Spiderrock Advisors: SpiderRock Advisors to Provide Risk Management and Income-Focused Options Solutions to Custom SMA Clients on the Envestnet Platform

CHICAGO, Oct. 6, 2020 /PRNewswire/ -- SpiderRock Advisors, LLC (SRA), a $1.5 billion asset management firm focused on providing customized option overlay strategies to advisors and institutions, today announced that it will begin offering their option overlay strategies to clients via the Envestnet platform.Eight customizable option-based overlay strategies from SpiderRock Advisors are now available through an Envestnet custom SMA offering. SRA will offer strategies to hedge concentrated stock positions and broadly diversified portfolios, as well as income-generation strategies using put writing and call writing. "We are pleased to have SpiderRock's option overlay strategies on our platform," said Jean Heath, CIMA, Head of ...Full story available on Benzinga.com