What is Honey?
Honey is a long/short equity portfolio utilizing options to enhance returns. Options may be used alone or in tandem with the underlying security. Trades are limited to securities listed on US exchanges. When time is money, we look to maximize your input to output reward.
In partnership with Collective2, Honey has returned over 9,000% from April 05, 2018 through December 31, 2018. Over the course of 10 months, we have made over 900 trades – more than 71% of them were successful. Our Growth Fund is the most successful strategy on Collective2 by a wide margin.
Under normal market conditions, the portfolio is biased toward long positions – particularly those securities which we believe have the greatest potential to outperform the broader market in the short term (less than a month) to medium term (up to one year)….
We are conscious of the importance of risk management. We believe that superior long term returns are the result of losing less in adverse markets than maximizing gains in rising markets. Should our investment thesis on a trade prove to be no longer valid, we will….
Our ideas stem from multiple sources including analyst research, general news outlets, and our own software which screens for potentially profitable trades based on parameters we have established after reviewing our successful trading history….
Securities You Recognize.
Our portfolio is carefully crafted to leverage the tech industry while offsetting sector specific risk and volatility through the addition of healthcare and consumer staple securities.
Google - GOOGL
With trade tensions at an all time high, multi-national tech companies have taken the brunt of the impact. However, we believe that the profit taking will be short-lived. Google’s diverse portfolio and massive R&D expenditures ensure continued growth.
Alibaba - BABA
Alibaba is the perfect tool to trade based on global trade news. With the US and China perpetually one upping each other, both economies have taken a hit. With an inevitable deal to be reached, BABA is a long term bet.
Micron - MU
The chip sector has been hit hard in 2018. Though the turmoil is suspected to continue into 2019, Micron features rich weekly option premiums, which make it a prime buy/write contender for the short – mid term mindset.
Amazon - AMZN
After its 6th record quarter in a row, the market responded counter-intuitively, dropping into the low 1600s. Having now found footing above 1630, we believe Amazon poses as an attractive buy with its investment outlook for 2019.
Microsoft - MSFT
Microsoft’s growing cloud infrastructure and potential Walmart collaboration – paired with its $125 median price target provides an attractive vehicle for long term buys and weekly income generating BumbleBee Spreads.
Of the Porfolio Currently Sits in Cash
Apple - AAPL
With Apple expanding into its own curated content system, we’re expecting a further shift in their sales mix, as iPhone sales taper and higher margin service revenues increase. Future earnings reports could surprise.
Tesla - TSLA
Tesla for the time being is used as a trading tool as a result of its volatile swings. However, long term, we see a bright future for Tesla and will be adding a long term position in the near future which will be in part offset with weekly options.
Halliburton Co - HAL
With oil prices rebounding, we believe HAL will trade between $30 and $35 a share through Q2. As such, we’re positioned with a June BumbleBee Spread which is currently estimated to return 300% at any price over $33.
No matter where you are, our subscription based program can automatically execute trades based on your parameters. By connecting your brokerage account to the strategy, you can be as “hands on” as reviewing every trade before execution, or simply allow our trades to become your trades – automatically.
If you have any questions, please shoot us an email through the form below. We will do our best to respnd within 48 hours.
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Based in Chicago, IL
Market Hours Monday – Friday