This document is a special statement for uncovered option writers associated with account number N4Gxxx968 under the name Jeffrey Epstein at Deutsche Bank Wealth Management. It outlines the significant risks involved in uncovered option writing, including unlimited potential loss for uncovered call writing and substantial loss for uncovered put options. The document emphasizes that such strategies are suitable only for knowledgeable investors with the financial capacity to incur substantial losses. It also mentions the potential unavailability of a secondary market and the risk of exercise assignment for American-style options.
doj/DataSet10/EFTA01283123.pdf
{"key_people":["Jeffrey Epstein"],"document_date":"2018-10-01","document_type":"financial","key_locations":["United States"],"document_subtype":"Special Statement for Uncovered Option Writers","key_organizations":["Deutsche Bank Wealth Management","Deutsche Bank Securities Inc."],"reference_numbers":["N4Gxxx968","WM1179268 096418 120617","SDNY_GM_0003","DB-SDNY-0001645","EFTA_00149430","EFTA01283123"]}