HX Income - Frequently Asked Questions

Who is Enrique Abeyta?

Enrique founded HX Research in 2024 after five years of building newsletter publisher Empire Financial Research with his partner Whitney Tilson at Stansberry Research.

Enrique has had a 25+ year career as a professional investor. He was the founder and managing partner of two long/short equity hedge funds – 360 Global Capital and Stadia Capital – where he served as Managing Partner and raised $2 billion in assets. He was also a member of the launch team at Falcon Edge Capital (now Alpha Wave), where they raised over $3 billion in assets.

In addition to his experience as a newsletter editor and professional investor, he has a long history as an entrepreneur and private investor, having founded 10+ companies in media, music, entertainment, and tattooing.

Learn more about his experience here on Enrique’s LinkedIn

What is HX Income?

HX Income is a TRADING-focused investment service that uses a methodology that Enrique developed successfully across his 25+ years as a professional investor.

It recommends OPTIONS strategies to take advantage of this methodology focused on harvesting income by selling put options.

It looks to hold exposure for a shorter period (average holding period 60 days) and produce positive absolute returns in every market environment.

Can you explain our strategy in one sentence?

Our trading methodology focuses on identifying "winning" stocks and companies that have become very oversold stocks and have just begun to recover and monetize them via options strategies.

A lot is packed into that sentence, and we encourage you to read our HX Trader Primer and HX Income Primer to get more details.

I’m new to HX Income.  Where should I start?

We highly recommend that you check out our HX Income Primer. This walks you through our trading methodology in detail and is a great place to learn about it and the trading. After that – dive right into our most recent issues and updates.

When do you publish HX Income?

Our issue is published every OTHER Thursday before 1 pm EST. You should expect a minimum of two issues per month.

Sometimes, we will also publish additional issues throughout the month. If we have great ideas, we want to share them with you!

What types of securities do you recommend?

The strategy only recommends options on liquid stocks and ETFs that are easily buyable with any brokerage account.

Will you be making short recommendations?

No.  We may occasionally recommend a reverse ETF, but the service has no short recommendations.  Everything we do is very liquid and easy to trade.

How many recommendations are in HX Income?

Typically, we only have up to 20 open recommendations.

It will vary depending on opportunities. Sometimes, we might have only a handful (3 to 5), and sometimes, we might have many more (as many as 30).

When do I buy and sell these recommendations?

We will guide you on when to buy and sell the recommendations.

What is your exit strategy?

We do employ an "alpha-based" stop loss where we look at any losses in a position relative to the overall stock market. We discuss this in depth in the HX Income Primer.

We recommend options positions only on companies whose stock we would also like to own. Occasionally, we may give you a recommendation to close out the position based on the stop loss.

On winning positions with our put selling strategy, you let the option you have sold expire worthless and keep the income.

How much should I invest in each trade?

Position sizing based on our recommendations is a personal choice.

Remember that each options contract controls 100 shares per contract. So, if you usually buy 100 shares of a stock, we recommend you only sell one contract.

Where can I find your current recommendations?

The HX Income portfolio is available right here.

What is the goal of the strategy?

This strategy aims to hold these positions for an average of 60 days, and we target a very high hit rate (90%+) along with solid income generation.

How has the strategy performed historically?

Across the last five years, this strategy has had a greater than 78% positive hit rate and outperformed the S&P 500.  It even made money in the terrible stock market of 2022!

How much money do I need to get started?

You can use this service with as little as $10,000 in starting capital.

Is HX Income a “day trading” strategy?

Not at all. Our recommendations usually take a couple of weeks to months to work out.

The service is built for folks who enjoy being involved in the markets but want to avoid sitting in front of their computer screens all day!