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Wednesday, November 21, 2018

OptionSellers.com / James Cordier - Full apology video


  

OptionSellers.com / James Cordier - Full apology video


James Cordier of Optionsellers.com humbled by extreme market
fluctuations in natural gas & crude oil. Apologises to his clients,
who were totally wiped out in the process. It appears he lost big w/
short calls in crude, and saw an opportunity in natural gas. Things got
much worse as natural gas rallied beyond what most expected, and buyers
of the calls he sold cashed in, wiping his Hedge Fund out.



Deep sympathy
for his clients. More than likely Mr. Cordier was attempting to recover
losses for his fund so his clients would finish 2018 on a high note. No
speculation at all on intent other than giving the benefit of the
doubt. It is a warning to all traders and investors to be cautious and
manage risk.

Situation explanation taken from Jon'z Vidz description:
https://www.youtube.com/watch?v=WTFBm...





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