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Option Strategies

Feb 20, 2025
2 min read
Option Strategies portfolio employs sophisticated techniques to capture value from volatility imbalances in the market while maintaining a controlled risk profile.

At HORIZON OEIC LTD, our Option Strategies portfolio employs sophisticated techniques to capture value from market volatility imbalances while maintaining a controlled risk profile.

Our Methodology

Our approach is built on two primary frameworks:

Single Expiration Date Spreads

We construct carefully balanced option positions with identical expiration dates, allowing us to capitalise on pricing inefficiencies while neutralising directional exposure.

Calendar Spreads

By strategically positioning options with different expiration dates, we exploit the volatility term structure and generate returns from the natural decay of time value.

Risk Management Through Volatility Arbitrage

The cornerstone of our Option Strategies is our ability to identify and exploit local volatility imbalances in the market. Rather than taking directional bets on volatility, we:

  • Analyze market pricing inconsistencies across strike prices and expiration dates
  • Establish balanced positions that benefit from the correction of these inefficiencies
  • Maintain neutrality against broad market volatility movements
  • Continuously monitor and adjust positions to preserve optimal risk/reward profiles

Performance Characteristics

This strategy is designed to:

  • Generate consistent returns independent of market direction
  • Provide portfolio diversification through low correlation with traditional asset classes
  • Deliver attractive risk-adjusted returns with controlled downside
  • Perform particularly well during periods of volatility normalisation

Why Choose Our Option Strategies

Our team brings extensive experience in options trading across multiple market cycles, supported by proprietary analytics and risk management systems that allow us to identify opportunities others miss while maintaining strict risk parameters.

For qualified investors seeking to enhance portfolio returns while managing volatility exposure, our Option Strategies offer a sophisticated approach backed by disciplined execution.