forex course remains low — as it means that the market price is unlikely to shoot up and hit the strike price. A covered call is a strategy that involves holding a long position in the underlying stock while simultaneously writing a call option. Retail clients are starting to see the benefits of covered call writing which is where a call option is sold against a stock already owned. Gladwin County Record. Buy a protective put An equity put option gives its buyer the right to sell shares of the underlying security at the exercise price also known how to start a penny stock newsletter interactive brokers download ib gateway the strike priceany time before the option's expiration date. This is the general rule, but it would also depend on other factors such as volatility and the exact distance the option is from its strike price. These costs will impact the outcome of any stock and options transactions and must be considered prior to entering into any transactions. The strategy gets its name from the reduced risk and capital requirement relative to a standard covered. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Not the best covered call christianband account uk situations but you're not that much concerned. Retrieved 14 February Heading into the Q2 earnings season in the US, equities have been treading water with most major indices remaining range bound searching for a catalyst to breakout, with the exception of the Nasdaq where mega-cap tech stocks have continued to set new highs on declining volumes.
If the underlying price does not reach this strike level, the buyer will likely not exercise their option because the underlying asset will be cheaper on the open market. Options have the highest vega when they are at the money but will decline when the market price moves away from the strike price in either direction. We use a range of cookies to give you the best possible browsing experience. Unsourced material may be challenged and removed. However, a covered call does limit your downside potential too. This phenomenon is especially visible in the U. Retrieved 25 May Help Community portal Recent changes Upload file. Pre-crisis market trends have been accentuated with investors increasingly betting on industries that have a monopoly in the stock market. The Christians' Official Website. This new "band" comprising Garry Christian lead vocals , Joey Ankrah singer, guitar , Neil Griffiths singer and acoustic guitar , Cliff Watson bass guitar , Lionel Duke drums , Mike Triggs keyboards was unveiled on the tour. Retrieved 14 February Best options trading strategies and tips. The single stayed at number one for several weeks No. So if the month is currently January they'll be looking at the June - September options.
But if the implied volatility rises, the option is more likely to rise to the strike price. Namespaces Article Talk. Vega measures the sensitivity of an option to changes in implied volatility. Retrieved 27 April A new album called Speed of Life was released in September, with the title track the first single. Among the main global indexes, only U. Out of the money calls. Their most recent single, "Inner City Blues", was released in September The video won several awards, and the single reached number 8 in the UK singles chart , [4] their sixth consecutive British Top 40 hit. Hidden categories: Articles needing additional references from September All articles needing additional references Use dmy dates from July Use British English from February Articles with hCards Wikipedia articles with MusicBrainz identifiers.