Structured Solutions Using Options on Futures

The options market is often associated with hedging risk or speculating based on an outlook. However, options are also tools that can be used to create defined risk – reward outcomes. In the latest report, Structured Solutions Using Options on Futures, we explore three structured approaches to gaining equity market exposure using options on E-Mini S&P 500 futures (ES) contracts. Consistent strategies that compare favorably to buy and hold, covered call, and leveraged exposure to the S&P 500 are demonstrated using a combination of ES futures and options on ES futures.