Secured Options January Update: Performance in a Difficult Environment
The Glenmede Secured Options Strategy has performed well during a very difficult environment for option selling strategies. As we look ahead to 2021, what has been a major headwind may become a tailwind as we transition from a high volatility environment back to more normal levels. The high volatility environment created not only major headwinds for all option selling strategies but opportunities to outperform as well. Since the end of 2017, our secured option strategy has outperformed the CBOE PutWrite Index.