Want to Try Your Hand at Options? This guy literally wrote the book:

[TheWorldNewsOrg]

Wiped-Out Hedge Fund Manager Confessed His Losses on YouTube

The collapse is a stunning turnabout for Cordier, who literally co-authored a book on the topic, "The Complete Guide to Option Selling.” In May, perhaps foreseeing trouble, he wrote an article in Futures magazine about the perils of trading in the gas market.

[admin]

FCStone borrowed on margin against the accounts to cover money-losing positions. In the end, the clients didn’t just lose all their all their money, they also now owe FCStone for the loans, he said.