So the strike price of the call you sell is the upper bound on your potential gain.

WSJ: Stocks Are Riskier Than You Think

My best guess would be that their calculation gives us an upper bound and the actual effect will be above zero but lower than their number.

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And in a speech recently he made clear that he's worried that inflation is at the upper bound of what he and other Fed officials feel is comfortable.

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If Sony want to be aggressive, they can obviously go lower, but this is likely the upper bound of what it will cost Sony to actually make a PS4.

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In effect, the bank now has a target range for short-term rates: the upper bound is the 1% refi rate and the lower bound is the rate the central bank pays on banks' deposits with it, currently 0.25%.

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The author was asked to find out how much Jewish-owned property there was, and in what form it had been held, in order to establish an upper bound for the amount that might have been transferred to supposed safety in Switzerland.

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That is because in any lower income group, with both an upper and lower bound to the incomes included, the average or mean income will always be much closer to the median.

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Prices are still choppy, sideways and range-bound, but the market is now in the very upper boundary of its trading range, suggesting an upside breakout is possible soon.

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