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Thank you for attending Lawrence G. McMillan's presentation.

Download a PDF of the "Using Volatility Derivatives To Hedge Notional Risk" talk along with the article reprints from the OPAL Emerging Manager Summit on June 8th, 2015 by filling out the form  to the right. The presentation will then be sent to your email address. 

 
 
 

*By completing the form, you are agreeing to our Privacy Policy. All email addresses are kept strictly confidential.

 
 

The Volatility Capture Total Return Program

Accounts managed by McMillan Asset Management are invested in our Volatility Capture strategy: an all-weather investment approach that combines the benefits of option writing with volatility-based strategies designed to protect downside risk.

Sophisticated investors have recognized the value of covered call and naked put-strategies for some time in terms of reducing portfolio volatility and improving risk-adjusted returns, particularly as compared to long only portfolios.

Through intensive research and experience, we have identified an approach to managing risk around short option strategies without cannibalizing return.

 
 

You can find more information, including performance statistics, by taking a look at our Diligence Deck (left) and Executive Summary (below) documents below. To have a representative contact you via email or phone, fill out our contact form.

The first Executive Summary represents the firm's traditional Volatility Capture strategy and includes both live and back-tested results (back-tested to demonstrate how the strategy performs over a sustained period of volatility). The second utilizes futures options, enabling retirement accounts (including IRAs) to be eligible. IRA accounts are only eligible to participate in the futures-based strategy. All results are net of fees and commissions.

 
 
 

*There is an unlimited risk of loss associated with selling options. The Volatility Capture strategy involves the selling of naked put options or put option credit spreads. There is considerable risk in such transactions if the underlying should fall by a large amount in a short period of time. The premium from the written options will most likely not be able to completely compensate for that risk. Risk management strategies in the form of long volatility derivatives are employed, but there is no guarantee that the risk protection will actually work. In other words, the ownership of volatility is designed to protect the naked puts in the case of a sharp, sudden drop in the stock market. However, there is no guarantee that volatility will, in fact, increase when the stock market drops.

**By completing the contact form, you are agreeing to our privacy policy.