FYI: Many novice and not-so-novice investors think all option strategies are dangerous and volatile, but a new white paper commissioned by the Chicago Board Options Exchange (CBOE) pours a warm bucket of reality over that incorrect assumption. According to the study, option-based strategies that buy and sell S&P 500 index options have outperformed the benchmark itself, with lower volatility, dating all the way back to 1988.
Regards,
Ted
http://dailyalts.com/option-based-funds-outperform-lower-volatility/