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EFA Dynamic BuyWrite Strategy
By Validus - 12 June 2025
EFA Dynamic BuyWrite

Kambiz Kazemi, Chief Investment Officer
Summary
The EFA Dynamic BuyWrite Strategy enhances international equity exposure by systematically selling short-dated call options on EFA. This rules-based approach generates recurring income while aiming to reduce volatility and drawdowns, resulting in a smoother return profile compared to holding EFA alone.
What's inside
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Strategy overview
- Performance vs. EFA
- Backtested results from 2012–2025
- Income generation with downside control
Source
Bloomberg and Validus Risk Management
