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In 2005 he held the position of operational resource at Neace Lukens in Columbus, where he served as the lead executive liability resource for the organization. During this time, he managed the negotiation, placement, and servicing for several Fortune 1000 accounts and was consistently recognized for effective maintenance of key client relationships. He began his career in 1998 as part of Marsh’s financial and professional (FINPRO) group, where he focused on placing the directors and officers, employment practices, fiduciary, crime, and professional liability lines of insurance for their larger public and private client base. Will has over 15 years of experience in the Executive Liability and Professional Liability arena. VP, Product Specialist, Commercial Lines (Executive Risk) Blaser is a frequent speaker at firm-sponsored client seminars, as well as for the Buckeye Association of School Administrators, the County Auditor’s Association of Ohio, the Ohio Association of School Business Officials and the Ohio School Boards Association. Jennifer also assists a majority of the Columbus office's municipal clients with their SEC annual disclosure requirements. Jennifer also serves as special counsel in connection with lease and lease-purchase financings. As bond counsel, Jennifer has facilitated bond and note issues for traditional governmental projects such as primary and secondary education, fire and public safety buildings and equipment, building improvements and libraries. Specifically, her focus includes working with cities, counties, townships and school districts throughout the State of Ohio to finance their capital projects. With experience in many aspects of public finance law, Jennifer Blaser serves as bond and underwriters counsel in numerous traditional governmental financing transactions. She continues to work with school districts in her role as bond counsel. Prior to beginning her legal career, Katie was a middle school mathematics teacher. Katie is a member of the Ohio Government Finance Officers Association, National Association of Bond Lawyers, Ohio Women in Public Finance, Ohio State Bar Association and Columbus Bar Association, where she serves on the Bar Admissions Committee. These projects have included the creation of tax increment financing areas, community reinvestment areas, enterprise zones, new community authority districts and joint economic development districts, all to encourage the investment of private capital in local communities and to stimulate economic development and redevelopment. Katie also has experience working on a variety of economic development and public-private partnership projects. This study supports my strategy of selling puts with 2-to-5 month expirations and buying LEAP call options with one year or longer expirations.Katie Johnson focuses her practice on serving as bond counsel and underwriter’s counsel on general obligation financings, tax increment financings, utility revenue financings and special obligation financings. At fixed 12-month or longer expirations, buying call options is the most profitable, which makes sense since long-term call options benefit from unlimited upside and slow time decay. Table 2 on page 27 of the 2006 study ranks option strategies in descending order of return and selling puts with fixed three-month or six-month expirations is the most profitable strategy. When three-month options are used, written put portfolios for all moneyness levels (OTM, ATM, ITM) generate high returns and exhibit positive abnormal performance. However, some option portfolios exhibit risk-adjusted performance which exceeds that of the benchmark stock-only portfolio. In agreement with previously presented results and prior literature, many option portfolios have risk-adjusted performance worse than the benchmark portfolio.
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