Capital Limited

Fund Investment Objectives

OPTION CAPITAL's strategy is based on writing calls and puts on out-of-the-money options on commodity futures (primarily on currencies and energy resources). The strategy is designed to capture the decay of option premiums. Primarily uncovered or naked options are sold. The trading strategy is non-directional and both fundamental and technical analysis is incorporated into the trading decision. In case of market fluctuations as well as unprecedented fall of markets we usually close positions or open the opposite position in same option with different strike price or use method of delta hedging.