Annucapt |link|

However, defenders of efficient markets offer a counterpoint: Annucapt is merely the price of leverage. When you buy a short-dated option, you are renting someone else's capital for a few days. The seller (the institution) is taking on unlimited risk. The "capture" of your premium is their reward for assuming that risk. If you do not want to be annucapted, they argue, buy the stock outright or buy longer-dated options.

At first glance, "annucapt" sounds like the name of a dystopian video game. In reality, it is the quiet strategy that turns the stock market from a game of long-term growth into a gladiatorial arena where time is the deadliest weapon. annucapt

France, Belgium, Switzerland, Luxembourg, Germany, Italy, Spain, and Monaco. North America: The USA and Canada. Africa: Morocco. The "capture" of your premium is their reward