The first rule is not to lose. The second rule is not to forget the first rule.
Options are derivative contracts which can be used by investors in a diverse set of contexts – to insure their portfolios, purchase shares at a lower level than the prevailing market price, enhance the yield of their equity portfolios or take leveraged positions whilst carrying a limited amount of risk. GAM’s options team has over 30 years of combined experience, predominantly selling covered calls, naked puts and strangles but we also buy options.
Note: Trading options is a high risk strategy which can result in losses that exceed your initial deposit. Trading derivatives may not be suitable for everyone, so ensure that you fully understand the risks involved.