Private Indexes
Options and derivative strategies allow investors to directly customize portfolio objectives including return, risk, and income.
Options Overlay Parameters
Strike Selection
Maturity Selection
Sizing
Hedging & Roll Management
Hedging
Protect the portfolio against market downturns in a capital efficient manner. Volos has developed strategies for significantly reducing the cost of hedging relative to traditional strategies.
- Collars & Put-Collar Spreads
- Protective Puts & Put Strips
- Long Straddles
- Dynamic Tail Hedging
- Long Volatility Options
- Dynamic Replication
Income
Generate additional income from collecting premia. Volos has conducted extensive research on active management techniques for enhancing the performance of income-generating strategies at single security and portfolio levels.
- Covered Calls (Overwrite)
- Short Puts (PutWrite)
- Bull / Bear Spreads
- Butterfly Spreads
- Ratio Spreads
- Iron Condors
Absolute Return
Enhance alpha via uncorrelated return streams. Volos has developed a suite of tactical long and relative value volatility positions. Volos has developed algorithms to identify optimal payoff structures for expressing alpha views.
- Yield Enhancement
- Relative Value Volatility
- Volatility Arbitrage
- Event-Driven
Volatility Risk Premia
Access volatility as an uncorrelated source of yield. Volos can help quantify the various performance trade-offs across the many implementation styles of VRP strategies.
- Delta-Hedged Short Straddles
- Risk Reversals (Volatility Skew)
- Calendar Spreads (Volatility Carry)
- Volatility Dispersion