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Manager List    »    Double Helix Capital Management    »   

Double Helix Capital Management - Double Helix

Principal(s): Patrick Mullady, Jr
Strategy: Option Writer / Stock Index
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Statistics & Program Information

Feb Return   0.43% Worst Drawdown (2)    -13.48% Minimum Investment   $50,000
YTD Return   1.67% Losing Streak (3)    -7.96 % AUM (5)   $12,900,000
Annualized CROR:1 4.09% Sharpe Ratio (4)   0.46 Calmar Ratio (6)    N/A
Trading Methodology
95% Systematic
5% Discretionary
Style Sub-Categories
Trend Following
Pattern Recognition
Option Writer
Trading Style
50% Trend Following
50% Option Trading
Market Sector
100% Stock Indices
Holding Period
100% Short Term
Geographic Sector
US
Contracts:
Options

Start Date   Jan-2012 Currency   US Dollar Margin (7)   35-45%
New Money   Yes AUM (5)   $12,900,000 Management Fee    2.00%
Min Investment    $50,000 Annualized CROR 1    4.09% Incentive Fee    20.00%
Fund Minimum    $0 Losing Streak (3)    -7.96 % Other Fees   None
Notional Funds    Yes Worst Drawdown (2)    -13.48 % Avg Comm (8)   7.00
NFA Member    Yes Sharpe Ratio (4)    0.46 Max Comm (9)   7.00
NFA Number    0271551 Calmar Ratio (6)    N/A Round Turns (10)    6,750
Starting Date:  Jan-2012 Currency:  US Dollar
Open to New Investors:  Yes Current Assets:  $12,900,000
Open to US Investors:  Yes Annualized CROR:  4.09%
Minimum Fund Investment:  $0 Worst Monthly Drawdown:  -13.48
Minimum Managed Account:  $50,000 Current Losing Streak:  -7.96 %
Domocile:   Calmar:  N/A
Subscriptions:  N/A Sharpe Ratio:  0.46
Redemptions:  N/A US Attorney:  Not Listed
Lock Up:  N/A Offshore Attorney:  Not Listed
Hurdle Rate:  N/A Administrator:  Not Listed
Administraton Fee:  0.00% Prime Broker:  Not Listed
Management Fee:  2.00% Auditor:  Not Listed
Incentive Fee:  20.00% NFA Member:  Yes
Selling Fee:  6.00% FINRA Member:  No
Other Fees:  None Other Memberships:  None
Type of Fund:
Domicile:
Strategy:
Track Record Prepared By: Turnkey Trading Partners
Correlations: AG CTA Index: 0.183              AG Systematic CTA Index: 0.097             

Trading Description, Risk Strategy & Background

Two of the most time tested trading strategies are trend-following and options selling. Each have their own strengths and weaknesses. Trend-following does well in trending markets, but option selling can have difficulty. Trend-following slowly loses money in sideways markets, while options selling does well. Double Helix is a unique CTA that attempts to harness the power of both strategies. We sell weekly options on the S&P 500, but sell puts only – no calls. Double Helix employs a sophisticated algorithm that trend-follows the S&P 500 Index. As long as the algorithm is indicating a sideways to higher S&P 500, Double Helix will initiate a new position each day. When the program signals a “market caution”, and potentially a lower S&P 500, the program will cease new positions. Double Helix will continue to monitor markets and reenter when the S&P 500 is back in a sideways to higher pattern. Risk management is one of Double Helix’s strongest attributes. All positions are monitored 24-hrs a day and managed by our sophisticated risk management system. Each position has a specific risk management level and will be exited, day or night, if that level is reached.

Patrick Mullady, Jr. has been in the futures/options business since 1987, spending most of that time on the trading floor. He has been a member of the Chicago Board of Options Exchange and Chicago Mercantile Exchange as an options floor trader. Throughout his trading career, Mr. Mullady has specialized is Stock Index Options.

Performance

Monthly Performance Since January 2012

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov DecROR Max DD
2025 1.23% 0.43%   1.67% 0%
2024 0.83% 1.36% 1.47% -3.12% 1.33% 1.63% 1.42% -4.53% -3.05% 0.81% 1.40% -4.31% -5% -9.46%
2023 1.17% 1.48% 0.16% 0.81% 1.00% 1.02% 1.25% 0.90% 0.57% 1.31% 1.28% 0.94% 12.55% 0%
2022 -1.10% -2.52% 0.07% -0.78% 1.75% -3.28% 1.90% 1.60% 0.30% 1.42% 1.14% 0.38% 0.72% -5.8%
2021 -2.53% -0.05% 1.88% 1.01% 0.45% 1.73% 1.18% 0.96% -0.21% 1.87% -1.18% 0.54% 5.7% -2.58%
2020 -2.13% -7.32% -0.29% 0.19% 0.15% -1.61% 1.61% 1.25% -0.80% -0.29% 0.39% 1.11% -7.77% -10.71%

Annual Performance

Years201220132014201520162017
ROR20.24%15.18%-3.98%0.53%3.75%7.33%
Max DD-2.63%-1.91%-12.12%-9.71%-2.89%-1.16%

Years201820192020202120222023
ROR-1.10%7.88%-7.77%5.70%0.72%12.55%
Max DD-3.71%-4.64%-10.71%-2.58%-5.80%0.00%

Years20242025 YTD
ROR-5.00%1.67%
Max DD-9.46%0.00%



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.

VAMI, Assets under Management & Worst Drawdown

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Monthly Returns

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RISK DISCLOSURE

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.

THIS MATTER IS INTENDED AS A SOLICITATION FOR MANAGED FUTURES. THE RISK OF TRADING COMMODITY FUTURES, OPTIONS, FOREIGN EXCHANGE ('FOREX') AND/OR CRYPTOCURRENCIES IS SUBSTANTIAL. THE HIGH DEGREE OF LEVERAGE ASSOCIATED WITH COMMODITY FUTURES, OPTIONS AND FOREX CAN WORK AGAINST YOU AS WELL AS FOR YOU. THIS HIGH DEGREE OF LEVERAGE CAN RESULT IN SUBSTANTIAL LOSSES, AS WELL AS GAINS. YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. IF YOU ARE UNSURE YOU SHOULD SEEK PROFESSIONAL ADVICE. AN INVESTOR MUST READ AND UNDERSTAND THE CTA’S CURRENT DISCLOSURE DOCUMENT BEFORE INVESTING. THERE ARE NO GUARANTEES OF PROFIT NO MATTER WHO IS MANAGING YOUR MONEY.

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.