Strategy Overview
Bontiva Capital deploys capital across a spectrum of volatility and relative value strategies, with a focus on asymmetric payoff profiles and regime-adaptive positioning. Our strategies are designed to perform across varying market conditions, drawing on proprietary analytics and deep structural understanding of derivatives markets.
Equity Index Volatility
Systematic and discretionary strategies in index options, focusing on volatility surface dislocations, calendar spread dynamics, and gamma/vega relative value. We actively trade across the term structure and strike space to capture mispricings driven by supply-demand imbalances and structural flows.
Rates & Fixed Income
Relative value in interest rate swaps, bond basis, and curve trades. Opportunistic positioning around central bank catalysts and term premium shifts. Our rates strategies benefit from deep experience in swap spread dynamics and duration-neutral construction.
Cross-Asset Relative Value
Exploiting mispricings across correlated markets, including equity-rates relationships, vol-of-vol dynamics, and cross-asset skew trades. These strategies draw on our proprietary correlation regime models to identify dislocations that revert within defined time horizons.
Digital Assets
Selective deployment in cryptocurrency derivatives markets, leveraging structural inefficiencies in nascent vol surfaces and funding rate dynamics. We apply the same analytical rigor and risk discipline to digital asset markets that we employ across our traditional strategies.
Strategy allocation and risk budgets are dynamically managed based on our proprietary regime classification framework.