Launch HN: Enombic (YC S20) – Create your own stock indexes

Re:Launch HN: Enombic (YC S20) – Create your own stock indexes by SilasX on Thursday February 25, 2021 @02:51PM (#26267371)

Would it be able to reproduce strategies that involve options?

I recently learned of the SWAN ETF, which captures (or attempts to) most of the S&P's return with significantly less volatility. It holds mostly Treasurys, plus options that are in the money if the S&P gains a certain percentage[1].

https://www.amplifyetfs.com/swan-holdings.html

They had to create the "S-Network BlackSwan Core Total Return Index" for it.

[1] They look to buy a year out every six months, but I can't tell for sure; it currently has SPY210618C00265000 (call at S&P = 2650 in June) and SPY 211217C00324000 (call at S&P = 3240 in December)

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Re:Launch HN: Enombic (YC S20) – Create your own stock indexes by _eb13 on Thursday February 25, 2021 @05:18PM (#26269048)

No options at the moment. We'd be excited to support them down the road though.

SWAN ETF is super interesting. Wonder if there is a "long" analog. E.g. comparable motivation and performance.

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Re:Launch HN: Enombic (YC S20) – Create your own stock indexes by SilasX on Thursday February 25, 2021 @05:25PM (#26269115)

What do you mean by a long analog? SWAN is long the S&P, it just softens the downside.

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