This document outlines the special risks associated with uncovered option writing, which can expose investors to significant losses. It emphasizes that such strategies may not be suitable for all customers and details the potential losses for uncovered call and put options, as well as combination writing. The document stresses the importance of understanding these risks and having the financial capacity to handle potential losses. It also notes the possibility of margin calls and the limitations of relying on the secondary market.
doj/DataSet10/EFTA01444919.pdf
{"title":"Special Statement for Uncovered Option Writers","key_people":["Jeffrey Epstein"],"document_date":"2017","document_type":"financial","key_locations":["United States"],"document_subtype":"Special Statement for Uncovered Option Writers","key_organizations":["Deutsche Bank","Deutsche Bank Securities Inc."],"reference_numbers":["EFTA01444919","EFTA01444920"]}