My first article for Cabot Wealth Advisory appeared back on December 27, 2010. As the editor of Cabot Options Trader, I intended to educate subscribers about options–perhaps dispel a few myths and point out some of the advantages of options. One of the main appeals of options is that they provide the investor with leverage. A move of 5% to 10% on the underlying stock can easily generate a gain (or loss) of 80% to 100% on an option. And options allow investors to participate in the market with a smaller cash outlay. Here is what I wrote: “Options...