PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RETURNS.
Program Info
Cipher Managed Program is a proprietary intraday options trading strategy designed to generate consistent, positive absolute returns through a disciplined, systematic approach.
By targeting short-dated options in the E-mini S&P 500 futures market, the program capitalizes on time decay and directional trend signals, all while maintaining zero overnight exposure to reduce gap risk and enhance overall risk management.
Ideal for investors seeking high-efficiency, data-driven trading with robust risk controls, Cipher offers a compelling opportunity to diversify portfolios with a strategy built on precision, speed, and a repeatable edge.
Company Info
Crescent Bay Capital Management, Inc., a California corporation, became registered with the Commodity Futures Trading Commission as a Commodity Trading Advisor ("CTA") on August 23rd, 2004. CBCM was previously registered as a Commodity Pool Operator ("CPO") from November 14th, 2006 to October 18th, 2009. CBCM has been a member of the National Futures Association since August 23rd, 2004. David Bedford (the "Principal") is the sole shareholder of CBCM. He was registered as an Associated Person and listed as a Principal of the firm on August 23rd, 2004. The business office of CBCM is located at: 1201 Puerta Del Sol, Ste. 227; San Clemente, CA 92673; telephone: (949) 276-8718; facsimile: (949) 276-8448.
