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Kona Peak LLC 

Volatility Arbitrage

Manager: Dale Olson

Address: W315S3221 Harvest View Dr, Waukesha, WI, 53189, U.S.A.

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RETURNS.

Overview

Program Type:CTA
Inception Date:Nov 20, 2017
AUM:$108,477
QEP:No
Incentive Fee:20%
Annual Mgt Fee:1%
Min Investment:$50,000
Disclosure Doc:View
Performance Program S&P 500
Total ROR:8.26%0.02%
Annual ROR:17.21%0.04%
YTD:7.22%-0.96%
1 Year:8.26%9.80%
Alpha:1.36
Beta:-0.30
Statistics Program S&P 500
Average Monthly Gain:2.26%2.40%
Average Monthly Loss:-0.49%-2.30%
Winning Months:43
Losing Months:23
Current DD:0.006.22
Max DD:0.826.48
Sharpe Ratio (RF 1%):2.61
Annualized Std Dev:6.22

Methodology

Discretionary:50%
Systematic:50%

Strategy

StrategyMulti-Strategy
DirectionalLong / Short
Holding PeriodShort Term
---------------------------
Arbitrage:25%
Option Spreads:25%
Quantitative:25%
Volatility:25%

Monthly Returns as Percentage by Year

JanFebMarAprMayJunJul AugSepOctNovDecYTD
2018-0.164.210.942.097.22
2017-0.821.810.98

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RETURNS.

Program Info

The Kona Peak Volatility Arbitrage program investment objective is capital appreciation with excellent risk adjusted returns regardless of the overall stock or bond market direction. The goal of volatility arbitrage is to take advantage of differences between the implied volatility of the option, and a forecast of future realized volatility of the option's underlying. The program normally sells high volatility premium and occasionally buys low volatility premium. The primary strategy utilized is selling vertical credit spreads to collect premium with only covered risk-defined positions. The program uses a tactical swing trading time frame and a hybrid systematic/discretionary methodology with key trade signals based on quantitative factors. The Program is diversified across macro asset classes and will trade Emini S&P 500 equity index futures and options, 30 Year Treasury Bond interest rate futures and options, Euro currency futures and options, VIX volatility futures and commodity futures and options including Gold, Crude Oil, and Soybeans.

Company Info

Founded in 2017 by Dale Olson, Kona Peak LLC is an alternative investment manager based in Waukesha, Wisconsin. Kona Peak became registered with the Commodity Futures Trading Commission (“CFTC”) as a Commodity Trading Advisor (“CTA”) and became a member of the National Futures Association (“NFA”) on March 15, 2018. Much like the Kona Hawaii Ironman, successful investing is the ultimate endurance challenge. The Kona Peak mission is to operate at an elite level, striving to consistently generate peak performance for our clients.

Manager Info

Mr. Dale Olson became registered as an Associated Person (“AP”) of Kona Peak on March 15, 2018 and became listed as a principal of Kona Peak on March 15, 2018. Dale holds his Series 3 License with investment experience managing his own personal proprietary futures accounts. For the past five years Dale has provided consulting services within the insurance marketplace. His insurance industry experience was instrumental in formulating his options investment strategies. Similar to an insurance company, our primary strategies involve net selling of options using statistically calculated risk to collect premium on a day-to-day basis. Dale holds a degree in Management Information Systems from Iowa State University and an MBA degree from the University of Wisconsin Milwaukee.