Profile picture
Subhadip Nandy @SubhadipNandy
, 5 tweets, 3 min read Read on Twitter
optionsellers.com appears to have lost all client money on short options strategies on energy markets.

Watch the full video , I have been there :(

James Cordier to 290 clients here on YouTube.



#shortvol #options #black_swan
Option selling even by the smartest guys are fraught with danger if done without protection . When a black swan hits , you will have no chance to firefight

#eat_like_an_ant_shit_like_an_elephant
Not only you lose the full money in your account , you get called for more .
Why ?

Because options selling comes with UNLIMITED LOSS if you are wrong
Client accounts were $250k to $1million is size , the whole bunch blew up.

I would give this man credit to own up publicly , not many fund mgrs do this .

What I understand is that this guy was basically selling far OTM options and pocketing the premium .
Got caught this time
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to Subhadip Nandy
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member and get exclusive features!

Premium member ($30.00/year)

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!