The ODINET Program uses the concept of Option Deviation Index (ODI) analysis. A description of the Option Deviation Index was published in the March 2005 edition of "Futures" magazine. The strategy combines a trend following concept and a spread trading technique exclusively developed for the ODI analysis, however it does not rely on market direction forecasting as ODINET can generate profits in different market scenarios.
The advisor engages selected option spreads appropriate to current ODI readings. Spreads are being adjusted accordingly to the S&P500 index action.
UNISystems uses solely option spreads and does not engage in selling uncovered (naked) options.