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The Complete Guide to Option Selling: How Selling Options Can Lead to Stellar Returns in Bull and Bear Markets, 3rd Edition by Michael Gross, James Cordier

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12

Managing Your Option-Selling Risk

Defense Wins Championships

In February 2014, the Denver Broncos entered the Super Bowl with the most prolific offense in the NFL. Quarterback Peyton Manning was coming off of his best season ever, having set many NFL offensive records in passing and scoring. Fans and sportscasters alike waited to see what kind of offensive show the Broncos would put on in the Super Bowl. But it was not to be. Why?

Because Denver ran into arguably the NFL’s best defense in the Seattle Seahawks. The Broncos were bogged down, stopped, and destroyed. The Seattle Seahawks became Super Bowl champs.

The fact that Seattle won came as little surprise to many old-school sports enthusiasts. There is an axiom in sports that has rung ...

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