Foreign Exchange Products

Our Foreign Exchange products are described below. Each offers exposure to the US Dollar versus the Canadian Dollar (USDCAD), a currency pair know in trading circles as the “dollar cad”. We recommend these products as an elegant way to access an asset class that is usually burdened by complexity, leverage (risk of out-sized loss), volatility and the need for constant monitoring. These products reduce the decision to direction (up or down) and term (one week, 30 days, or 90 days). Please ask for the offering documents. They contain a detailed description of the underlying architecture.

Theta King

Theta King Forex Contracts are a 30-day investment instrument. Investors may purchase an $800,000 contract with only $100,000 of margin. You choose the expected direction of the USDCAD, up or down, over the next 30 days. You “win” and earn a profit as long as the USDCAD doesn’t go the other way by 2.5 cents. In other words, you can be wrong by under 2.5 cents and still receive a payout of between 2% and 10% of margin for the month. If you pick the direction correctly, the upside is unlimited.

Our clients have purchased over 1100 contracts to date and 79% of them have matured with a profit (without touching that 2.5 cent barrier). The average payout on matured contracts has been $14,639 on an deposit of $100,000.

Please select the buttons below to access more information on contracts issued since inception, our 2020 Annual Reporting Letter, and a discussion of our Theta King Trading Model we use to help clients decide on direction with confidence.

Gemini Preferred Shares

Gemini Preferred Shares are a one-week trade in the USDCAD and offer both long “Up” exposure and short “Down” exposure to the currency pair. An equal investment in both Up and Down shares is neutral in terms of direction, but “long” of volatility. In the options world, this is called a “strangle”. If the USDCAD moves 1.5 cents over the week, the position effectively turns into a call or put and the gains are unlimited.

Investors can also redeem one side of the trade during the first 48 hours. This early redemption feature means clients get to see the dealer’s cards and play their hand during the first two days of the trade. This was particularly lucrative during the volatility experienced in 2020.

Please have a look at the Term Sheet for these shares by pressing the button below.

And for a more detailed discussion of the four ways to trade Gemini Shares, press below.

Finally, for our First 100 Trades Report which explains how we use a systematic model to trade Gemini, press below.