Options are derivative securities that give the investor the contractual right, but not the obligation, to buy or sell a certain underlying asset (a stock or index) at a specific price on or before a certain date. There are many types of options strategies that can be employed, and many of them involve a great degree of risk. Options strategies are typically only suitable for investors with an aggressive or speculative risk tolerance who are willing to risk the loss of principal.
The Wolper Law Firm has extensive experience handling claims involving options strategies. If you believe that you were improperly sold options of any form or have experienced unexpected losses in these investments, please contact the Wolper Law Firm for a free consultation and case evaluation.