Yash Patil, CFA

Most managed accounts diversify by default. AGT Equities does the opposite on purpose. The firm manages a single strategy — a concentrated portfolio of U.S. equities aligned with long-duration secular themes, most visibly the buildout of artificial intelligence infrastructure. Around those positions, the firm systematically engineers option premiums: cash-secured puts for favorable entries, covered calls for income on holdings.

Options get treated as speculation in most retail narratives. They are also the most precise instruments available to a portfolio manager. A cash-secured put is a contractual commitment to buy a stock at a lower price, paid for in advance. A covered call monetizes the ceiling on an existing position. Used systematically, both are yield mechanics — not lottery tickets.

The approach suits a specific investor: someone who already understands concentration risk, is comfortable with drawdowns in individual positions, and values income generation over total-return optimization. It does not suit investors who need principal protection, low volatility, or a one-size portfolio. That distinction matters more than marketing copy usually admits.

AGT Equities exists to offer disciplined execution of a strategy that is widely known but rarely implemented well. Systematically selling cash-secured puts, taking assignment, then selling covered calls against the assigned shares is simple on paper. In practice it requires position sizing discipline, strike selection that respects valuation, and the temperamental willingness to do the same thing every expiration cycle for years.

Retail investors attempt this and often stop. Broker-dealers recommend it as a product feature and often size it wrong. A dedicated registered adviser — whose sole business is this strategy, whose single largest conflict of interest is their own concentration in the same positions — can compound the premium stream over the time horizon it actually needs to matter.