Delta. We sell fear, we buy time
Systematic writing of covered index options: the strategy collects volatility premiums while capping risk with the underlying portfolio.
Figures cover 36 months, net of fees. Past performance does not guarantee future results.
How Delta works
Covered positions only
Options are sold exclusively against existing positions — the strategy carries no naked short volatility.
Model-selected strikes
Strike levels and tenors are selected by the model based on the volatility surface: the premium must statistically justify the risk.
Volatility-regime stop
When the volatility index spikes, the sale of new options is paused until conditions normalise.
Target portfolio allocation
Actual weights fluctuate within ±5 pp; auto-rebalancing returns the portfolio to its targets.
Terms
Questions & answers
Who is the Delta strategy suitable for?
Delta — an options premium AI strategy with a risk level of 3 out of 5: suitable for investors willing to trade some upside potential for regular premium income and lower volatility. Historical returns — +10.7% per annum with a maximum drawdown of −9.8%; minimum subscription €200.
What are the risks of the Delta strategy?
The primary risk is a sharp market crash in which premiums fail to cover the decline of the underlying portfolio. The maximum historical drawdown was −9.8% at a volatility of 9.6%. The algorithm operates within strict limits: as the drawdown limit is approached, positions are reduced automatically, and the strategy can be stopped at any time.
What are the connection terms for Delta?
Minimum amount — €200, management fee — 0.80% p.a., performance fee — 10% of profit above the high-water mark. The strategy executes an average of 40 trades per month, each recorded on the public I-Trade Chain network.