{"componentChunkName":"component---src-templates-news-index-tsx","path":"/news/post1/","result":{"data":{"mdx":{"body":"var _excluded = [\"components\"];\n\nfunction _extends() { _extends = Object.assign ? Object.assign.bind() : function (target) { for (var i = 1; i < arguments.length; i++) { var source = arguments[i]; for (var key in source) { if (Object.prototype.hasOwnProperty.call(source, key)) { target[key] = source[key]; } } } return target; }; return _extends.apply(this, arguments); }\n\nfunction _objectWithoutProperties(source, excluded) { if (source == null) return {}; var target = _objectWithoutPropertiesLoose(source, excluded); var key, i; if (Object.getOwnPropertySymbols) { var sourceSymbolKeys = Object.getOwnPropertySymbols(source); for (i = 0; i < sourceSymbolKeys.length; i++) { key = sourceSymbolKeys[i]; if (excluded.indexOf(key) >= 0) continue; if (!Object.prototype.propertyIsEnumerable.call(source, key)) continue; target[key] = source[key]; } } return target; }\n\nfunction _objectWithoutPropertiesLoose(source, excluded) { if (source == null) return {}; var target = {}; var sourceKeys = Object.keys(source); var key, i; for (i = 0; i < sourceKeys.length; i++) { key = sourceKeys[i]; if (excluded.indexOf(key) >= 0) continue; target[key] = source[key]; } return target; }\n\n/* @jsxRuntime classic */\n\n/* @jsx mdx */\nvar _frontmatter = {\n  \"title\": \"OptionAgent Launch & Initial Results\",\n  \"author\": \"Bart DeCanne\",\n  \"description\": \"Welcome to a brand new hedge fund.\",\n  \"date\": \"2022-12-01\",\n  \"images\": [\"blog-1.jpg\"],\n  \"tags\": [\"optionagent\", \"fund\", \"launch\"]\n};\nvar layoutProps = {\n  _frontmatter: _frontmatter\n};\nvar MDXLayout = \"wrapper\";\nreturn function MDXContent(_ref) {\n  var components = _ref.components,\n      props = _objectWithoutProperties(_ref, _excluded);\n\n  return mdx(MDXLayout, _extends({}, layoutProps, props, {\n    components: components,\n    mdxType: \"MDXLayout\"\n  }), mdx(\"h3\", null, \"OptionAgent Launch & Initial Results after 2 Months\"), mdx(\"br\", null), mdx(\"p\", null, mdx(\"strong\", {\n    parentName: \"p\"\n  }, \"Welcome to OptionAgent (OA)!\")), mdx(\"p\", null, \"The launch of the OA hedge fund has been more than 2.5 years in the making, since the early days of the pandemic in April 2020 (read about \", mdx(\"a\", {\n    parentName: \"p\",\n    \"href\": \"/team\"\n  }, \"our story\"), \").\\nSo I won\\u2019t dwell on the past here. But I\\u2019m delighted to finally launch the option strategy that was developed since then into a full-fledged hedge fund.\"), mdx(\"br\", null), mdx(\"p\", null, \"The fund actually started trading on October 1 2022. Today 2 months later, we launch\\nthe fund publicly after obtaining performance results of the first 2 months - results\\ntabulated and verified by an independent 3rd party fund administrator who also provides\\nthe monthly statements to each investor.\"), mdx(\"br\", null), mdx(\"p\", null, \"As OA aims to provide an alternative to traditional stock investing, the past 2 months have been atypical\\nvs what has transpired in the market since the start of 2022. The market actually reached a low on September 30, just before we started\\ntrading, and has since seen a 14% cumulative gain during October and November.\\nThe OA investment strategy particularly shines during times of stagnant or slightly\\ndown markets; that\\u2019s when our market outperformance is expected to be highest. This\\nis because we are volatility-based, so we are monetizing changes in the market, whether\\nthey are up OR down.\"), mdx(\"br\", null), mdx(\"p\", null, \"The OA fund replicates an investment strategy used\\nin a personal account from April 2020 until end of June 2022. So while the fund is\\nnew, we do have a 2.5 year history to show. Although not audited since a personal account (and we cannot legally\\nclaim it is in any way representative of our fund performance), it does provide some interesting\\ninsight. As you can see on the graph below, we had a return that equaled the market return of about 60% during the first 12 months.\\nThen as the market peaked, became stagnant, and later started its significant decline from late 2021,\\nwe started outperforming from Q3 2021, and accumulating ever more until end of Q2 2022\\n(benchmarks shown are S&P500, Nasdaq-100 and ARK Innovation ETF).\"), mdx(\"br\", null), mdx(\"p\", null, mdx(\"span\", {\n    parentName: \"p\",\n    \"className\": \"gatsby-resp-image-wrapper\",\n    \"style\": {\n      \"position\": \"relative\",\n      \"display\": \"block\",\n      \"marginLeft\": \"auto\",\n      \"marginRight\": \"auto\",\n      \"maxWidth\": \"1035px\"\n    }\n  }, \"\\n      \", mdx(\"a\", {\n    parentName: \"span\",\n    \"className\": \"gatsby-resp-image-link\",\n    \"href\": \"/static/d2d45ab0a334bb89e3e7abd6f78b6eaf/f32bc/blog-2.jpg\",\n    \"style\": {\n      \"display\": \"block\"\n    },\n    \"target\": \"_blank\",\n    \"rel\": \"noopener\"\n  }, \"\\n    \", mdx(\"span\", {\n    parentName: \"a\",\n    \"className\": \"gatsby-resp-image-background-image\",\n    \"style\": {\n      \"paddingBottom\": \"66.40926640926641%\",\n      \"position\": \"relative\",\n      \"bottom\": \"0\",\n      \"left\": \"0\",\n      \"backgroundImage\": \"url('data:image/jpeg;base64,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')\",\n      \"backgroundSize\": \"cover\",\n      \"display\": \"block\"\n    }\n  }), \"\\n  \", mdx(\"img\", {\n    parentName: \"a\",\n    \"className\": \"gatsby-resp-image-image\",\n    \"alt\": \"Personal account historical performance!\",\n    \"title\": \"Performance\",\n    \"src\": \"/static/d2d45ab0a334bb89e3e7abd6f78b6eaf/af659/blog-2.jpg\",\n    \"srcSet\": [\"/static/d2d45ab0a334bb89e3e7abd6f78b6eaf/8356d/blog-2.jpg 259w\", \"/static/d2d45ab0a334bb89e3e7abd6f78b6eaf/bc760/blog-2.jpg 518w\", \"/static/d2d45ab0a334bb89e3e7abd6f78b6eaf/af659/blog-2.jpg 1035w\", \"/static/d2d45ab0a334bb89e3e7abd6f78b6eaf/51eb8/blog-2.jpg 1553w\", \"/static/d2d45ab0a334bb89e3e7abd6f78b6eaf/f32bc/blog-2.jpg 1940w\"],\n    \"sizes\": \"(max-width: 1035px) 100vw, 1035px\",\n    \"style\": {\n      \"width\": \"100%\",\n      \"height\": \"100%\",\n      \"margin\": \"0\",\n      \"verticalAlign\": \"middle\",\n      \"position\": \"absolute\",\n      \"top\": \"0\",\n      \"left\": \"0\"\n    },\n    \"loading\": \"lazy\"\n  }), \"\\n  \"), \"\\n    \")), mdx(\"br\", null), mdx(\"p\", null, \"Did we find alpha? Time will tell over the next months as the fund gathers\\nadditional monthly performance numbers. Unlike many hedge funds our goal is to be\\n100% transparent about our results and update the home page around the first of each\\nmonth with the latest monthly results. With some of the market pundits expecting\\na roughly flat S&P500 between now and end of 2023 (albeit with lots of expected volatility in between we aim to monetize...), the future for OA may just be bright!\"), mdx(\"br\", null), mdx(\"p\", null, \"And of course, if you\\u2019re an Accredited Investor, we hope you will \", mdx(\"a\", {\n    parentName: \"p\",\n    \"href\": \"/contact\"\n  }, \"reach out\"), \" to consider\\njoining us on this journey.\"), mdx(\"br\", null));\n}\n;\nMDXContent.isMDXComponent = true;","excerpt":"OptionAgent Launch & Initial Results after 2 Months Welcome to OptionAgent (OA)! The launch of the OA hedge fund has been more than 2.…","frontmatter":{"description":"Welcome to a brand new hedge fund.","title":"OptionAgent Launch & Initial Results","date":"December 01, 2022","author":"Bart DeCanne","tags":["optionagent","fund","launch"],"images":[{"childImageSharp":{"fixed":{"base64":"data:image/jpeg;base64,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","width":400,"height":267,"src":"/static/597ebb19b3fa0b96941f6b3370b71d4d/2244e/blog-1.jpg","srcSet":"/static/597ebb19b3fa0b96941f6b3370b71d4d/2244e/blog-1.jpg 1x,\n/static/597ebb19b3fa0b96941f6b3370b71d4d/4fe8c/blog-1.jpg 1.5x,\n/static/597ebb19b3fa0b96941f6b3370b71d4d/14b42/blog-1.jpg 2x"},"fluid":{"base64":"data:image/jpeg;base64,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","aspectRatio":1.5,"src":"/static/597ebb19b3fa0b96941f6b3370b71d4d/0d31e/blog-1.jpg","srcSet":"/static/597ebb19b3fa0b96941f6b3370b71d4d/ba5d5/blog-1.jpg 150w,\n/static/597ebb19b3fa0b96941f6b3370b71d4d/99d74/blog-1.jpg 300w,\n/static/597ebb19b3fa0b96941f6b3370b71d4d/0d31e/blog-1.jpg 600w,\n/static/597ebb19b3fa0b96941f6b3370b71d4d/2175c/blog-1.jpg 900w,\n/static/597ebb19b3fa0b96941f6b3370b71d4d/f30f1/blog-1.jpg 1200w,\n/static/597ebb19b3fa0b96941f6b3370b71d4d/b7a6d/blog-1.jpg 1920w","sizes":"(max-width: 600px) 100vw, 600px"}}}]}}},"pageContext":{"slug":"/news/post1/","prev":{"node":{"fields":{"slug":"/news/post2/"},"frontmatter":{"tags":["optionagent","fund","taxes"],"title":"How to Minimize Taxes On Your Investment"},"id":"c7b68e09-f68f-5a33-96b3-b0c91b639850"}},"next":null}},"staticQueryHashes":["1095876681","2213392605","238224704","2932184110","3028016483","3699682132","748283036"]}