• Simplicity
  
  
• Profitability
  
  
• Defined risk
  
  
• Low minimums 25K to 250K
  
  
• Daily liquidity in portion or all
  
  
• Investor control of markets and number of contracts traded
  
  
• Time efficiency, orders can be placed and monitored automatically by my team in the markets, trading the number of contracts of your choice
  
  
• Low fees (all accounts are on the same fee structure as mine) zero front load, management and incentive fees, the only fees charged are clearing, exchange and N.F.A
  
  
• U.S. Retirement account approved

 

The long term indicator average is 67% Sell; a short position should be established.

Defining risk, hedging the position and calculating maximum trade exposure for this short position

To control maximum risk per trade this program writes out of the money options against the position to collect premium and uses the collected premium to pay for the options purchased to hedge (limit risk). Although this limits profit potential it allows you to offset the cost of the hedge and maintain the position with defined risk for the entire duration of the trade regardless of market volatility.

In this example short I’m writing an out of the money put against my short futures position and buying an out of the money call to hedge risk. To price out the option writes and purchases click on the Options link below.

Contract	Month	Open	HIgh	Low	Last	Change	Time	Links
30 year T-bond (ZBMO)	Jun 10	116-12	116-25	116-03	116-21	+0-08	10:59	Options

Required to calculate maximum risk

The strike and premium collected on the put option sold to generate revenue

The strike and premium paid for the call option purchased to hedge risk

The objective is to generate revenue by writing the put option against the position to offset the cost of the hedging the position.

The only way this short futures position can be called away is at a profit.

If the market moves higher against the short position you can deliver the losing position at the strike price of the purchased call option.

Apri 2010	Open	HIgh	Low	Last	Time	Value
Exp: 03/26/10 Days to Exp: 30 Futures: ZBM10 116-21
Purchase 117.00C	0-63	1-08	0-56	0-57	14:13	890.63
Write 115.00P	0-48	0-48	0-38	0-46	12:36	718.75

Example

Hedge- buy                                           117.00 call -$890.63

Position SHORT June Treasury Bond   116 21/32nds

Write                                                   115.00 put  +$718.75

 

Summary

Short the June 30 Year Treasury Bond 116 21/32nds

Premium collected +$718.75 for the put written against the short position

Premium paid -$890.63 to purchase the call option to hedge the position

Net cost of the hedge -$171.88 (expiration for both options 3/26/10)

Maximum loss             -$515.63

Maximum profit            +$1,453.12

+ or - exchange bid/ask, clearing and exchange fees

 

Maximum loss for the trade duration - if the market moves against the major trend to 117.00 or higher -$515.63 

Short at 116 21/32nds purchased call option engages at 117.00 for a loss of 11/32nds or -$343.75 + the net cost of the hedge -$171.88 = -$515.63 + exchange bid/ask, clearing and exchange fees

Maximum profit for the trade duration - if the market moves with the major trend to 115.00 or lower

Short at 116 21/32nds put option sold engages at 115.00 for a profit of +$1,656.25 on the position – the net cost of the hedge -$203.13 = +1,453.12  exchange bid/ask, clearing and exchange fees

 

Having monitored advisors and programs for over 20 years I can fully appreciate how difficult it can be to find a program or strategy that can offer

Superior returns
Defined risk
Minimal time expended ( orders can be placed automatically)
Low minimum investment levels (25K to 250K).
Customer control of markets and number of contracts traded
Low fees
Daily liquidity
US Retirement account approved

I believe this is program offers these features. To track the real-time performance of this program we ask all potential customers to demonstrate they are qualified by completing the necessary applications to open. This process allows us the control who is monitoring the trades live and pre-approve your account should you decide to open.

If you have additional questions please call me on US+949-376-8020 with this page up http://keypage.net/ and I’ll answer them and provide immediate links for verification.

Additional services we provide

Rankings and profiles on 900+ trading advisors

Multi manager portfolio allocations using the 900 advisors ranked

Select long term fundamentally solid trading opportunities

Quotes, research on all Futures and Forex market

If you’d like additional investment recommendations in the sectors of your choice either managed or self directed please define your objectives, amount you’d like to invest and maximum risk then call me directly on US+ 949-376-8020 or email peterc@catranis.com

To open any type of account please call or email and my staff will follow up with the correct account forms, disclosures and opening instructions.

Click here for our office location (Located in the Wells Fargo Bank building 13th floor, 2030 Main Street Irvine CA 92614 (walking distance from John Wayne Airport)

If you ever visit us in Southern California below are a few links to my favorite places to stay close to the office.

Montage my favorite, romantic, great spa a should be a big hit with the significant other.
St. Regis very nice but not on the beach, great for golfers year round, home of the $400,000 post bailout AIG party.
Ritz Carlton nice facility, on the beach, great for golfers.
Pelican Hill extremely nice, I live next to this resort, beautiful facility across from the beach, great for golfers.

Airport John Wayne Orange County
Hanger Private hanger and/or charter Citation, Beechjet, Lear, Hawker, Falcon, Challenger or Gulfstream
Limo Back Bay Limousine

Looking forward to your comments and/or questions.

Regards,
Peter Catranis
USA +949-376-8020
US Toll-Free 800-994-5757
Mobile US+949-376-8020
Fax US+ 949-643-7111
Email peterc@catranis.com

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The risk of loss in trading commodities can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. The high degree of leverage that is often obtainable in commodity trading can work against you as well as for you. The use of leverage can lead to large losses as well as gains. In some cases, managed commodity accounts are subject to substantial charges for management and advisory fees. It may be necessary for those accounts that are subject to these charges to make substantial trading profits to avoid depletion or exhaustion of their assets. The disclosure document of a commodity trading advisor ("CTA") contains a complete description of the principal risk factors and each fee to be charged to your account by the CTA.

The risk of loss in trading foreign exchange can be substantial. You should therefore carefully consider whether such trading is suitable in light of your financial condition. You may sustain a total loss of funds and any additional funds that you deposit with your broker to maintain a position in the foreign exchange market. Actual past performance is no guarantee of future results. Simulated performance results also have certain limitations unlike actual performance records, simulated results do not represent composite trading. Also, since trades have not actually been executed for this composite, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity, simulated trading results, in general are also subject to the fact they are designed with the benefit of hindsight. No representation can or is being made that any trading system will, or is likely, to achieve profits or losses similar to those shown in this simulated performance record.

The performance records have been calculated in a manner we believe to be reasonable and are based on the respective leverage factors intended to be used. Prospective investors must recognize that any simulation of a hypothetical record, even when based on actual trading systems, with qualified trade execution, has inherent limitations. We believe that the records as presented should be of interest to investors in determining whether to participate, such rates of return should by no means be taken as an indication of how the system will perform or would have performed, even given the same trades. Any performance record compiled from individual performance records of any trading methodologies has certain hypothetical and artificial characteristics and must be evaluated accordingly.

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.

Although adding Managed Futures investments to a portfolio may provide diversification, Managed Futures investments are not a hedging mechanism; there is no guarantee that Managed Futures investments will appreciate during periods of inflation or stock and bond market declines.