Provided for illustrative purposes only. Generally illustrates how the profit and loss of writing put and call option spread combinations may change over time. Individual option spread positions generally will be entered into with respect to approximately 1/12th (for 5% max drawdown implementation) of an account’s specified program size. There is no guarantee that the investment objectives can be achieved. Investment management techniques require market liquidity in the specific option. Parametric and each strategy may not be able to achieve its goals as described above.
Options Absolute Return Strategy (OARS) is offered by Parametric Investment & Overlay Strategies. For additional information please visit the Disclosure page.