Tracking CTAs since 1994
Warrington Asset Management
Tactical Program
Principal(s): Scott Carlisle Kimple
Strategy: Discretionary / Option Writer / Stock Indices
Statistical Reports are Subscription Based
Trading Description, Risk Strategy & Background
Warrington Asset Management's Tactical trading program builds on the firm's nineteen year history of successful money management. Utilizing a fundamental, discretionary trading strategy based solely on S&P 500 futures options, we seek to produce consistent, non-volatile, superior returns that are uncorrelated to stocks, bonds, and other CTAs. The short-term trading strategy sells options, usually 1-2 weeks before expiration, which are deep out-of-the-money to capture small, consistent profits, with disciplined risk management to protect against adverse market moves. The option trades are spread across multiple serial, quarterly, end-of-month and weekly expirations, providing additional diversification.
N/A
Performance
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ROR | Max DD | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.91% | 0.61% | -0.44% | -1.04% | – | – | – | – | – | – | – | – | 0.03% | -1.48% |
| 2024 | 0.52% | 0.78% | 0.81% | 0.74% | 0.78% | 0.71% | 0.75% | -5.96% | 1.55% | 1.38% | 1.58% | 1.56% | 5.08% | -5.96% |
| 2023 | 0.09% | 0.15% | 0.07% | 0.11% | 0.23% | 0.22% | 0.29% | 0.41% | 0.31% | 0.37% | 0.54% | 0.63% | 3.47% | 0.00% |
| 2022 | -0.30% | 0.00% | 0.20% | -0.09% | -0.12% | -0.23% | 0.03% | 0.07% | 0.00% | 0.02% | -0.01% | 0.13% | -0.30% | -0.54% |
| 2021 | 0.35% | 0.26% | 0.31% | 0.33% | 0.53% | 0.49% | 0.49% | 0.33% | 0.36% | 0.28% | 0.11% | 0.11% | 4.02% | 0.00% |
| 2020 | -0.11% | 0.10% | 0.01% | 0.47% | 0.46% | -0.24% | 0.38% | 0.35% | -1.03% | 0.31% | 0.24% | 0.46% | 1.40% | -1.03% |
| 2019 | 0.43% | 0.39% | 0.51% | 0.56% | -0.02% | 0.73% | 0.75% | -0.17% | 0.43% | 0.05% | 0.45% | 0.39% | 4.59% | -0.17% |
| 2018 | 0.55% | 0.73% | -0.16% | 0.39% | 0.38% | 0.35% | 1.16% | 0.58% | 1.00% | 0.01% | 0.24% | -0.06% | 5.28% | -0.16% |
| 2017 | 0.78% | 0.73% | 1.00% | 1.06% | 0.83% | 0.60% | 0.58% | 0.46% | 0.71% | 0.92% | -0.10% | -0.19% | 7.63% | -0.29% |
| 2016 | -0.05% | 0.80% | 0.88% | 0.32% | 0.21% | 0.56% | 0.84% | 0.45% | 0.52% | 0.07% | 0.36% | 0.92% | 6.04% | -0.05% |
| 2015 | 1.69% | 2.05% | -0.78% | 0.46% | 0.74% | 0.80% | 0.51% | -0.06% | -1.24% | 0.62% | 1.11% | 1.44% | 7.54% | -1.30% |
| 2014 | 1.52% | 2.50% | 2.23% | 1.62% | 1.34% | 1.48% | 1.83% | 0.89% | 1.15% | -4.12% | 1.60% | 1.90% | 14.68% | -4.12% |
| 2013 | -0.18% | 0.57% | 0.89% | 0.72% | 0.37% | 0.45% | 0.65% | 1.13% | 0.13% | 1.66% | 1.23% | 2.55% | 10.63% | -0.18% |
| 2012 | – | – | – | – | -0.12% | 0.74% | 0.21% | 0.09% | -0.13% | 0.39% | 0.05% | 0.38% | 1.62% | -0.13% |
Accounting Notes: Prior to February 2015, the performance returns presented herein are the composite returns of Warrington Asset Management LLC (the "Manager") representing multiple managed accounts consisting of proprietary capital of Mr. Scott Kimple, the principal of the Manager (the "Proprietary Returns"). The Proprietary Returns are presented pro forma net of fees (2% management fee and 20% performance allocation) and net of all brokerage and trading related expenses. Starting with February 2015, the performance returns presented herein are the composite returns of the Manager representing multiple third party managed accounts (the "Third Party Returns"). The Third Party Returns are presented net of all fees (2% management fee and 20% performance allocation) and net of all brokerage and trading related expenses.
PAST PERFORMANCE DOES NOT GUARANTEE FUTURE SUCCESS. THERE IS A RISK OF LOSS IN FUTURES TRADING.>
THERE IS UNLIMITED RISK OF LOSS ASSOCIATED WITH WRITING SHORT OPTION CONTRACTS.
Accounting Notes:
Prior to February 2015, the performance returns presented herein are the composite returns of Warrington Asset Management LLC (the "Manager") representing multiple managed accounts consisting of proprietary capital of Mr. Scott Kimple, the principal of the Manager (the "Proprietary Returns"). The Proprietary Returns are presented pro forma net of fees (2% management fee and 20% performance allocation) and net of all brokerage and trading related expenses. Starting with February 2015, the performance returns presented herein are the composite returns of the Manager representing multiple third party managed accounts (the "Third Party Returns"). The Third Party Returns are presented net of all fees (2% management fee and 20% performance allocation) and net of all brokerage and trading related expenses.Risk Disclosure
PAST PERFORMANCE DOES NOT GUARANTEE FUTURE SUCCESS. IN SOME CASES MANAGED ACCOUNTS ARE CHARGED SUBSTANTIAL COMMISSIONS AND ADVISORY FEES. THOSE ACCOUNTS SUBJECT TO THESE CHARGES, MAY NEED TO MAKE SUBSTANTIAL TRADING PROFITS JUST TO AVOID DEPLETION OF THEIR ASSETS. EACH COMMODITY TRADING ADVISOR ("CTA") IS REQUIRED BY THE COMMODITY FUTURES TRADING COMMISSION ("CFTC") TO ISSUE TO PROSPECTIVE CLIENTS A RISK DISCLOSURE DOCUMENT OUTLINING THESE FEES, CONFLICTS OF INTEREST AND OTHER ASSOCIATED RISKS. A HARD COPY OF THESE RISK DISCLOSURE DOCUMENTS ARE READILY AVAILABLE BY CLICKING ON EACH CTA'S "REQUEST DISCLOSURE DOCUMENT" BUTTON.
THE FULL RISK OF COMMODITY FUTURES, OPTIONS AND FOREX TRADING CAN NOT BE ADDRESSED IN THIS RISK DISCLOSURE STATEMENT. NO CONSIDERATION TO INVEST SHOULD BE MADE WITHOUT THOROUGHLY READING THE DISCLOSURE DOCUMENT OF EACH OF THE CTAS IN WHICH YOU MAY HAVE AN INTEREST. REQUESTING A DISCLOSURE DOCUMENT PLACES YOU UNDER NO OBLIGATION AND EACH DOCUMENT IS PROVIDED AT NO COST. THE CFTC HAS NOT PASSED UPON THE MERITS OF PARTICIPATING IN ANY OF THE FOLLOWING PROGRAMS NOR ON THE ADEQUACY OR ACCURACY OF THE DISCLOSURE DOCUMENTS. OTHER DISCLOSURE STATEMENTS ARE REQUIRED TO BE PROVIDED TO YOU BEFORE AN ACCOUNT MAY BE OPENED FOR YOU.
PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. PROSPECTIVE CLIENTS SHOULD NOT BASE THEIR DECISION ON INVESTING IN THIS TRADING PROGRAM SOLELY ON THE PAST PERFORMANCE PRESENTED. ADDITIONALLY, IN MAKING AN INVESTMENT DECISION, PROSPECTIVE CLIENTS MUST ALSO RELY ON THEIR OWN EXAMINATION OF THE PERSON OR ENTITY MAKING THE TRADING DECISIONS AND THE TERMS OF THE ADVISORY AGREEMENT INCLUDING THE MERITS AND RISKS INVOLVED.
AUTUMN GOLD CTA INDEXES ARE NON-INVESTABLE INDEXES COMPRISED OF THE CLIENT PERFORMANCE OF CTA PROGRAMS INCLUDED IN THE AUTUMN GOLD DATABASE AND DO NOT REPRESENT THE COMPLETE UNIVERSE OF CTAS. INVESTORS SHOULD NOTE THAT IT IS NOT POSSIBLE TO INVEST IN THESE INDEXES.