The philosophy of the rich and the poor is this: the rich invest their money and spend what is left. The poor spend their money and invest what is left.
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.