NO REGUATION ON LEVERAGE TRADING. BY TRADING IN COVERED CALLS IT HEDGES & PROTECTS THE DOWNSIDE RISK. IT IS VERY VERY IMPORTANT TO MAINTAIN THIS STRATERGY. IT ALSO PRODUCES THE INCOME AS I NEED CASH TO LIVE ON SINCE I AM RETIRED AND THERE IS NO OTHER INCOME EXCEPT SS.
Sudhir Shroff Comment On Regulatory Notice 22-08
NO REGUATION ON LEVERAGE TRADING. BY TRADING IN COVERED CALLS IT HEDGES & PROTECTS THE DOWNSIDE RISK. IT IS VERY VERY IMPORTANT TO MAINTAIN THIS STRATERGY. IT ALSO PRODUCES THE INCOME AS I NEED CASH TO LIVE ON SINCE I AM RETIRED AND THERE IS NO OTHER INCOME EXCEPT SS.