2 reduced · 2 closed · 1 added
Built from contract counts, not weights — a price move can't show up as a trade. Changes of equal size on the same stock are paired: a roll closes one expiry and opens the next, a synthetic (long call + written put at one strike) is stock exposure, not two bets. Negative = written.
This fund writes its income options intraday, so they never appear in an end-of-day holdings file — coverage cannot be measured.