Secured Options Update
August 03, 2021
Maintaining a Defensive Position in August
The Glenmede Secured Options Strategy outperformed both the CBOE PutWrite and CBOE BuyWrite benchmarks from June 18 through July 16, 2021. As we look ahead to the August expiration, we continue to be more defensively positioned than our benchmarks with a wider strike selection to increase our downside buffer.