'OptionSellers.com' Goes Dark After "Catastrophic Loss Event" In NatGas "Rogue Wave" | Zero Hedge
Mr. Cordier is a noted author in the field. Clever turn of the phrase: "rogue wave." We had not heard that one before. But for that "rogue wave".......all would be well.
Traders with even an initial sense of the market know that naked options selling works great --- until it doesn't......then it's not just loss, but catastrophe.....
It's that damnable hubris that brings (us all) down.....we hope every one affected kept their speculative portion of their assets small, and can move on from this debacle....
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