NPORT-P
false
0000924628
XXXXXXXX
S000049848
C000157430
C000157432
C000157431
C000188364
SARATOGA ADVANTAGE TRUST
811-08542
0000924628
549300ELDSPPW4ZGNR88
1616 N LITCHFIELD RD.
SUITE 165
GOODYEAR
85395
623-266-4567
James Alpha Managed Risk Emerging Markets Equity Portfolio
S000049848
549300A1CC2CVOJ1O607
2020-08-31
2020-05-31
N
7411483.82
3193934.94
4217548.88
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
N
N/A
N/A
EEM US 06/05/20 P32.5
N/A
-1000.00000000
NC
USD
-2000.00000000
-0.04742090861
Short
DE
CORP
N/A
N
2
PERSHING
N/A
Put
Written
ISHARES TRUST
ISHARES TRUST MSCI EMG MKT ETF
-1000.00000000
32.50000000
USD
2020-06-05
XXXX
23060.62000000
N
N
N
N/A
N/A
EEM SWAP C 3263
N/A
23500.00000000
NS
USD
25615.00000000
0.607343287032
Long
DO
US
N
2
Barclays
AC28XWWI3WIBK2824319
ISHARES
ISHARES MSCI EMERGING MAR
Y
Performance
2020-07-22
0.00000000
USD
0.00000000
USD
-861040.00000000
USD
25615.00000000
N
N
N
N/A
N/A
EEM SWAP B 3263
N/A
56000.00000000
NS
USD
61040.00000000
1.447286130801
Long
DO
US
N
2
Barclays
AC28XWWI3WIBK2824319
ISHARES
ISHARES MSCI EMERGING MAR
Y
Performance
2020-11-09
0.00000000
USD
0.00000000
USD
-2051840.00000000
USD
61040.00000000
N
N
N
N/A
N/A
EEM US 06/30/20 P34.73
N/A
-1000.00000000
NC
USD
0.00000000
0.000000
Short
DE
CORP
N/A
N
2
PERSHING
N/A
Put
Written
ISHARES TRUST
ISHARES TRUST MSCI EMG MKT ETF
-1000.00000000
34.73000000
USD
2020-06-30
XXXX
36840.36000000
N
N
N
N/A
N/A
EEM US 06/05/20 P35
N/A
1000.00000000
NC
USD
4000.00000000
0.094841817221
Long
DE
CORP
N/A
N
2
PERSHING
N/A
Put
Purchased
ISHARES TRUST
ISHARES TRUST MSCI EMG MKT ETF
1000.00000000
35.00000000
USD
2020-06-05
XXXX
-72108.80000000
N
N
N
N/A
N/A
EEM US 06/30/20 P36.73
N/A
1000.00000000
NC
USD
0.00000000
0.000000
Long
DE
CORP
N/A
N
2
PERSHING
N/A
Put
Purchased
ISHARES TRUST
ISHARES TRUST MSCI EMG MKT ETF
1000.00000000
36.73000000
USD
2020-06-30
XXXX
-86918.80000000
N
N
N
N/A
N/A
EEM US 05/29/20 P36
N/A
1000.00000000
NC
USD
500.00000000
0.011855227152
Long
DE
CORP
N/A
N
2
PERSHING
N/A
Put
Purchased
ISHARES TRUST
ISHARES TRUST MSCI EMG MKT ETF
1000.00000000
36.00000000
USD
2020-05-29
XXXX
-69318.80000000
N
N
N
N/A
N/A
EEM US 06/12/20 C37.5
N/A
-1000.00000000
NC
USD
0.00000000
0.000000
Short
DE
CORP
N/A
N
2
PERSHING
N/A
Call
Written
ISHARES TRUST
ISHARES TRUST MSCI EMG MKT ETF
-1000.00000000
37.50000000
USD
2020-06-12
XXXX
90219.18000000
N
N
N
N/A
N/A
EEM US 05/29/20 C36.5
N/A
-100.00000000
NC
USD
-10000.00000000
-0.23710454305
Short
DE
CORP
N/A
N
2
PERSHING
N/A
Call
Written
ISHARES TRUST
ISHARES TRUST MSCI EMG MKT ETF
-100.00000000
36.50000000
USD
2020-05-29
XXXX
-4975.99000000
N
N
N
Dreyfus Instl Resv
N/A
DREYFUS-INS-IS
26200X100
449894.83000000
PA
USD
449894.83000000
10.66721080894
Long
STIV
RF
US
N
1
N
N
N
N/A
N/A
EEM US 05/29/20 P33.5
N/A
-1000.00000000
NC
USD
-1500.00000000
-0.03556568145
Short
DE
CORP
N/A
N
2
PERSHING
N/A
Put
Written
ISHARES TRUST
ISHARES TRUST MSCI EMG MKT ETF
-1000.00000000
33.50000000
USD
2020-05-29
XXXX
17500.75000000
N
N
N
ISHARES TRUST
549300MGJZCNMJLBAJ67
ISHARES MSCI EMERGING MAR
464287234
63000.00000000
NS
USD
2376990.00000000
56.35951277937
Long
EC
RF
US
N
1
N
N
N
2020-06-26
SARATOGA ADVANTAGE TRUST
Aaron Smith
Aaron Smith
Assistant Treasurer
XXXX