| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 5,811 | $195,640.35 | $225,786.4 | $30,146.05 | 15.41% |
Jeff Ameen Spire Wealth Management | 80,088 | $2.77M | $3.11M | $336,425.43 | 12.13% |
Christian Keedy Guardian Wealth Advisors LLC / Nc | 4,800 | $158,772 | $186,600 | $27,828 | 17.53% |
| CAL CoreCap Advisors LLC CoreCap Advisors LLC | 4,298 | $132,703.78 | $167,213.69 | $34,509.91 | 26.01% |
| TRG Timothy R. Guthrie Bullseye Investment Management LLC | 35,520 | $1.15M | $1.38M | $231,945.6 | 20.16% |
| BATS Exchange | US Country |
The described company focuses on investment strategies primarily involving FLexible EXchange® Options (FLEX Options) that are tied to the performance of the SPDR® S&P 500® ETF Trust. FLEX Options are distinct in that they offer customizable terms and are exchange-traded, providing a level of flexibility not typically available with standard options contracts. However, it is important to note that these investments carry counterparty risk associated with the Options Clearing Corporation (OCC), despite being guaranteed for settlement by the OCC. Additionally, FLEX Options may exhibit less liquidity compared to more traditional options. This investment approach reflects the company’s specialized focus, catering to investors looking for tailored investment solutions in the options market, specifically those seeking exposure to the S&P 500 through a vehicle with potentially unique risk/reward characteristics. The fund is non-diversified, indicating a concentrated investment strategy that may increase its volatility compared to diversified funds.
FLEX Options are a central component of the company's product offerings. These are exchange-traded options that provide investors with the ability to customize key terms of the option contract, unlike standard options. Customizable aspects can include, but are not limited to, the strike price, expiration date, and whether the option is American or European style. This customization allows investors to tailor their investment strategies to meet specific financial goals or hedge against market fluctuations. Despite their tailored nature, it's crucial for investors to be aware of the counterparty risk associated with the OCC and the potential for reduced liquidity.
The fund’s strategic focus involves investing at least 80% of its net assets in FLEX Options that reference the SPDR® S&P 500® ETF Trust, a staple in equity market investments that tracks the S&P 500 Index. This approach allows for exposure to the broad U.S. equity market through an ETF that is widely recognized for its performance and liquidity. By using FLEX Options to invest in the Underlying ETF, the company provides a unique mechanism for achieving S&P 500 exposure with the potential for customized risk management and speculative strategies not typically possible with direct ETF investments.