In the 2002 shareholder letter, Warren Buffett described derivatives as ‘financial weapons of mass destruction’, carrying dangers that, while now latent, are potentially lethal. Derivatives include call and put options. You will need to present to the SEM202 Teaching Team on suitability of Warren Buffett’s above comment and justifications of your explanation relating to potential risks and potential returns of using call/put options. Your answer should not exceed 600 words