Short Options Strategy Claims Another Victim: When Will Investors Learn? (Rhetorical Question)Mark Melin
Perhaps one of the most well-known “secrets” in the managed futures CTA industry is the risk associated with the un-hedged "naked" short selling of options. Author and registered Commodity Trading Advisor James Cordier was the latest causality of a strategy known to “capsize the boat,” resulting in a dramatic loss for clients invested in the strategy. The losses were more than the initial investment, a lawyer representing investors told ValueWalk.