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If they believe that the price of the asset will move up from the moment of entry until the time of the expiry of the option, they can choose a Call option. On the contrary, if they believe that the price will fall, they can.
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4. THIS COMPOSITE PERFORMANCE RECORD IS HYPOTHETICAL AND THESE TRADING ADVISORS HAVE NOT TRADED TOGETHER IN THE MANNER SHOWN IN THE COMPOSITE. HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY MULTI -ADVISOR MANAGED.
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