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Investing in Women Pays Dividends
I began my career as a clerk on the NYSE Arca trading floor, where I was one of the few women in a sea of thousands of loud men. When I became a trader, I knew I needed to make my voice heard if I wanted to succeed, and I worried that I wouldn’t be able to out-shout my fellow traders. What I quickly realized, however, was that my voice was far different from all the men's voices, and it helped me stand out. I still needed to be loud, I still needed to know what I was doing and be good at my job, but by bringing something different to the table, I could capitalize on my unique strengths and deliver.
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Covered Calls
AUM for derivatives-based funds seeking to generate income is $120 billion+, up from $20 billion in 2019. A sizable chunk of funds in the category deploy covered call strategies. But what is a covered call? Joel Hawthorne @louiswinthrop has the details in #Vol411.
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