| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TRG Timothy R. Guthrie Bullseye Investment Management LLC | 29,402 | $975,720.07 | $1.21M | $229,467.91 | 23.52% |
| MFA Millington Financial Advisors LLC Millington Financial Advisors LLC | 30,303 | $902,882.45 | $1.24M | $339,843.58 | 37.64% |
Wood Tarver Financial Group LLC Wood Tarver Financial Group LLC | 5,467 | $209,670.38 | $223,982.99 | $14,312.61 | 6.83% |
| BATS Exchange | US Country |
This fund is specifically tailored for investment in FLEX Options that are geared towards the SPDR® S&P 500® ETF Trust. FLEX Options are a type of exchange-traded option offering investors increased flexibility regarding the terms of their contracts. The chosen underlying ETF for investment—the SPDR® S&P 500® ETF Trust—aims to mirror the performance of the S&P 500 Index. This index is well-known for encapsulating a broad spectrum of the U.S. equity market, focusing on 500 of the leading large-cap companies across various industries. Governed by the Investment Company Act of 1940, also known as the 1940 Act, the fund underscores a non-diversified investment strategy, committing at least 80% of its net assets directly into the portfolio of FLEX Options that relate to the underlying ETF.
FLEX Options are derivative instruments that provide investors with the ability to customize key contract terms like exercise prices, styles, and expiration dates. The flexibility afforded by FLEX Options enables more precise hedging and investment strategies, tailored to meet specific market views or portfolio needs. This fund primarily invests in FLEX Options referencing the SPDR® S&P 500® ETF Trust, thereby offering a targeted approach towards capturing the performance of the S&P 500 Index through a derivative instrument.
As the underlying asset for the fund's primary investments, the SPDR® S&P 500® ETF Trust is a crucial component of the products offered. This ETF seeks to replicate the performance of the S&P 500 Index, thereby providing exposure to 500 of the largest U.S. companies across a wide range of sectors. Investing in this ETF indirectly through FLEX Options allows the fund to potentially benefit from the growth of the U.S. equity market while maintaining the flexibility and strategic advantages offered by FLEX Options.