Summary

Cipher Managed Program is a proprietary intraday options trading strategy designed to generate consistent, positive absolute returns through a disciplined, systematic approach. By targeting short-dated options in the E-mini S&P 500 futures market, the program capitalizes on time decay and directional trend signals, all while maintaining zero overnight exposure to reduce gap risk and enhance overall risk management. Ideal for investors seeking high-efficiency, data-driven trading with robust risk controls, Cipher offers a compelling opportunity to diversify portfolios with a strategy built on precision, speed, and a repeatable edge.