Group 1 - The core strategy of the team is options trading, emphasizing a "technical focus with macro support" approach [2] - The team employs various strategies such as bull spreads, bear spreads, butterfly arbitrage, and iron condors, covering multiple options products with a focus on financial options [2] - The team has established a comprehensive risk management system, including diversified positions, pressure testing before orders, real-time position tracking, and regular reviews by risk management personnel [2] Group 2 - The team has a stable fund management scale of over 47 million yuan, with an expected annual return of 12% to 20% and a maximum drawdown controlled within 5% [1] - The team has learned to control net value fluctuations by locking in profits during rapid arbitrage gains and adjusting positions based on market reversals [3] - The team effectively managed risks during extreme market conditions, demonstrating strong trading and risk management capabilities [3]