Cormac
Problem: Cormac had nearly all his $5M net worth tied up in highly appreciated Netflix stock, some up over 2,000%, leaving him exposed to concentration risk and a major future tax bill.
Solution: We implemented a sophisticated box spread strategy to generate liquidity, reinvested in a diversified portfolio, and hedged his exposure with targeted short positions.
Outcome: Cormac reduced his risk, harvested tax losses, funded a home purchase, and in year one, his new portfolio did better than just Netflix while protecting against future volatility.
