Education

Latest article (published on Seeking Alpha):

Structured Product Performance Mapping: An Intuitive And Colorful Way To Evaluate Market-Linked Products

Please note that while the analyses in the articles below are technically sound, they are all based upon one view point of the markets, the historical norm, and thus, the judgement of whether the product is good or bad is biased to that viewpoint.  Thus, readers are advised to disregard that judgement unless they concur with that viewpoint on the particular analysis date.  That being said, the articles should be a useful introduction to assist interested readers in understanding equity based market-linked products.

Previously published articles:

Structured Product Valuations: Surprisingly Positive Results

Structured Product Analysis: Starting With Something Simple

Structured Product Valuations: March Results Are Not So Rosy

Structured Product Analysis: March Structure No. 1, A Dual-Direction Note

Structured Product Analysis: March Structure No. 2, A Good Dual-Direction Note

Structured Product Analysis: March Structure No. 3 — A Bad Digital Return Note

Structured Product Analysis: March Structure No. 4 – A Good Minimum Digital Return Note

Structured Product Analysis: March Structure No. 5 – A Fair Buffered Capped Leverage Return Note

Structured Product Analysis: March Structure No. 6 — A Bad Buffered Capped Leverage Return Note

Structured Product Analysis: March Structure No. 7 – A Bad Buffered Digital Return Note

Structured Product Analysis: March Structure No. 8 – A Good Buffered Digital Return Note

Structured Product Analysis: March Structure No. 9 – A Very Bad Buffered Capped Leverage Return Note

Structured Product Analysis: March Structure No.10 – Another Very Bad Buffered Capped Leverage Return Note

March Structure No. 11 – A Growth And Income Note: Double Return Or Double Trouble?

March Structure No. 12 — A Callable Note But Not A Good Call

March Structure No. 13 – Luck Has Nothing To Do With Why This Autocallable Note Is Bad

March Structure No. 14 — A Longer Term Results In A Better Investment For This Autocallable

March Structure No. 15 — What’s Not To Like About This Callable Range Accrual

March Structure No. 16 — Pardon My French, A Cliquet That’s Okay

August Structured Notes: Relative Value Comparison Of 120 To-Be-Issued Structured Products

Blogs:

September Structured Notes: Relative Value Comparison Of 120 To Be Issued Structured Products