PT  - JOURNAL ARTICLE
AU  - James J. Angel
AU  - Gary L. Gastineau
AU  - Clifford J. Weber
TI  - Equity Flex Options for the Hedge Fund Manager
AID  - 10.3905/jai.1999.318945
DP  - 1999 Sep 30
TA  - The Journal of Alternative Investments
PG  - 31--36
VI  - 2
IP  - 2
4099  - https://pm-research.com/content/2/2/31.short
4100  - https://pm-research.com/content/2/2/31.full
AB  - In contrast to standardized options, equity flex options permit significant contract customization by the parties to the trade, and these options are exempt from the position limits that apply to standard options. In this article, these interesting tools are examined from the perspective of the hedge fund manager, whose needs are somewhat different and, in a sense, more specialized than the needs of the general trader, investor, or corporate treasurer whose needs have been the subject of earlier work.