The Master Fund seeks to achieve its investment objective by investing in securities that Parallax believes present arbitrage opportunities, incl. Will has been involved with equity options since 1995 and has been with. The feeder Funds invest substantially all their assets in the Master Fund. Will Bartlett is the Chief Executive Officer of Parallax Volatility Advisers. It also engages in margin trading and seeks to profit from declines in the value of securities and hedge its positions by short selling, futures trading and other strategies. (PVA) is a California limited partnership that has been in business since 1996. issuers that are traded publicly and privately. options (including covered and uncovered puts and calls), stocks and other equity related securities, futures and options on futures, commodities and options on commodities, bonds, notes, warrants, bills, participating and convertible debt instruments, rights, currency forward contracts, swaps and other derivative instruments and other securities of U.S. The Master Fund invests in and trades principally, but not solely, U.S. Methods of Analysis, Investment Strategies and Risk of Loss
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