Track Record
Daily results of one systematic options strategy, run on the author's own account, against SPY (S&P 500), net of fees, since the first live session.
Growth of 1,000
VAMI (Value-Added Monthly Index) shows what 1,000 invested on day one would be worth today: 1,500 would mean +50% since inception (total return, not annualized).
Calculation: VAMI starts at 1,000 and each day VAMIt = VAMIt−1 × (1 + rt), where rt is the published daily return. Source: own calculations.
Monthly
| Period | Convexa | SPY |
|---|---|---|
| 1–19 Oct 2026 MTD | −18.47% | +0.51% |
| 1–30 Sep 2026 | −17.01% | −0.33% |
| 5–31 Aug 2026 | +85.38% | −0.56% |
Weekly
| Period | Convexa | SPY |
|---|---|---|
| 16–19 Oct 2026 WTD | +3.68% | +0.42% |
| 9–16 Oct 2026 | −28.89% | −1.97% |
| 2–9 Oct 2026 | +13.46% | +1.16% |
| 25 Sep–2 Oct 2026 | −3.92% | −0.22% |
| 18–25 Sep 2026 | −12.33% | +1.26% |
| 11–18 Sep 2026 | +3.53% | −0.10% |
| 4–11 Sep 2026 | −1.58% | −0.77% |
| 28 Aug–4 Sep 2026 | −1.27% | +0.10% |
| 21–28 Aug 2026 | +19.53% | +0.48% |
| 14–21 Aug 2026 | +9.44% | −1.37% |
| 7–14 Aug 2026 | +11.37% | +0.40% |
| 5–7 Aug 2026 | +21.48% | +0.25% |
Daily sessions
| Session | Convexa | SPY |
|---|---|---|
| 19 Oct 2026 | +3.68% | +0.42% |
| 16 Oct 2026 | −6.81% | −1.11% |
| 15 Oct 2026 | −17.28% | +0.28% |
| 14 Oct 2026 | −9.76% | −1.08% |
| 13 Oct 2026 | −1.49% | −0.01% |
| 12 Oct 2026 | +3.76% | −0.06% |
| 9 Oct 2026 | +9.06% | +0.60% |
| 8 Oct 2026 | +2.28% | −0.42% |
| 7 Oct 2026 | +4.13% | −0.24% |
| 6 Oct 2026 | +1.98% | +0.55% |
| 5 Oct 2026 | −4.21% | +0.67% |
| 2 Oct 2026 | +1.26% | +0.74% |
| 1 Oct 2026 | −3.74% | +0.18% |
| 30 Sep 2026 | −2.69% | −0.21% |
| 29 Sep 2026 | −2.31% | −0.18% |
| 28 Sep 2026 | +3.71% | −0.74% |
| 25 Sep 2026 | +3.46% | +0.54% |
| 24 Sep 2026 | −4.29% | −0.08% |
| 23 Sep 2026 | +0.40% | −0.72% |
| 22 Sep 2026 | −9.15% | −0.02% |
| 21 Sep 2026 | −2.93% | +1.55% |
| 18 Sep 2026 | +0.84% | +0.13% |
| 17 Sep 2026 | −1.92% | +1.13% |
| 16 Sep 2026 | +2.66% | −0.44% |
| 15 Sep 2026 | +2.02% | −0.46% |
| 14 Sep 2026 | −0.05% | −0.45% |
| 11 Sep 2026 | +12.45% | +0.85% |
| 10 Sep 2026 | −4.74% | −0.60% |
| 9 Sep 2026 | −3.11% | −0.46% |
| 8 Sep 2026 | −5.17% | −0.55% |
| 4 Sep 2026 | −4.62% | −0.39% |
| 3 Sep 2026 | −1.24% | +1.05% |
| 2 Sep 2026 | +3.11% | +0.44% |
| 1 Sep 2026 | −2.96% | −0.69% |
| 31 Aug 2026 | +4.75% | −0.30% |
| 28 Aug 2026 | +3.86% | −0.23% |
| 27 Aug 2026 | +5.43% | +0.66% |
| 26 Aug 2026 | +2.44% | +0.02% |
| 25 Aug 2026 | +1.90% | +0.32% |
| 24 Aug 2026 | +4.57% | −0.29% |
| 21 Aug 2026 | +4.18% | +0.41% |
| 20 Aug 2026 | +0.13% | −0.84% |
| 19 Aug 2026 | +5.28% | +0.21% |
| 18 Aug 2026 | −0.47% | −0.68% |
| 17 Aug 2026 | +0.12% | −0.47% |
| 14 Aug 2026 | +5.99% | −0.20% |
| 13 Aug 2026 | −6.31% | +0.70% |
| 12 Aug 2026 | +2.83% | +0.25% |
| 11 Aug 2026 | +5.14% | −0.32% |
| 10 Aug 2026 | +3.73% | −0.03% |
| 7 Aug 2026 | +0.40% | +0.61% |
| 6 Aug 2026 | +6.58% | −0.16% |
| 5 Aug 2026 | +13.53% | −0.20% |
Returns reflect the historical performance record of the Convexa strategy for the periods shown. Benchmark results use the same stated measurement windows where applicable. Strategy and benchmark results are not directly comparable in risk, leverage, volatility or loss potential. Historical performance does not predict future results. Performance methodology →