Doherty Advisors LLC

United States-flagUnited States Type: Commodity Pool Operator (CPO)
Commodity Trading Advisor (CTA)
Registrations: NFA ID: 0345940
Program Past 12 Months Jul YTD CAROR WDD AUM Min Inv Visits
Compass chart thumbnail 10.20 10.04 -6.40 $ 1,000k 4031
Grey Swan Hedge chart thumbnail -1.33 -1.83 -19.86 $ 10,000k 2664
Orion chart thumbnail 8.08 8.70 -10.77 $ 1,000k 2776
Relative Value Growth chart thumbnail 0.75 11.89 -37.25 $ 1,000k 3600
Relative Value Plus chart thumbnail -0.29 2.24 -9.84 $ 1,000k 2352

Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange ("forex") is substantial.

CTA Introduction

The trading strategy is discretionary pure relative value (RV) / market neutral arbitrage. Essentially, it trades the shape of the volatility skews in the front two S&P 500 and US Treasury listed options, two of the most liquid markets in the world. The strategy is agnostic as to direction of both the underlying markets and volatility itself. One feature that separates it from other options strategies is that Doherty Advisors RV is a small payer of premium each month, though it remains slightly net short options on a notional basis. Generally, the net delta and gamma exposures are between +10% to -10% over 90% of the time. There is no basis or calendar risk involved.