TappAlpha provides investment advice, primarily focused on equities and ETFs, to registered funds and separately managed accounts. For separately managed accounts, TappAlpha manages investments with discretion, buying and selling equities and related options positions. The firm aims to generate income through a rules-based covered call approach, balancing current income with potential long-term appreciation.
Fee Structure
TappAlpha manages separately managed accounts (SMAs) and charges a performance fee of 20% on any net positive options income earned in the SMA each month. No management fees are applied to gains or dividend income on shares held in the SMA. No performance fee is charged in a month in which the SMA does not earn a net positive options income.