White Indian Trading Company

(SCS Interest Rate - Prop)

Fund Investment Objectives

SCS - SCANTILY CLAD STRADDLE - Interest Rate program involves the sale of a straddle (usually the most liquid options and with the most time premium) in Interest Rate products and placing stop orders in the underlying market to create delta coverage once the market trends in a direction. Returns are based on proforma adjustments to a proprietary account to reflect fees. Client accounts are traded in like fashion.