The WALL STREET PROGRAM is based on a systematic quantitative methodology developed by using Option Deviation Index (ODI) analysis. A description of the Option Deviation Index was published in the March 2005 edition of Futures magazine. The Advisor establishes and adjusts positions based upon model output. The model based on ODI analysis identifies and takes advantage of the long-term direction of the S&P500 stock index by using options on futures and futures contracts on the S&P500 stock index and E-mini S&P500.
The Wall Street Program is S&P500 index driven, but uses options for hedging and generating additional return during consolidation periods. As the strategy follows long-term market sentiment it takes long and short positions in futures contracts correlated with S&P500, however changes in directional positions occur in long term intervals. The Program does not attempt to generate higher returns than S&P500 in long-term uptrend, but rather look for additional returns during consolidation and long-term downtrend periods.