By identifying overreactions, mean reversions,and noise in VIX futures prices, the program seeks to achieve returns by
harnessing volatility while maintaining a low correlation to the S&P 500.
or VIX, as it is better known, is used by stock and options traders to gauge the market's anxiety level.
The VIX is essentially a mathematical measure of how much the market expects the S&P 500 Index, or SPX to fluctuate over the next 30 days, using a calculation based on current SPX put and call option prices.
TRADING IN FUTURES, FOREX, AND OPTIONS INVOLVES SUBSTANTIAL RISK AND IS NOT SUITABLE FOR ALL INVESTORS. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. THE COMMODITY FUTURES TRADING COMMISSION DOES NOT PASS UPON THE MERITS OF PARTICIPATING IN A TRADING PROGRAM/COMMODITY POOL OR UPON THE ADEQUACY OR ACCURACY OF COMMODITY TRADING ADVISOR/COMMODITY POOL OPERATOR DISCLOSURE.
CONSEQUENTLY, THE COMMODITY FUTURES TRADING COMMISSION HAS NOT REVIEWED OR APPROVED THIS TRADING PROGRAM/COMMODITY POOL OR THIS BROCHURE OR ACCOUNT DOCUMENT. BEFORE INVESTING, READ ALL RISK DISCLOSURES PROVIDED.
*PLEASE NOTE THAT THE HIGH DEGREE OF LEVERAGE THAT IS OFTEN OBTAINABLE IN FOREX/COMMODITY INTEREST TRADING CAN WORK AGAINST YOU AS WELL AS FOR YOU. THE USE OF LEVERAGE CAN LEAD TO LARGE LOSSES AS WELL AS GAINS.
Monthly performance is based on proprietary trading, adjusted to reflect a 2% annual management fee and a 20% performance fee. S&P 500 returns are shown for information purposes only. The strategy is not designed to mimic returns of the S&P 500. The S&P 500 cannot be directly traded."