Buckingham Global Advisors, LLC
WEEKLY E MINI Program (WEP)
Principal(s): Charles Dai & Vishal Olson
Strategy: ST / Systematic / Option Writer / E Mini
Statistical Reports are Subscription Based
Trading Description, Risk Strategy & Background
- Buckingham's Weekly E-mini Program (WEP) is a commodity option strategy employing an absolute return investment approach. The Strategy primarily writes (sells) a series of out of money (OTM) call and put option naked or spread combination on S&P 500 E-mini futures.
- WEP focuses on short duration derivatives - the option expires within 2-8 days, because the time decay is the greatest in those final days. It does this primarily by identifying the option strikes with best risk/reward ratio according to our proprietary Quant model.
- WEP aims for Sharpe Ratio +2.0 long term (5+ years) considering tail risk due to the economic cycles.
- Long options or VIX hedge is implemented to reduce drawdown based on daily P/L.
N/A
Charles Dai, CEO/CIO: Mr. Dai is the Chief Executive Officer of Buckingham Global Advisors, LLC., and the Portfolio Manager for the WEP and SEP strategies. Mr. Dai spent the early years of his career in a computer and software engineering capacity including employment at EMC Corporation and Ford Motor Company. In May 2008, Mr. Dai started his professional finance career with Deutsche Bank as a trader in the Asia equity proprietary trading desk. Mr. Dai left Deutsche Bank during the financial crisis, returning to Chicago to complete graduate school. Mr. Dai obtained MBA degree in Finance from the University of Chicago, Booth School of Business in June of 2009. Upon graduation, Mr. Dai was hired as a Senior Quantitative Analyst for Modern Asset Group, a Commodity Pool Operator in Chicago. In this role, Mr. Dai spearheaded the development of a firm-wide strategy in selecting partner trading advisors, as well as designing a risk management policy. In December 2011, Mr. Dai moved to California due to family relocation. Between January 2012 and April 2016, Mr. Dai worked for Western Asset Management Company, one of the biggest bond funds on the West Coast as a Project Manager/Business Analyst in derivative trading. Since 2014, Mr. Dai had been actively prepared to offer investment services and eventually launched Weekly E Mini Program ("WEP") to outside investors in March 2015. Mr. Dai currently oversees all of Buckingham's investment strategies and trade execution.
Performance
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ROR | Max DD | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.41% | 0.61% | 1.04% | 1.04% | 1.02% | 0.47% | 0.96% | – | – | – | – | – | 5.68% | 0.00% |
| 2025 | 0.22% | 0.45% | 0.79% | 0.11% | 0.71% | 0.41% | 0.97% | 1.04% | 0.98% | 0.64% | 0.70% | 1.14% | 8.49% | 0.00% |
| 2024 | 0.70% | 0.94% | 1.31% | -0.08% | 1.03% | 1.01% | 1.20% | 1.18% | -0.50% | 1.15% | 1.01% | 0.14% | 9.47% | -0.50% |
| 2023 | 1.07% | 0.51% | 1.02% | 0.76% | 0.98% | 0.61% | 1.29% | 1.18% | 0.99% | 1.43% | 1.03% | 0.96% | 12.49% | 0.00% |
| 2022 | -0.07% | -4.65% | 1.49% | 0.54% | 1.72% | -2.03% | 1.35% | 1.50% | 0.30% | 1.38% | 0.96% | 0.03% | 2.35% | -4.72% |
| 2021 | 0.84% | 1.23% | 1.44% | 0.68% | 0.82% | 1.43% | 0.61% | 1.35% | 0.74% | 1.30% | 0.72% | 1.64% | 13.58% | 0.00% |
| 2020 | 0.78% | -10.61% | -3.53% | 0.95% | 0.84% | 1.12% | 1.62% | 1.31% | 1.11% | -0.62% | 1.38% | 1.42% | -4.85% | -13.77% |
| 2019 | 1.89% | 1.75% | 1.53% | 1.14% | -2.62% | 2.16% | 1.22% | 1.27% | 1.14% | 1.13% | 1.29% | 1.13% | 13.75% | -2.62% |
| 2018 | 2.09% | -4.75% | 0.96% | 2.49% | 2.10% | 1.67% | 2.41% | 1.75% | 1.65% | -4.97% | 1.56% | -1.38% | 5.29% | -4.97% |
| 2017 | 2.04% | 1.92% | 2.17% | 1.73% | 2.10% | 1.68% | 1.53% | 2.12% | 1.44% | 1.63% | 1.43% | 1.50% | 23.51% | 0.00% |
| 2016 | -6.28% | 4.37% | 2.31% | 1.75% | 2.20% | 1.70% | 1.85% | 1.72% | 1.77% | 1.96% | 2.35% | 1.78% | 18.50% | -6.28% |
| 2015 | – | – | 2.51% | 1.76% | 2.68% | 1.81% | 2.67% | -6.09% | 2.96% | 2.64% | 3.42% | 1.54% | 16.70% | -6.09% |
Track Record Compiled By: Buckingham Global Advisors, LLC
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.