Our Current Options Strategy
Spacer Capital deploys options-based strategies designed to capture non-linear return profiles.
The core framework is built around three principles:
Convexity
We seek payoff structures where potential gains are disproportionate to defined risk, allowing small allocations to drive meaningful portfolio impact.
Hit-Based Modeling
Rather than targeting incremental consistency, the portfolio is structured around power-law dynamics — where a minority of positions generate the majority of long-term returns.
Systematic Evaluation
Position selection is guided by quantitative screening, volatility analysis, and disciplined entry parameters. Emotional bias and discretionary drift are minimized through structured frameworks.
Risk management is foundational. Spacer Capital employs defined-risk structures, position sizing discipline, diversification across time horizons and volatility regimes, and capital allocation frameworks designed to preserve longevity.
The objective is not constant activity, but selective deployment when conditions align with asymmetric criteria.
Our Founders
Sahas Ranjan
Founder & Lead InvestorSahas founded Spacer Capital to pursue a personal interest in options investing, building on the investment strategies he has been exposed to in his career thus far.
He approaches capital allocation with a focus on process over prediction, long-term survivability, and the compounding effects of patience.
Co-Founder & AdvisorRuchir Ranjan
Ruchir serves as Advisor to Spacer Capital. He brings decades of experience in business leadership and long-term capital stewardship, offering strategic perspective across portfolio construction and risk management.
His guidance reflects a focus on discipline, durability, and a decades of personal investment in public markets.