Options trading is a gamble. More specifically, these types of trades bet that the market will change directions according to an investor’s hunch. It’s also a contract to buy or sell a stock at a pre-determined price by a certain date. Options trading allows investors to buy time and observe the market before committing to…

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Barry Pechenik (CRD#: 1720138), a registered representative with Morgan Stanley (CRD#: 149777) in Dallas, Texas, is currently the subject of a customer complaint, according to published reports. An elderly investor alleges that this broker used an unsuitable options strategy, leading to significant investment losses. Read on to learn more. An elderly customer claims she incurred…

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