Insights

Active Overwrite Performance Summary – Q4 2022

Throughout the quarter, the Gateway Active Index-Option Overwrite Composite (the Composite) provided equity market participation and consistent loss mitigation. Most of the Composite’s outperformance versus ...
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Index/RA Performance Summary – Q4 2022

Throughout the quarter, the Gateway Index/RA Composite (the Composite) provided equity market participation and consistent risk mitigation. From the beginning of the quarter through October ...
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Option Writing Premiums Were a Bright Spot in a Dark Year for Investors

The Federal Reserve’s (the Fed) monetary policy transition from accommodative to tightening was sudden – asset purchases to support the economy ended in March 2022, ...
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December 2022 Market Recap

The S&P 500® Index returned 7.56% in the fourth quarter, bringing its calendar year return to -18.11%. With monthly returns of 8.10%, 5.59% and -5.76% ...
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Elevated Volatility Increases Option Premiums

Higher implied volatility results in higher option premiums. Black-Scholes pricing model analysis of one-month at-the-money (ATM) S&P 500® Index call and put options utilized by ...
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