Summary of Theta Engine Strategy Performance

The Q2 2022 update of the Theta Engine strategy reveals that it has not been profitable so far this year. Despite daily trade logs and graphs on the Theta Engine page showing the strategy's performance, it is important to gain more context. Depending on the year and a half or so of trading experience, results have varied due to market volatility. The strategy's normalized profit and loss multiples, found in the trade log, reflect the gains and losses based on credit multiples. The 2022 graph displays individual P&L multiples and a red line showing the cumulative performance. Despite setbacks and multiple book wipes, there is potential for a positive outcome in the remaining months of the year. Although not guaranteed, with a win rate of 81.8%, the strategy could achieve a premium capture rate of 10.5%. Despite the challenging market environment and potential losses, the strategy shows resilience and the possibility of recovering.