Placid Sound Capital Management overlays options on top of already-invested equity portfolios. This strategy aims to add equity-type returns with bond-like volatility, enhancing long term capital appreciation.

Options are selected using a multi-factor options pricing evaluation algorithm. In short, options are selected based on their ability to add to returns while controlling exposure and reducing anticipated portfolio drawdowns.

This approach has advantages over margin investing. First, margin investing incurs an interest fee far in excess of Placid Sound's management fee. Second, buying equities on margin adds equity-like volatility to your account returns.