While not appropriate for all investors, options can be a strategy we consider depending on each client's individual situation. Due to the risk and complexity of options, there are disclosure and suitability documents that are required to be signed prior to discussing any specific options strategy. If deemed appropriate, we may explore these strategies in many different situations. Some of the many situations where we may explore options are when an investor is looking to generate potential income on a stock that has been held for a significant period of time and is worth considerably more than it was purchased for or to help provide a level of protection from a decrease in market price of a particular stock. These are just two of the many strategies where options may make sense. Financial Consultant Sean Budlong helps run the options trading for specific and qualified investors along with the client’s financial advisor.
*Disclosures: The forgoing is for informational purposes only and not intended to be a recommendation of any particular strategy. Investing involves risk regardless of the strategy selected. Options involve risk and are not suitable for all investors. When appropriate, options should comprise a modest portion of an investor’s portfolio. Prior to buying or selling an option, a person must receive a copy of “Characteristics and Risks of Standardized Options” (ODD). Copies of the ODD are available from http://www.optionsclearing.com/about/publications/character-risks.jsp or by contacting Raymond James at 880 Carillon Parkway, St. Petersburg, FL 33716. The information in this document is provided solely for general education and information purposes and, therefore, should not be considered a complete description of listed options. No statement within this page should be construed as a recommendation to buy or sell a security or to provide investment advice. Please consult a tax advisor for the tax implications involved in the use of options. Supporting documentation will be supplied upon request.