Program Inception : Jul-04
Option Selling Strategy
PrincipaJ(s): Craig Kendall, CPA
Contact: Gaurav Gupta
Registration: RegCTA,RegNFA
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VAMI Chan e
Duration Months
Peak Date
Valley Date
Reeov. Mon ths
-16.26 % -3.44 % -1.00 % -0.60 % -0.18 %
4 2 1 1 1
Mar-OS Aug-06 Jul-0 4 Dec-04 Feb-07
Jul-0 5 Oct-06 Aug-0 4 Jan-OS Mar-07
2 2 1 1 1
Months
Best
Worst
1 3 6 12 18 24
20.3% 43.3% 67.5% 111.7 % 157.6 %
152.5 %
-8.3 % -11.6 % -13.3 % 2.8 % 70.1 % 107.9 %
U nderwater Curve
.
Retums Av
Latest
3.4 % 10.6 % 22.5% 53.8 % 97.2 % 125.0 %
.
7.1 % 7.3 % 18.6% 48.9% 92.9 % 152.5 %
Statistical
Months
AROR
SharpeM
Semi
RRR
12 18 24
48.9 % 55.0 % 58.9 %
3.85 4.77 3.63
3.7 % 3.3 % 4.7 %
58.70 96.44 36.19
ROR Di stributi o n
nnpiled by International Traders Research, Inc. www.Mana~dFut ures. eom
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