Cipher Managed Program

We are pleased to announce the official launch of the Cipher Managed Program, a proprietary intraday options trading strategy developed to deliver consistent, positive absolute returns through a disciplined and systematic approach. Focused on trading option spreads in short-dated options on the E-mini S&P 500 futures, the program is designed to capitalize on both time decay and directional trend signals. Cipher operates exclusively during market hours, with zero overnight exposure—minimizing gap risk and enhancing risk control. Profits are generated by leveraging the rapid time decay of short-dated options and incorporating proprietary trend signals derived from rigorous back testing and analytics. This strategy is ideal for investors seeking high-efficiency, data-driven exposure to U.S. equity index volatility. With its intraday-only design, precision execution, and repeatable trading edge, Cipher offers a compelling addition to diversified portfolios.