Back in September, 2012, FUTURES magazine featured a story titled "Walczak finds safe harbor in options."
(The combination of "safe harbor" and "options" might seem a bit of an oxymoron to some, especially on a bad day.)
In any case, Zero Hedge recently zeroed in on Ed and his fund, and made some rather grand claims about his ability to move the market. True? Hard to say. In any case, he had a string a great years, but perhaps got caught in the recent relentless march upwards of the Trump Market.
Why are we posting this now? This week's sharp action makes it not too late to give a look to those who favor 1 x 2s, and 1 x 3s, as some say we are setting up for a sharp down move ying to the yang of the long upmove.
One of those who had been saying so: Trump himself. As in "it's all a big bubble."
An interesting read on Walczak, and food for thought about excessive leverage.
Meet The Man Behind The Market's Relentless Ramp | Zero Hedge