JSE launches retail equity options

first_img27 July 2009 Benefits of equity options According to the JSE, smaller contract sizes will bring new affordability to the options market in South Africa and open it up to the man and woman in the street. “The JSE has a well-established wholesale options market catering for institutional investors, but we have never focused on the retail investor before,” JSE derivatives trading head Allan Thomson said in a statement this week. “Options provide numerous benefits to retail investors, and are especially relevant in these turbulent economic times.” As with purchasing a futures contract, investors will need to use their existing futures account or open a SAFEX account with a broker. “Like equity futures, options allows investors and speculators to benefit from the movement of the share price, but differ in that they come with a ‘built-in insurance policy’, where the investor is able to resign a contract at any point in the contract term,” the JSE says. Investors and traders can use options to profit from a movement in the underlying shares without the costs of trading the shares themselves. Options give you exposure to movements in the share price for a fraction of the cost of purchasing the shares themselves. They offer investors time to decide whether they want to buy or sell a share. Buying an option enables you to defer your decision until the option’s date of expiry. “In layman’s terms, the investor can decide to abandon the contract if the price is not in his or her favour,” Thomson explained. “Of course, like an insurance policy, the investor will pay a premium for this peace of mind.” According to the JSE, the market maker Nedbank will be quoting option prices in sizes as small as 5 contracts in 50 point strike intervals for index options and 50 cent strike price intervals for single stock options.center_img According to the JSE, equity options can benefit investors in the following ways: Index options which are based on a basket of shares as opposed to a single share, provide diversified exposure, without having to invest directly in the many stocks that make up the index. Options give the investor the right, but not the obligation, to buy or sell an underlying asset at a predetermined price at a set date in the future. ‘Built-in insurance policy’ They can be used to protect the value of one’s shares from a falling market at an affordable cost. Without using put options (the right to sell), in a market downturn you have no protection against prices declining. Options are often described as the only guaranteed stop loss, as falling markets cannot pass through the agreed price (known as the strike price). South Africa’s JSE has launched retail equity options, which include single stock options on the top 20 companies in the FTSE/JSE Top 40 Index and index options on the Top 40 Index itself. This new investment avenue complements the existing equity futures market, and will increase both trading volumes and liquidity in market. SAinfo reporter Would you like to use this article in your publication or on your website? See: Using SAinfo materiallast_img read more

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On-Site Storage Is the Great Equalizer

first_imgThe need for on-site storage technologyAs companies such as Tesla/SolarCity and Mercedes produce more affordable batteries for electric vehicles, energy storage technology is spilling into the housing sector. Grid connection is essential for zero-energy buildings, which need to bank excess production from sunny times to use at night and on cloudy days. The disconnect between when energy is produced by solar panels and when it is needed to meet peak demand remains a problem. On-site battery storage offers a solution.While utility-scale, grid-based storage is coming online in California and Hawaii, battery products can now be installed behind home electric meters and intelligently integrated with the grid. Tesla’s new Powerwall 2 includes a built-in inverter that converts the direct current from panels into alternating current for household use and exports power to the grid when energy is most in demand. Thinking big, every one of California’s “million solar roofs” could easily contribute to the overall energy mix making the energy grid more efficient. Will a Merged Tesla-SolarCity Put a Solar-Powered Battery in Every Home?Tesla Will Sell Home BatteriesVermont Utility Is the First to Offer Tesla BatteryA First in New England: Utility-Scale Battery StorageBatteries for Off-Grid Homes Are Solar-Plus-Battery Systems Coming to a Neighborhood Near You? We are now in a world where decentralized electricity production, such as rooftop solar, is more viable than ever for the public and more threatening than ever to utilities. The public is more willing to adopt in-home renewables thanks to reliable technology, solid performance, declining costs, and the growing availability of loans.Utilities are threatened by uncertainty about how to integrate thousands of new decentralized energy sources into the existing network. And ratepayers without rooftop solar are fearful that their rates will rise. On-site energy storage is one new technology that promises to address all sides of this dilemma. The challenge of net-energy meetingMost utilities have reluctantly agreed to “net energy metering” arrangements when negotiating rate cases with state regulators. Net metering means that utilities accept energy from decentralized sources, although contract terms vary widely around the U.S. The phenomenal growth of these systems shows huge promise for addressing climate change, pollution, and national energy security.When there were few decentralized producers, mostly rooftop photovoltaic arrays, there wasn’t much of a problem for the grid. Unfortunately, electric utilities are largely dealing with an electricity grid that doesn’t look much different from the days when George Westinghouse and Nicola Tesla installed the first large-scale powerhouse at Niagara Falls. The grid is in desperate need of a 21st century upgrade in order to better meet peak demand and integrate decentralized energy production. Time-of-use pricingThere is a third possible scenario that would benefit a solar/storage setup most of all and it involves time-of-use pricing. Although uncommon, this rate structure changes prices to reflect the actual cost of utility power. The most expensive energy coincides with the highest demand for electricity, which usually occurs in late afternoon or early evening. Retail customers would save money if they used batteries to carry them through the high-priced peak. This would be true even if the batteries were charged with grid power rather than solar. Benefits for owners and utilitiesUtilities benefit from on-site storage in two ways. First, they don’t have to supply as much power to the home during peak hours. Second, with smart integration and a fair net-metering agreement, utilities could pull stored energy into the grid to meet a short-term need. Later, when demand subsides, batteries could be recharged with grid power or the customer could be paid a fair price for the amount of energy he or she supplied.On-site storage is good for solar panel owners, because it allows power shifting from daytime production peaks to evening consumption peaks. Few zero-energy homes use as much energy at midday as they produce. But when evening arrives, families begin to use lights, appliances, and energy-sucking devices like game consoles. On-site storage allows them to use banked energy to offset evening use when demand and utility production costs are higher.Whether specific customers benefit from on-site storage depends on how they are credited for power returned to the utility under their net metering agreements. One factor is the timing of credit expiration. Some agreements generously set an annual expiration, usually each spring. This allows credits to accumulate over the sunny months to be used during the cloudy winter months. These customers don’t have much to gain from on-site storage other than as an emergency back-up, because they gain full value for the excess energy they return to the grid.In other agreements, credits may expire each month. During sunny months that could mean leaving hundreds of kWhs on the table. For these customers, batteries allow the excess energy from each day to be used that same night. This reduces the amount that would be lost each month, and saves the customer money.Under some net-metering contracts there is a difference in the customers’ buy price and their sell price. These customers receive a lower price when selling excess power than it costs them to buy power from their utility. The sell rate is often based on the utility’s wholesale power costs, which can be anywhere from 20% to 50% of the retail price. Solar owners may generate excess power during the day and sell it at the wholesale rate, but buy power later the same day at the full retail price.Batteries store excess power on-site, so customers use it themselves. This replaces power that they would have purchased from the utility at the higher retail price. In essence, on-site storage allows owners under these types of net metering contracts to capture the full retail value of the energy they produce.center_img On-site storage allows solar owners to store excess energy for later use, even during a power outage. Residential-scale batteries hold between 5 and 20 kWh of electricity. This is in the same range as the 15 to 20 kWh used per day by a typical newly constructed American home. Batteries currently available will help a typical zero-energy home even out the peaks and valleys of daily energy fluctuation. A win-win-win solutionThe grid will still be needed to address the bigger seasonal fluctuations from sunny seasons to cloudy ones. However, on-site storage can be valuable to consumers and utilities as it balances daily supply and demand variations. In the future, successful grid integration will require each zero-energy building to capture excess production on site for later use and make that stored energy available to the grid as needed.Properly done, it will make the grid more efficient and keep energy prices lower for everyone. On-site energy storage will be a benefit for homeowners with solar collectors, for electric utilities, and for ratepayers without solar. It’s the kind of win-win-win solution the world needs to make the shift to mainstream zero-energy living. RELATED ARTICLES Bruce Sullivan is a building science consultant. This post originally appeared at Zero Energy Project.last_img read more

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Manganti game-winner lifts Adamson past UP

first_imgThe Falcons tied Far Eastern U at third place with a 4-2 record while the Maroons dropped to 3-3.UP had one second to either go for the win or shoot for the tie, but Manganti was again on the right spot to tap Jun Manzo’s pass away in the final inbounds play.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutoutAdamson head coach Franz Pumaren breathed a huge sigh of relief after his team struggled to create distance from UP the entire game.“I guess we were lucky to win the game, the whole game we were struggling, we had a bad start, a flat start, and we made a lot of mental mistakes,” said Pumaren as the Falcons ended the first quarter behind UP, 25-19. MOST READ Fire hits houses in Mandaluyong City Brazil is in; Argentina still fighting for a World Cup spot Don’t miss out on the latest news and information. LOOK: Loisa Andalio, Ronnie Alonte unwind in Amanpulo for 3rd anniversary “We were going through the motions and I guess is a good test on our part that in the crucial moments of the game we can survive a game like this.”Jerrick Ahanmisi had game-high 21 points, 17 alone in the second quarter, on 8-of-11 shooting while Sarr added six points and 16 rebounds.Paul Desiderio and Manzo had 19 points apiece to lead the Fighting Maroons while Javi Gomez De Liaño missed out on a double-double as he finished with eight points and 14 boards.ADVERTISEMENT LATEST STORIES Frontrow holds fun run to raise funds for young cancer patients  BSP sees higher prices in November, but expects stronger peso, low rice costs to put up fight For the complete collegiate sports coverage including scores, schedules and stories, visit Inquirer Varsity. Typhoon Kammuri accelerates, gains strength en route to PH View comments Brace for potentially devastating typhoon approaching PH – NDRRMC Fire hits houses in Mandaluyong City Nonong Araneta re-elected as PFF president Photo by Tristan Tamayo/INQUIRER.netSean Manganti’s clutch tip-in lifted Adamson over University of the Philippines, 73-71, in the UAAP Season 80 men’s basketball tournament Wednesday at Smart Araneta Coliseum.With the scores tied at 71, Jerrick Ahanmisi and Papi Sarr misfired on their game-winner attempts but Manganti was there to grab the offensive board and score the putback with a second left on the clock.ADVERTISEMENT Read Next Sports venues to be ready in time for SEA Games PLAY LIST 00:59Sports venues to be ready in time for SEA Games01:27Filipino athletes get grand send-off ahead of SEA Games00:50Trending Articles01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Gameslast_img read more

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D-League: JRU debuts in style with 29-point drubbing of Mila’s Lechon

first_imgPBA IMAGESJose Rizal University unveiled its new look roster with a rousing 96-67 win over Mila’s Lechon in the 2018 PBA D-League Aspirants’ Cup Thursday at Ynares Sports Arena in Pasig.Veterans Jeckster Apinan, Ervin Grospe, and Paolo Pontejos steadied the ship for the Heavy Bombers to give head coach Gio Lasquety his first win as a head coach.ADVERTISEMENT Kammuri turning to super typhoon less likely but possible — Pagasa Globe Business launches leading cloud-enabled and hardware-agnostic conferencing platform in PH NCAA volleyball: San Sebastian claims third spot, drops Letran in three Don’t miss out on the latest news and information. Brace for potentially devastating typhoon approaching PH – NDRRMC NEXT BLOCK ASIA 2.0 introduces GURUS AWARDS to recognize and reward industry influencers 2 ‘newbie’ drug pushers fall in Lucena sting Read Next View commentscenter_img Typhoon Kammuri accelerates, gains strength en route to PH MOST READ Trending Articles PLAY LIST 00:50Trending Articles02:02Chief Justice Peralta vows to lead by example, bares 10-point program02:42NCAA Season 93 Preview: JRU Heavy Bombers01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City LATEST STORIES John Lloyd Cruz a dashing guest at Vhong Navarro’s wedding Slow and steady hope for near-extinct Bangladesh tortoises “It feels good. It feels better that I was the one guiding them on the floor. I’m thankful that the players responded and we were able to execute our defense,” said the 24-year-old mentor, who is now the youngest head coach in D-League history.Apinan unleashed 16 of his 20 points in the second half pullaway, to go with 14 rebounds, Grospe scattered 16 markers, and Pontejos got 14 points, six boards, and four assists to lead the charge for JRU.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSLillard, Anthony lead Blazers over ThunderSPORTSMalditas save PH from shutoutThe Heavy Bombers blanked the Mighty Roasters in the second quarter, limiting the latter to just seven points as they took the 39-29 lead and cruised to the 29-point decimation.Leo Gabo paced Mila’s Lechon with 14 points, three rebounds, and two assists, while Andoy Estrella had 13. The Scores:JRU 96 — Apinan 20, Grospe 16, Pontejos 14, Esguerra 9, Dela Virgen 9, Tayongtong 8, Ramos 4, Mendoza 4, Bordon 4, Yu 3, Mvogo 3, Silvarez 2, Sawat 0, De Guzman 0.MILA’S LECHON 67 — Gabo 14, Estrella 13, Acibar 9, Sarangay 7, Iñigo 5, Parala 5, Derige 4, Delfinado 4, Deles 2, Crisostomo 2, Herradura 2, Luz 0, Bellosillo 0, Montuano 0.Quarters: 18-22, 39-29, 68-50, 96-67.ADVERTISEMENTlast_img read more

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Jarencio lightens up Batang Pier mood amid playoff chase; Elite stay in quarterfinal hunt

first_imgBrace for potentially devastating typhoon approaching PH – NDRRMC In only his first conference in charge, the former UAAP champion coach of University of Santo Tomas has injected a light and positive atmosphere within the Batang Pier as they make a push for a playoff spot.The Batang Pier went on to register a 108-91 victory over the Picanto as they stayed on track for a Top 6 finish at the end of the PBA Philippine Cup elimination round at Smart Araneta Coliseum.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSLillard, Anthony lead Blazers over ThunderSPORTSMalditas save PH from shutout“Coach is like a friend to us, but at the same time we give him the utmost respect,” Araña said in Filipino. “The atmosphere has been great whether we win or we lose. Every time we lose, he tells us to move forward and focus on the next game.”Jarencio’s approach is paying dividends with the Batang Pier improving to 5-5 for a tie of sixth spot with Barangay Ginebra heading into their final game of the elimination round against Phoenix Petroleum on March 2. LOOK: Iya Villania meets ‘Jumanji: The Next Level’ cast in Mexico LATEST STORIES John Lloyd Cruz a dashing guest at Vhong Navarro’s wedding Pussycat Dolls set for reunion tour after 10-year hiatus GlobalPort’s Stanley Pringle (left) dribbles his way past KIA’ s Reden Celda. —SHERWIN VARDELEONWith more than a minute remaining and victory against KIA in the bag last Wednesday night, GlobalPort coach Pido Jarencio gave Ryan Araña a free rein to call a play during a timeout, much to the surprise of the veteran forward.Although Batang Pier guard Stanley Pringle scored on the next possession, the play designed by Araña wasn’t executed, drawing a laugh from Jarencio and his players.ADVERTISEMENT Typhoon Kammuri accelerates, gains strength en route to PH Google honors food scientist, banana ketchup inventor and war hero Maria Orosa AFP official booed out of forumcenter_img View comments Read Next Don’t miss out on the latest news and information. Families in US enclave in north Mexico hold sad Thanksgiving Trending Articles PLAY LIST 00:50Trending Articles00:50Trending Articles00:50Trending Articles01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City “The mind-set right now is to try to get into that Top 6 so we will play a best-of-three series in the quarterfinals,” said Sean Anthony, who had 21 points, eight rebounds and four steals in 27 minutes on the floor. “We want to be playoff-ready and that Phoenix game is another playoff game.”Later, Blackwater tightened up its defense down the stretch to close out the elimination round with an 83-78 trouncing of Phoenix Petroleum to keep its quarterfinal hopes alive.Mike DiGregorio, Mac Belo and Raymar Jose each finished with 14 points, while JP Erram continued his stellar showing with 12 points and 19 boards for seventh double-double of the conference as the Elite wound up with a 5-6 record.“We’re hoping that five wins will be enough for a playoff for the quarterfinals. We’re looking forward to playing more games this conference,” said Blackwater coach Leo Isaac.ADVERTISEMENT Altas seek 11th NCAA men’s plum vs Chiefs MOST READlast_img read more

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The big bang Cabinet reshuffle: Ahead of 2014 Lok Sabha polls, UPA II goes for an overhaul

first_imgThe big bang reshuffle by Prime Minister Manmohan Singh, billed as the biggest ever in the past two decades, takes place on Sunday (today) morning. It could well be the last shuffle of the Union council of ministers before the next Lok Sabha polls in 2014.After the recent changes in key portfolios of finance, home and power in the wake of Pranab Mukherjee’s elevation as the President, the exercise on Sunday will see new faces in external affairs, information and broadcasting, power, railways, tourism, petroleum, parliamentary affairs, HRD and a few more. This is the biggest single shake-up witnessed in the eight years that the UPA has ruled the country.According to Rashtrapati Bhavan spokesperson Venu Rajamony, the ceremony to swear in the new ministers will take place at 11.30 am on Sunday. Though contours of the reshuffle became visible late on Saturday evening after a few meetings between the Congress brass and the PM, and between Congress chief Sonia Gandhi and son Rahul, a clear picture was expected late on Saturday after a one-on-one meeting between Sonia and the PM to resolve some outstanding issues.Among those expected to be promoted are urban development minister Kamal Nath, who will be given the additional charge of parliamentary affairs and sports minister Ajay Maken, who is expected to move to housing and poverty alleviation. Jyotiraditya Scindia, Manish Tewari, Sachin Pilot and Pallam Raju are expected to get big portfolios. The first three will become MoS with independent charge while Raju will be a full cabinet minister. Veerappa Moily, Salman Khurshid, Dinsha Patel, Harish Rawat, Pawan Kumar Bansal and Ashwani Kumar are expected to be rewarded with important and powerful portfolios.External affairs minister S. M. Krishna , information and broadcasting minister Ambika Soni, social justice minister Mukul Wasnik, tourism minister Subodh Kant Sahai, minister of state for minority affairs Vincent Pala, Mahadeo Khandela (MoS) shipping -all from the Congress and Agatha Sangma, MoS rural development from the NCP, resigned on the eve of the revamp of the council of ministers. Former Rajya Sabha deputy chairman K. Rahman Khan (who is from Karnataka) is expected to get minority affairs currently held by Salman Khurshid. Fellow Kannadiga and MoS railways K. H. Muniyappa, a Dalit face of the party, may be elevated to the cabinet rank in the social justice department. The state is bracing for polls next year.Another Dalit MP from Kerala, Kodikunnil Suresh (50) is being inducted as MoS in the railway ministry.The 49-year-old K. C. Venugopal (MoS in power ministry), also from Kerala, may get elevated as MoS Independent, while MoS home Mullapally Ramachandran may be dropped. Youth leaders Meenakshi Natrajan and Mausam Noor, sources said, declined to become ministers preferring to work for the party. The rejig has taken special care of Andhra Pradesh which is in turmoil over the demand for a separate Telangana state and the threat posed to the Congress in the wake of Jaganmohan Reddy’s rebellion. The Congress, which has 33 of the 42 Lok Sabha MPs from the state is struggling to retain its vote base.Surya Prakash Reddy and Porika Balram Naik belong to the Telangana region while Kruparani Killi and Chiranjeevi are from Rayalaseema and coastal Andhra. Daggubati Purandeswari, who is likely to be MoS for commerce, also belongs to the Andhra region.Apart from Purandeswari, who is the daughter of late NTR, Andhra Pradesh already has four other ministers -Jaipal Reddy, Kishore Chandra Deo, Pallam Raju and Panabaka Lakshmi.However, the Andhra package triggered a revolt with K. S. Rao, an MP from Eluru, shooting off a letter to Sonia and Lok Sabha Speaker Meira Kumar, resigning from his parliamentary seat in protest against his non-inclusion in the council of ministers. The five-term MP feels he has been overlooked while greenhorns are being inducted. While the DMK has decided not to reclaim its portfolios, the NCP has dropped MoS rural development Agatha Sangma, and senior party leader Tariq Anwar will replace her.advertisementlast_img read more

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Ohio State opens spring practice Urban Meyer on health Good to go

Co-defensive coordinator and safeties coach Chris Ash watches over drills at the first day of OSU football spring practice March 4 at the Woody Hayes Athletic Center. Credit: Shelby Lum / Photo editorIf there was one thing Ohio State football coach Urban Meyer wanted his players to take away from his team’s first spring practice of the year, it was that he wants them to play angry.The Buckeyes are coming off back-to-back losses to finish their 2013-14 season 12-2, falling to Michigan State and Clemson in the Big Ten Championship Game and Orange Bowl, respectively. Those losses came after the team’s second straight 12-0 regular season, and coming into spring ball, Meyer wants his team to have a different outlook on things.“I felt last year (coming into spring practice), I don’t want to say the word ‘entitled’ … but I want an angry, blue collar team (now),” Meyer said Tuesday after wrapping up the first stint of spring drills. “I’m hoping that’s what we have. Last year it was 12-0, you’re preseason this or this. I haven’t had many people ask about our preseason, not that I know what it is. We’re just trying to find out who’s going to play for us in some spots.”Buckeyes’ healthOSU announced Monday that Meyer had undergone a procedure this past weekend to alleviate pressure from an arachnoid cyst in his head — which occurs in the brain and skull or in pockets around the brain called ventricles — but he said he’s “good to go,” and just has some simple directions from his doctor.“Just watch how loud I scream. I’m not kidding you,” Meyer said. “And how loud I blow the whistle. So I didn’t end up blowing the whistle today – it didn’t sound very good. But I’ll be back after spring break.”Offensively, the Buckeyes are likely to be without starting quarterback Braxton Miller throughout spring ball after he underwent minor surgery on his throwing shoulder Feb. 21. Miller watched the Buckeyes’ first practice with his arm in a sling, studying plays from behind the line with a camera on his hat. Meyer said Miller calls the plays, and then studies the defense in hopes of him not regressing in the spring.“They got a contraption set up where he actually calls the play … and he also tells us what he sees in the secondary,” Meyer said. “Every play we’re having him say what he sees in the secondary. It’ll be a productive spring. He’s into it right now.”Meyer said a big thing Miller will miss this spring is a chance at game reps, but it’s on the senior quarterback to keep improving other facets of his game.“If he doesn’t have a good summer, that’ll cost him a lot. He’ll be a very average player,” Meyer said. “He’s got a lot riding on this now. If he doesn’t fix this and this, that’s a much different spot than he wants to be.”Offensive depthRedshirt-sophomore Cardale Jones took the majority of the reps at quarterback with the first team offensive unit, with redshirt-freshman J.T. Barrett throwing with the second team. True freshman and early enrollee Stephen Collier saw time as well.Sophomore Ezekiel Elliott took the most reps with the first team at running back. Redshirt-sophomores Warren Ball and Bri’onte Dunn, as well as redshirt-senior Rod Smith, all split time with the starters. The latter three were all clearly behind Elliott, however.Sophomore wide receiver Dontre Wilson spent time in drills in the slot receiver position, and also returned punts alongside freshman Curtis Samuel and redshirt-junior Corey Smith.At tight end, redshirt-junior Nick Vannett took the majority of the snaps with the starters, as senior Jeff Heuerman rehabs from a broken nose. Redshirt-freshman Marcus Baugh also played considerable time. Baugh was cited for underage drinking in July and January.DefenseOn the other side of the ball, the Buckeye defense was not exactly what fans had been used to, finishing 47th in the country after giving up 377.4 yards per game last year, including 268 yards through the air.Meyer took time to speak with the defense specifically before team drills began Tuesday, and said he wants them to keep more a simple message in mind this year.“To me it’s ‘all go.’ It’s all the 4 to 6 (seconds), A to B … there’s certain things that’s built into your culture and the way you go. It’s not the call, it’s not (that) I want you thinking about plays,” Meyer said. “I think sometimes as coaches because of what’s happened to the game — it’s a fast-paced game get lined up and go — as opposed to it used to be a game based on effort … I want to get back to that. So that’s what I’ll tell them.”New playersWith the loss of first-team All-American and All-Big Ten performer Ryan Shazier — who was in attendance for OSU’s first spring practice along with the since-departed cornerback Bradley Roby — the linebacker position is undoubtedly a position of interest for Meyer, who called it his biggest concern as far as depth at any spot goes, but was pleased with the effort of five-star true freshman and early enrollee Raekwon McMillan.“I was really impressed with Raekwon today, did a really good job. Moved around, very mature,” Meyer said. “For a shorts practice, he did enough where I was … very positive of what I saw.”Returning starters at the position, senior Curtis Grant and junior Joshua Perry, took reps with the first team defense along with sophomore Darron Lee who did not play a snap in 2013.Meyer said Lee “earned” the time with the first unit after the way he finished off last season and improved this summer, saying “he’s got all the skills.”Perhaps the most experienced group on that side of the ball is the defensive line, which returns all four starters in juniors Noah Spence and Adolphus Washington, senior Michael Bennett and sophomore Joey Bosa. Washington took reps exclusively as an interior defensive lineman on the group’s first day on the field with recently hired defensive line coach Larry Johnson.The defensive backfield is undergoing a vast array of changes in addition to the linebacking core, because of the departure of Roby to the NFL and graduation of safeties Corey “Pitt” Brown, C.J. Barnett and Christian Bryant.Three safeties saw time in OSU’s first practice, those being redshirt-sophomore Tyvis Powell, sophomore Vonn Bell and sophomore Cam Burrows. Redshirt-junior Ron Tanner also saw time, but Meyer said he “lacks some physical skills” to be added into the group.The Buckeyes are set to practice for the second time this spring Thursday. read more

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Noah Spences Ohio State career ends ruled ineligible for Big Ten play

Then-sophomore defensive lineman Noah Spence (8) tackles Penn State then-freshman quarterback Christian Hackenberg during a game at Ohio Stadium on Oct. 26. OSU won, 63-14.Credit: Lantern file photoNoah Spence’s career as an Ohio State Buckeye has officially ended.After multiple failed drug tests stemming from the end of the 2013 season to September, former OSU defensive end Spence has been ruled permanently ineligible for athletic competition by the Big Ten Conference, OSU vice president and athletic director Gene Smith said in a released statement Tuesday night.Smith said that Spence appealed his permanent ineligibility, but was ultimately denied.“The Ohio State University Department of Athletics had assisted Noah and his family leading up to an appeals process that took place today,” Smith said.“While we are disappointed in the outcome, we are pleased that Noah has come a long way and we are very proud of the progress he has made with regard to his health,” Smith said. “The Department of Athletics will continue to assist Noah through his pursuits and provide the academic resources necessary to help him complete his degree program.”Noah Spence walks out of OSU’s fall camp hotel Aug. 7.Credit: Tim Moody / Sports editorIn the minutes following the news, Spence tweeted from his Twitter account, @nspence94:Not what I wanted but now it’s time to get ready for the next level, I’ve learnt so much in the last couple months that it’s all worth it..— Noah Spence (@nspence94) November 26, 2014 Spence, a native of Harrisburg, Pa., was originally suspended following a failed drug test for ecstasy prior to OSU’s matchup with Clemson in the 2013 Orange Bowl. That failed drug test resulted in a three-game suspension for Spence, but prior to his scheduled return to the Buckeyes in September, Spence failed a second drug test, this one resulting in an indefinite suspension.Spence did not immediately respond to an email requesting comment Tuesday evening. Smith declined further comment on the suspension.The Buckeyes are set to close the 2014 regular season against Michigan this Saturday at Ohio Stadium. Kickoff is set for noon. read more

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Football Joshua Norwood transfers out of Ohio State

OSU Gray redshirt sophomore Joshua Norwood (28) breaks up a pass intended for OSU Scarlet senior wide receiver Austin Mack (11) during the Spring Game at Ohio Stadium on April 15th, 2017. Credit: Jack Westerheide | Social Media EditorOhio State redshirt sophomore cornerback Joshua Norwood is transferring from the football program, a team spokesman confirmed to The Lantern. Norwood’s departure was originally reported by Tim May of the Dispatch.Norwood is the eighth Buckeye to leave the program since the end of the 2016 season, joining transfers offensive linemen Evan Lisle, Tyler Gerald and Kyle Trout, and wide receivers James Clark, Torrance Gibson and Alex Stump. Quarterback Stephen Collier announced his retirement from football in January, as well.A member of the 2015 recruiting class, the Valdosta, Georgia, native redshirted his first season in Columbus, then played limited minutes in 11 games in 2016, accumulating eight tackles, one tackle for loss and one pass breakup.He has three years of eligibility remaining.Norwood’s transfer brings the Buckeyes down to the NCAA’s 85 scholarship limit for the 2017 season. read more

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Wrestling Ohio State volunteer coach Anthony Ralph finds talent in overlooked recruits

Anthony Ralph joined the Ohio State wrestling program as a volunteer assistant coach in October 2016. Credit: Courtesy of Ohio State AthleticsAnthony Ralph started in collegiate wrestling as a competitor at Kent State, but it wasn’t until he took a post-graduation job as an assistant coach at Notre Dame College that he realized the nuances of recruiting.“It was selling a school, getting the people to trust in you, building relationships that start through the recruiting process,” Ralph said. “If the student-athlete trusts you enough to come to a school that you believe in, it kind of builds that bond and friendship.” Now, as a volunteer assistant coach for the Ohio State wrestling team, Ralph has taken his love of recruiting and combined it with an analytical approach to find unheralded recruits who might bring success to the program. He calls his strategy “moneyball,” a reference to the analytics-driven success the Oakland Athletics had in 2002. “At Notre Dame, myself and a couple of the other coaches kind of came up with a system, an algorithm to find value in guys that other schools don’t see,” Ralph said. “It’s recruiting those guys that aren’t getting the everyday call from Penn State or Michigan, Iowa, Oklahoma State.”Ralph came to Notre Dame College in 2006 at the invitation of his former Kent State coach, Frank Ramano, who was creating the Falcons’ wrestling program. By 2012, Ralph had helped bring in No. 1 recruiting classes in the NAIA from 2012-16. During his time as an assistant coach, he helped lead the Falcons to three NAIA national titles as well as an NCAA Division II team championship in 2014, producing 18 national champions and 62 All-Americans. “Before I left, I think we were No. 1 in the country the last five years,” Ralph said. “So, something I kind of took pride on because I couldn’t compete anymore. That was kind of my way of competing, as far as with other programs.” Ohio State associate head wrestling coach J Jaggers noticed Ralph’s success and kept his childhood friend from northeast Ohio on his radar.By December 2016, the old friends were reunited in Columbus, using the same algorithm that brought him success with the Falcons. “What his system is designed to do is provide depth, find value in some kids that the [recruiting] rankings may not indicate at the time,” Jaggers said.Ralph said the secret of the algorithm is to focus on wrestlers who specialize in scoring. It spots kids who are taking the most risks on the mat, showing consistency in shot attempts and points scored. This helps find wrestlers who are assertive rather than passive, head coach Tom Ryan said.“There are a lot of guys that win at the high school level that are not points scorers, lots of state champions, lots of highly ranked guys that are not point scorers,” Ryan said. “When you look at one of the critical ingredients to success at the next level, it’s a desire to put yourself in scoring positions all the time, so a lack of fear.”Ryan said Ralph has already become a key part of the coaching staff, pointing to the amount of work he does to find guys who fit the culture of Ohio State wrestling. “The biggest thing in the biggest way is that he digs so much that he finds people that want to be here,” Ryan said. “We need depth and I would say that he has already, in his short time here, helped a lot with our depth.”Ralph said “moneyball” is more than just finding athletes to round out the wrestling roster. It is to continue to build what Ryan and the rest of the coaching staff has built at Ohio State. “Using that ‘moneyball’ system, we are not just looking for depth,” Ralph said. “We are looking for guys that can wrestle at the Big Ten level and become All-Americans and national champs.”Jaggers said he thinks Ralph could become the nation’s best recruiter. “When he put his mind to, ‘I’m trying to be the best recruiter in college wrestling,’ with his personality and his skill set, yeah it could easily happen,” Jaggers said. read more

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