Quote from optioncoach:



Sounds like a bunch of idiots started a fund. Anyone who thinks naked options are not that risky because you simply buy them back before you incur a large loss knows so little about the markets, it rises to a level of negligence that the SEC should get involved in. Anyone with money in this fund should withdraw and these managers should be fined by the SEC for incorrectly stating the risks of the strategy they are employing.



Amazing the stupidity of some people (referring to the fund managers, not the OP).

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