S&P-500 like growth.
Without S&P's downside.
9% annual returns. 3% annual volatilty. Uncorrelated alpha.
High Growth
High capital growth during elevated market volatility.
Low Risk
Stable return profile in all other market conditions.
Efficient
High liquidity. Full Control. Maximum Transparency.
9.31%
Annualized returns since Apr 2025
-3.09%
Maximum drawdown since Apr 2025
3.49%
Annualized downside volatility since Apr 2025
The Hedged Alpha Advantage
Covered Call
6%
Typical annual expected returns
X Bull markets
X Max risk: > 80% of stock price
X Liquidity: Moderate
X Exposure: High assignment risk
Hedged Alpha
10%
Typical annual expected returns
✓ Bull, bear & sideways markets
✓ Max risk: Capped at 6%
✓ Liquidity: Very high
✓ Exposure: Adaptive risk control
Iron Condor
8%
Typical annual expected returns
X Sideways Markets
X Max Risk: 5X the expected profits
X Liquidity: Low
XExposure: Volatility explosion risk
Risk Philosophy
"Follow risk rules rigorously and the returns will take care of itself"
Options Manager
Prash, Founder and Portfolio Manager of Avad Capital Management, an alternative investment manager specializing in non-correlated absolute return options strategies.With a background in statistics, finance, engineering, and an MBA, Prash leverages over a decade of experience in designing and
trading systematic strategies for accredited and qualified investors.
Hedge fund style strategies with zero correlation to the market