• When you sell options, you get paid for assuming risk. That can be a profitable business, but it does not mix well with the risks inherent in a leveraged portfolio.

    George Soros: When you sell options, you get paid for assuming risk. That can be a profitable business, but it does not mix well with the risks inherent in a leveraged portfolio.
    George Soros, Byron Wien, Krisztina Koenen (1995). “Soros on Soros: Staying Ahead of the Curve”, p.5, John Wiley & Sons