Steel Vine Investments, LLC

the primary objective of the steel vine investment fund, lp is to be a net writer (seller) of far out of the money option contracts in the stock, commodity, exchange traded fund, and currency markets. these options are identified through a variety of techniques as being fundamentally and statistically likely to remain out of the money and eventually expire without ever approaching the set strike price of the option contract. unlike other options strategies which attempt to speculate on both the speed of price movement as well as price direction, steelvine’s approach only looks to identify where market prices will not go, and then sells options at that price level. in this way, the portfolio can benefit from market movements that are up, down, or sideways. by maintaining virtually no correlation to the broad indices performances, the strategy has been found to be successful in managing typical risk/reward patterns that occur frequently in all market cycles. the markets that steel vine i