# Rivativ
> Systematic options research and model portfolios for experienced and professional investors.
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## Pages
- [Demystifying derivatives](https://www.rivativ.ai/about.md) - A systematic investment research platform built for experienced individuals and professional investors.
- [Backtest methodology](https://www.rivativ.ai/backtest-methodology.md) - Reported backtest figures are derived from a daily historical simulation of each strategy over its stated sample period, using historical market data for the instruments traded. Each simulated trading day applies the same signal, sizing, entry, and exit logic used in live operation. Trades are simu…
- [Precision-engineered portfolios.](https://www.rivativ.ai/business.md) - Systematic options research for licensed asset and wealth managers. Model portfolios, daily research outputs, and governance documentation integrated into your existing infrastructure.
- [Careers](https://www.rivativ.ai/careers.md) - Join an early-stage fintech that aims to bring institutional-grade options strategies to a new generation of investors. You can expect a competitive salary, share options, 30 days holiday and a culture that takes work-life balance seriously.
- [Common strategy specification](https://www.rivativ.ai/common-strategy-specification.md) - Instruments and venue All strategies trade exchange-listed, cash-settled, European-style index options on Cboe: Mini-SPX (XSP) options, which reference the S&P 500 at one-tenth of the standard SPX notional, and VIX (Cboe Volatility Index) options. No over-the-counter instruments are used. Strategie…
- [Important Information & Disclaimer](https://www.rivativ.ai/disclaimer.md) - Last updated: June 2026 Who we are Rivativ, as referenced in the Imprint ("Rivativ", "we", "us"), operates rivativ.ai, a financial content and model portfolio platform. We are not a licensed investment adviser, portfolio manager, or regulated financial institution. We are not authorised to provide…
- [Imprint](https://www.rivativ.ai/imprint.md) - Information pursuant to Section 5 of the German Data Protection Act (DDG): Manuel Nuber Bacherner Straße 4a 85247 Schwabhausen Contact Telephone: +49 157 56408824 Email: info@rivativ.ai VAT registration number pursuant to Section 27a of the German VAT Act: DE455770150 Responsible for the content pu…
- [Price plans](https://www.rivativ.ai/plans.md) - Access daily-refreshed model portfolios and market analysis from our research team.
- [Privacy](https://www.rivativ.ai/privacy.md) - Last updated: May 2026 1. Who We Are Rivativ, as referenced in the Imprint ("Rivativ", "we", "us", or "our") operates the website at rivativ.ai and associated services. We are the data controller responsible for your personal data. 2. What Data We Collect Data you provide directly * Name and email…
- [Risk disclosure statement](https://www.rivativ.ai/risk-disclosure-statement.md) - 1. Purpose and scope This Risk Disclosure Statement accompanies the Rivativ product information for each strategy and forms part of the materials provided to professional clients and to firms that license Rivativ research for onward distribution ("you", "the recipient"). It describes the principal…
- [Defensive Premium Harvest](https://www.rivativ.ai/strategy-specification-defensive.md) - Investment objective. Enhance the yield and reduce the drawdown of a core S&P 500 holding by systematically harvesting the equity/variance risk premium through short index puts, while carrying a standing long-volatility hedge against left-tail events. Target: a better risk-adjusted outcome than buy…
- [Diagonal Volatility Carry](https://www.rivativ.ai/strategy-specification-diagonal.md) - Investment objective. Add a non-directional, low-correlation return stream by harvesting the volatility risk premium (implied volatility tending to price richer than subsequently realised), expressed through a net-short VIX call structure, as an overlay. Instruments / venue. VIX options only (liste…
- [Predictive Gamma Strategy](https://www.rivativ.ai/strategy-specification-predictive.md) - Investment objective. Extract intraday short-dated premium on the S&P 500 by trading 0DTE straddles only on days the model identifies a high-conviction edge, and standing aside otherwise. The edge claimed is selectivity — when not to trade. Instruments / venue. 0DTE (same-day expiry) S&P 500 (XSP)…
- [Systematic Surface Capture](https://www.rivativ.ai/strategy-specification-systematic.md) - Investment objective. Generate low-correlation income by harvesting structural richness across the S&P 500 volatility surface — both upside skew (overpriced "crash-up" calls) and the term structure (short-dated decay) — as an overlay. Instruments / venue. S&P 500 (XSP) options (listed, cash-settled…
- [Suitability framework](https://www.rivativ.ai/suitability-framework.md) - Status and purpose of this framework Rivativ provides research and model portfolios on a non-advisory basis and does not assess suitability or appropriateness for any client or end-investor. This framework is provided only to assist the recipient firm in designing and operating its own assessment p…
- [Terms](https://www.rivativ.ai/terms.md) - Last updated: May 2026 1. About These Terms These Terms of Service ("Terms") govern your access to and use of the website at rivativ.ai and all associated products and services operated by Rivativ, as referenced in the Imprint ("Rivativ", "we", "us", "our"), including model portfolios, market updat…

## Posts
- [Week 31: Fed Holds, Microsoft Surges, Markets Recover](https://www.rivativ.ai/week-31-fed-holds-microsoft-surges-markets-recover.md) - A volatile week of central bank signals, hawkish bond moves and swinging tech earnings resolved in a positive weekly close and three of four portfolios beat the S&P 500.
- [Week 30: Tech Earnings Disappoint, Oil Surges: Markets Sell Off Again](https://www.rivativ.ai/week-30-tech-earnings-disappoint-oil-surges-markets-sell-off-again.md) - Alphabet and Tesla missed the mark, Brent briefly crossed $100, and equity markets fell for a second consecutive week: yet the combined portfolio ended the week virtually flat.
- [Week 29: Earnings Season Lifts Off & Tech Stumbles](https://www.rivativ.ai/week-29-earnings-season-lifts-off-tech-stumbles.md) - A quieter macro backdrop gave way to late-week selling in technology — but strong earnings from banks and a resilient vol structure kept three portfolios close to the index while one stood apart.
- [Predictive Gamma Strategy: June 2026 performance](https://www.rivativ.ai/monthly-predictive-2026-06.md) - The Predictive Gamma Strategy returned –1.70% in June, outperforming its benchmark — the daily short 0DTE straddle — by +1.18% as the ML classifier successfully identified and avoided the high-uncertainty sessions that made June particularly costly for undiscriminating short-volatility approaches.…
- [Systematic Surface Capture: June 2026 performance](https://www.rivativ.ai/monthly-systematic-2026-06.md) - The Systematic Surface Capture strategy held up strongly in June, returning –0.28% against a –1.28% benchmark decline and delivering +1.00% of outperformance as premium collected across both the skew and term structure of the volatility surface cushioned the impact of a rate-repricing shock. The re…
- [Diagonal Volatility Carry: June 2026 Performance](https://www.rivativ.ai/monthly-diagonal-2026-06.md) - The Diagonal Volatility Carry strategy posted a –0.85% return in June, outperforming the S&P 500 by +0.43% as the book's dynamic risk engine scaled down exposure in response to the month's hawkish policy surprise and resulting volatility uptick. The result demonstrates the strategy's risk disciplin…
- [Market update: June 2026](https://www.rivativ.ai/monthly-update-2026-06.md) - The dominant cross-asset driver of June 2026 was the hawkish pivot delivered at the June 17 FOMC meeting — Kevin Warsh's first as Fed Chair — where a unanimous hold at 3.50–3.75% was accompanied by a dot plot showing nine of 18 officials projecting at least one rate hike before year-end and a PCE i…
- [Defensive Premium Harvest: June 2026](https://www.rivativ.ai/monthly-defensive-2026-06.md) - The Defensive Premium Harvest strategy navigated a challenging June with discipline, returning -1.21% against a weaker S&P 500 and delivering +0.83% of outperformance as systematic put premium harvesting more than compensated for index losses in a hawkish, rate-repricing environment. The result is…
- [Week 28: Geopolitics Rattle Markets - Vol Holds, Portfolios Deliver](https://www.rivativ.ai/week-28-geopolitics-rattle-markets-vol-holds-portfolios-deliver.md) - Iran tensions, a hawkish Fed and surging oil prices kept traders on edge: yet equities ended the week higher and all four Rivativ portfolios outperformed the S&P 500.
- [Week 27: Vol Compresses as Markets Bounce Back](https://www.rivativ.ai/week-27-vol-compresses-as-markets-bounce-back.md) - A week of falling volatility and flattening term structures rewarded systematic positioning — but tactical gamma trades faced headwinds.
- [An institutional options offering, without building one.](https://www.rivativ.ai/an-institutional-options-offering-without-building-one.md) - Your clients increasingly expect systematic, innovative strategies. Adding an options overlay gives you something unique. This guide tells you exactly how to evaluate, integrate, and govern one without the headaches.
- [Where does the extra return actually come from?](https://www.rivativ.ai/where-does-the-extra-return-actually-come-from.md) - Every options strategy has to answer this question: where, precisely, does the return originate? This guide sets out the Variance Risk Premium and the discipline that determines how it's harvested across all market environments.
- [AI can explain a volatility strategy. It can't build you one.](https://www.rivativ.ai/ai-can-explain-a-volatility-strategy-it-cant-build-you-one.md) - A language model can walk you through the Greeks and summarise decades of research with real accuracy. This guide sets out exactly where AI helps, where it structurally fails, and what a properly built strategy requires that no model can provide.
- [Your portfolio works hard. It could work harder.](https://www.rivativ.ai/your-portfolio-works-hard-it-could-work-harder.md) - The options overlay is a systematic strategy institutional desks have used for decades to earn an extra layer of return on the assets they already hold. This guide explains exactly how it works — in plain language, no prior options knowledge assumed.
- [Week 25: Volatility Normalises](https://www.rivativ.ai/week-25-volatility-normalises.md) - A week of falling volatility and flattening term structures rewarded systematic positioning — but tactical gamma trades faced headwinds.
- [Week 24: Volatility Wakes Up](https://www.rivativ.ai/week-24-volatility-wakes-up.md) - A stronger-than-expected US jobs report ended nine consecutive weeks of S&P 500 gains — and tested every strategy in our model portfolio.
- [Week 23: Markets hold steady, volatility retreats](https://www.rivativ.ai/week-23-markets-hold-steady-volatility-retreats.md) - A shortened week, record highs, and a VIX that finally blinked. Here's what happened and how our model portfolios responded.
- [Defensive Premium Harvest](https://www.rivativ.ai/defensive-premium-harvest.md) - Generate consistent yield without the existential threat of a "Black Swan" event.
- [Diagonal Volatility Carry](https://www.rivativ.ai/diagonal-volatility-carry.md) - Capitalise on the structural mechanics of how volatility is priced over time.
- [Systematic Surface Capture](https://www.rivativ.ai/systematic-surface-capture.md) - Harvest "expensive" pockets across the volatility surface.
- [Predictive Gamma Strategy](https://www.rivativ.ai/predictive-gamma-strategy.md) - Our flagship ML-driven strategy determines the optimal posture for the S&P 500.

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