Epstein Secrets

oss on both the hedged securities and the hedging vehicle, so that the Partnership's return might have been better had hedging not been attempted. Call Options. The Partnership will engage in sales or purchases of call options. The seller (writer) of a call option which is covered (e.g., the writer holds th

ls short the underlying security, the loss on the call will be offset in whole or in part by any gain on the short sale of the underlying security. Put Options. The Partnership will engage in sales or purchases of put options. The seller (writer) of a put option which is covered (e.g., the writer has a shor

short. Short selling can also involve significant borrowing and other costs, which can reduce the profit or create losses in particular positions. Call Options. There are risks associated with the sale and purchase of call options. The seller (writer) of a call option which is covered (e.g., the writer hold

g security above the exercise price of the option. The buyer of a call option assumes the risk of losing his entire investment in the call option. Put Options. There are risks associated with the sale and purchase of put options. The seller (writer) of a put option which is covered (e.g., the writer has a

loss on both the hedged securities and the hedging vehicle, so that the Partnership's return might have been better had hedging not been attempted. Call Options. The Partnership will engage in sales or purchases of call options. The seller (writer) of a call option which is covered (e.g., the writer holds th

ls short the underlying security, the loss on the call will be offset in whole or in part by any gain on the short sale of the underlying security. Put Options. The Partnership will engage in sales or purchases of put options. The seller (writer) of a put option which is covered (e.g., the writer has a shor