Options Strategies
Put-Write Strategies for Income
Cash-Secured Put Income
Primarily sells out of the money puts on individual stocks creating a buffered equity exposure.
Cash-Secured Puts on ETFs
Sells puts on broad based indices using ETFs. Customizable ETF selection as the underlying security.
Premium Income
Seeks return enhancement as a portfolio overlay. Sells deep out of the money put spreads on the S&P 500 index.
Covered Call Strategies for Growth & Income
Focused Equity Income
Sells covered calls on stocks in the Focused Equity Growth strategy that uses a GARP methodology for stock selection.
Enhanced Dividend Yield
Seeks dividend enhancement from selling covered calls on stocks with growing dividend payouts.
Custom Overlays on Concentrated Positions
Covered Calls
Sells covered calls on concentrated positions to tactically diversify the portfolio over time while seeking to get paid to wait for higher prices.
Collars
Focused on zero-cost collars, no upfront premium cost. Seeks to sells calls to fund the purchase of long puts to help protect against large losses.
Growth at a reasonable price (GARP) – GARP investors generally focus on companies with earnings growth above broad market levels but without extremely high valuations.
This material is provided for informational and educational purposes only. It does not consider any individual or personal financial, legal, or tax circumstances. As such, the information contained herein is not intended and should not be construed as individualized advice or recommendation of any kind. Where specific advice is necessary or appropriate, individuals should contact their professional tax, legal, and investment advisors or other professionals regarding their circumstances and needs.
All investments are subject to risk, including possible loss of principal. There is no guarantee or assurance that any option strategy will achieve its investment objectives and there is no guarantee that any strategy will be profitable. Dividends are not guaranteed and are subject to change or elimination.
Options trading involves a significant degree of risk and the risk of loss in trading options can be substantial. Clients and prospective clients should carefully consider whether such trading is suitable for them considering their financial condition and individual risk tolerances. The high degree of leverage that is often obtainable in options trading can work against investors, as well as for them. It is important that investors read Characteristics and Risks of Standardized Options before engaging in any options trading strategies. Options transactions are often complex and may involve the potential of losing the entire investment in a relatively short period of time. Certain complex options strategies carry additional risk, including the potential for losses that may exceed the original investment amount.
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