Θ ThetaResearch
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We build systematic options strategies, validate them statistically, and trade them with our own capital.

01What We Are

A quantitative research group
that trades its own models.

Theta Research develops systematic, data-driven strategies for options markets. We don't research for third parties; we deploy our own findings, with real capital and the risk that comes with it.

This shapes how we work: a strategy only convinces us once we are willing to risk our own money on it. That shifts the bar from a strategy that looks good in a backtest to one that holds up under real conditions.

02What We Do

Three areas of work

Strategy Development

Construction and backtesting of systematic options strategies, including iron condors on SPY, across full market cycles.

Quantitative Research

Rigorous validation of every hypothesis: decades of historical testing, Monte Carlo simulation, and checks for regime dependence, complemented by AI-assisted analysis of patterns and risk drivers.

Risk Management

Active management of exposure and greeks, defined loss limits, and continuous monitoring of margin and stress scenarios.

Data-driven, not gut-driven. No strategy goes live until it is statistically proven.
Working principle
03How We Work

From signal to position

  1. 01Hypothesis from dataEvery idea starts with the data, not a market opinion. We frame it so it can be disproven.
  2. 02Statistical validationLong-horizon historical tests, Monte Carlo distributions, and sensitivity analysis. Anything that fails the test gets discarded.
  3. 03AI-assisted modellingWe use machine learning models to assess risk more precisely, refine strategies, and forecast expected trade outcomes.
  4. 04Controlled live deploymentRolled out at small size, with predefined risk limits and documented exit rules.
  5. 05Monitoring and transparencyDaily review of metrics and market regime; if behaviour drifts from the model, we adjust or close. We are open about how we measure and decide, including when results fall short.
04Contact

Questions about our methodology?

We don't offer a public product or investment advice. For professional inquiries, reach us by email.

s.g@thetaresearch.ch

The content of this website is provided solely for information about the activities of Theta Research. It does not constitute investment advice, an offer, or a solicitation to buy or sell any financial instrument. Trading options involves substantial risk; past results are not indicative of future performance.