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http://www.blackpiercapital.com/Tyler Michalove is the Head of Trade Systems and Execution at Blackpier Capital. In this role, he designs, tests, and executes managed options strategies. Blackpier Capital provides managed options strategies for high net worth individuals, family offices, hedge funds, and institutions. Previously, Tyler helped design volatility models for a large investment manager and conduct equity research. He also has taught students at the University of Tennessee about options trading and led lectures on how to use Bloomberg software. Tyler has created fractal volatility models, designed and built trading software, written volatility white papers, and has helped grow Blackpier Capital from a start-up hedge fund into a predominant managed options fund.
Creating great options strategies is a process of trial and error. This article is about those errors. Bad Strategy #1 — Selling Naked Options: The pinnacle...
