Summary

The Aquantum Active Range (AAR) is a delta based options strategy (short delta, long gamma) on the S&P 500: » AAR aims to continuously exploit market fluctuations independent of long-term market direction. » Implementation exclusively by means of liquid, exchange-traded put options (spreads) on the S&P 500 with short residual maturities. » 50-58 expiries per year provide multiple profit opportunities with limited premium expenses (approx. 4% per year). » „Active Range“ means continuous adjustment of positioning to the current market and volatility environment and active position and risk management throughout the trading session – our edge. » Attractive return opportunity with reduced drawdown probability (return target at 6-10% net p.a. with a vol of 5-7%). » Unique portfolio addition with negative correlation to the stock market. » Strategy development and risk management is based on 23 years market experience and 35 years data history. » Lead Portfolio Manager successfully managed another option strategy (predecessor of AAR) on the S&P 500 for 10 years (2002-2012).