A commodity trading advisor (CTA) is an individual or organization that, for compensation or profit, advises others, directly or indirectly, as to the value of or the advisability of buying or selling futures contracts, options on futures, retail off-exchange forex contracts or swaps. Commodity Trading Advisors (CTAs) provide advice and services related to trading and investment strategies utilizing futures contracts and options on futures contracts on a wide variety of physical goods such as agricultural products, forest products, metals, and energy, plus derivative contracts on financial instruments such as indices, bonds, and currencies. I spent the majority of that time building and running oil models that would eventually become the framework of Cayler Capital’s algorithmic and fundamental proprietary systems. In 2013 I transitioned to the US Products book, where I focused on trading gasoline and heating oil volatility.