Compare economic results and evidence quality directly. ROI alone does not approve
a strategy; each row explains whether the blocker is performance, insufficient evidence, or unavailable data.
These strategies had positive base- and adverse-cost results, but not enough historical trades for validation. Prospective observation gathers new evidence; it is not live approval.View observation queue
Version
Asset
Structure tested
ROI
Win rate
Risk
Paper-observation status and reason
Actions
T1-LC1Bull-Trend Long CallImmutable LC1 rules from SPY Strategy Tournament v1. The name identifies the rule set and cadence; it is not a performance rating.
SPYSPDR S&P 500 ETF Trust
Long callA purchased call option with loss limited to premium and costs.monthly decisions
+1.90%Adverse costs +1.87%
+50.00%6 completed trades
0.52Max drawdown −3.02%
Paper observation candidatePositive ROI, adverse-cost ROI, and Sharpe; sample size was the only failed historical gate.
T1-PV1Bear-Trend Put Debit VerticalImmutable PV1 rules from SPY Strategy Tournament v1. The name identifies the rule set and cadence; it is not a performance rating.
SPYSPDR S&P 500 ETF Trust
Put debit verticalA bearish defined-risk spread that buys a put and sells a lower-strike put at the same expiration.monthly decisions
+0.26%Adverse costs +0.17%
+50.00%6 completed trades
0.07Max drawdown −3.01%
Paper observation candidatePositive ROI, adverse-cost ROI, and Sharpe; sample size was the only failed historical gate.
T2-BWB1WCall Broken-Wing Butterfly — WeeklyImmutable BWB1W rules from SPY Weekly Option Tournament v2. The name identifies the rule set and cadence; it is not a performance rating.
SPYSPDR S&P 500 ETF Trust
Defined-risk broken-wing butterflyA one-by-two-by-one call butterfly with unequal wings and bounded expiration loss.weekly / 10 sessions decisions
+0.93%Adverse costs +0.34%
+50.00%6 completed trades
0.46Max drawdown −1.30%
Paper observation candidatePositive ROI, adverse-cost ROI, and Sharpe; sample size was the only failed historical gate.
T2-CC1WCovered Call — WeeklyImmutable CC1W rules from SPY Weekly Option Tournament v2. The name identifies the rule set and cadence; it is not a performance rating.
SPYSPDR S&P 500 ETF Trust
Covered callOne short call paired with 100 SPY shares so the call obligation is covered.weekly / 10 sessions decisions
+2.75%Adverse costs +2.68%
+50.00%8 completed trades
0.46Max drawdown −3.18%
Paper observation candidatePositive ROI, adverse-cost ROI, and Sharpe; sample size was the only failed historical gate.
T2-CSP1WCash-Secured Put — WeeklyImmutable CSP1W rules from SPY Weekly Option Tournament v2. The name identifies the rule set and cadence; it is not a performance rating.
SPYSPDR S&P 500 ETF Trust
Cash-secured putA short put backed by enough modeled cash to buy 100 SPY shares at the strike.weekly / 10 sessions decisions
+0.62%Adverse costs +0.55%
+62.50%8 completed trades
0.34Max drawdown −0.84%
Paper observation candidatePositive ROI, adverse-cost ROI, and Sharpe; sample size was the only failed historical gate.
T2-LC1WBull-Trend Long Call — WeeklyImmutable LC1W rules from SPY Weekly Option Tournament v2. The name identifies the rule set and cadence; it is not a performance rating.
SPYSPDR S&P 500 ETF Trust
Long callA purchased call option with loss limited to premium and costs.weekly / 10 sessions decisions
+1.01%Adverse costs +0.96%
+70.00%10 completed trades
0.31Max drawdown −2.69%
Paper observation candidatePositive ROI, adverse-cost ROI, and Sharpe; sample size was the only failed historical gate.
User-submitted option ideas appear here for transparent economics and risk review. They are not immutable strategies, historical validation results, or order instructions.
NBIS · Nebius Group N.V.1 proposed trade review
Contract
Market snapshot
Expiration economics
Paper-risk review
Actions
NBIS $170 putExpires 12-18-26
$18.70 delayed ask ceilingSeller-side bid and reliable current stock quote unavailable
$1,870 max profit$151.30 expiration break-even at the reference credit
Not authorizedFailed the 09/14 v1.1 cap; v1.3 enables no single-stock collateral class
v0.1Regime RouterThe first frozen version of a strategy that classifies SPY as bullish, bearish, range-bound with rich implied volatility, or uncertain, then routes to a matching defined-risk structure or cash.
Regime-routed structuresCall debit spreadsA bullish, defined-risk position that buys a call and sells a higher-strike call with the same expiration., put debit spreadsA bearish, defined-risk position that buys a put and sells a lower-strike put with the same expiration. and defined-risk iron condorsA range-bound, defined-risk position combining a put credit spread and call credit spread with protective wings.
+0.14%3¢ slippage −0.23%
33.33%3 completed trades
0.33Max drawdown −0.20%
Historical evidence unfavorableAdverse-cost ROI was negative and the holdout materially lagged SPY; this is not merely a volume problem.
T1-LC1Bull-Trend Long CallImmutable LC1 rules from SPY Strategy Tournament v1. The name identifies the rule set and cadence; it is not a performance rating.
Long callA purchased call option with loss limited to premium and costs.monthly decisions
+1.90%Adverse costs +1.87%
+50.00%6 completed trades
0.52Max drawdown −3.02%
Paper observation candidatePositive ROI, adverse-cost ROI, and Sharpe; sample size was the only failed historical gate.
T1-CV1Bull-Trend Call Debit VerticalImmutable CV1 rules from SPY Strategy Tournament v1. The name identifies the rule set and cadence; it is not a performance rating.
Call debit verticalA bullish defined-risk spread that buys a call and sells a higher-strike call at the same expiration.monthly decisions
+0.53%Adverse costs +0.50%
+50.00%2 completed trades
0.31Max drawdown −0.80%
Too little evidenceOnly 2 completed historical trades—too little evidence to call the result promising.
T1-PV1Bear-Trend Put Debit VerticalImmutable PV1 rules from SPY Strategy Tournament v1. The name identifies the rule set and cadence; it is not a performance rating.
Put debit verticalA bearish defined-risk spread that buys a put and sells a lower-strike put at the same expiration.monthly decisions
+0.26%Adverse costs +0.17%
+50.00%6 completed trades
0.07Max drawdown −3.01%
Paper observation candidatePositive ROI, adverse-cost ROI, and Sharpe; sample size was the only failed historical gate.
T1-CSP1Cash-Secured PutImmutable CSP1 rules from SPY Strategy Tournament v1. The name identifies the rule set and cadence; it is not a performance rating.
Cash-secured putA short put backed by enough modeled cash to buy 100 SPY shares at the strike.monthly decisions
−0.16%Adverse costs −0.19%
+50.00%4 completed trades
-0.05Max drawdown −1.30%
Historical evidence unfavorableValidation ROI, adverse-cost ROI, or Sharpe was not positive; this is a performance blocker, not a volume blocker.
T1-PCV1Put Credit VerticalImmutable PCV1 rules from SPY Strategy Tournament v1. The name identifies the rule set and cadence; it is not a performance rating.
Put credit verticalA short put protected by a lower-strike long put at the same expiration.monthly decisions
−1.02%Adverse costs −1.03%
+50.00%2 completed trades
-0.65Max drawdown −1.34%
Historical evidence unfavorableValidation ROI, adverse-cost ROI, or Sharpe was not positive; this is a performance blocker, not a volume blocker.
T1-IC1Defined-Risk Iron CondorImmutable IC1 rules from SPY Strategy Tournament v1. The name identifies the rule set and cadence; it is not a performance rating.
Iron condorA defined-risk range position combining put and call credit spreads with protective wings.monthly decisions
Not measuredAdverse costs Not measured
Not measured0 completed trades
Not measuredMax drawdown Not measured
Historical evidence unfavorableValidation ROI, adverse-cost ROI, or Sharpe was not positive; this is a performance blocker, not a volume blocker.
T1-IF1Defined-Risk Iron ButterflyImmutable IF1 rules from SPY Strategy Tournament v1. The name identifies the rule set and cadence; it is not a performance rating.
Iron butterflyA defined-risk position selling an at-the-money call and put with protective wings.monthly decisions
Not measuredAdverse costs Not measured
Not measured0 completed trades
Not measuredMax drawdown Not measured
Historical evidence unfavorableValidation ROI, adverse-cost ROI, or Sharpe was not positive; this is a performance blocker, not a volume blocker.
T1-CAL1ATM Call CalendarImmutable CAL1 rules from SPY Strategy Tournament v1. The name identifies the rule set and cadence; it is not a performance rating.
Call calendarA short near-dated call paired with a longer-dated call at the same strike.monthly decisions
−0.03%Adverse costs −0.10%
+50.00%2 completed trades
-0.03Max drawdown −0.53%
Historical evidence unfavorableValidation ROI, adverse-cost ROI, or Sharpe was not positive; this is a performance blocker, not a volume blocker.
T1-DIA1Bullish Call DiagonalImmutable DIA1 rules from SPY Strategy Tournament v1. The name identifies the rule set and cadence; it is not a performance rating.
Call diagonalA longer-dated lower-strike call paired with a shorter-dated higher-strike call.monthly decisions
−1.24%Adverse costs −1.26%
+50.00%2 completed trades
-1.14Max drawdown −1.42%
Historical evidence unfavorableValidation ROI, adverse-cost ROI, or Sharpe was not positive; this is a performance blocker, not a volume blocker.
T1-BWB1Call Broken-Wing ButterflyImmutable BWB1 rules from SPY Strategy Tournament v1. The name identifies the rule set and cadence; it is not a performance rating.
Defined-risk broken-wing butterflyA one-by-two-by-one call butterfly with unequal wings and bounded expiration loss.monthly decisions
−0.42%Adverse costs −0.47%
+0.00%1 completed trades
-0.23Max drawdown −0.97%
Historical evidence unfavorableValidation ROI, adverse-cost ROI, or Sharpe was not positive; this is a performance blocker, not a volume blocker.
T2-LC1WBull-Trend Long Call — WeeklyImmutable LC1W rules from SPY Weekly Option Tournament v2. The name identifies the rule set and cadence; it is not a performance rating.
Long callA purchased call option with loss limited to premium and costs.weekly / 10 sessions decisions
+1.01%Adverse costs +0.96%
+70.00%10 completed trades
0.31Max drawdown −2.69%
Paper observation candidatePositive ROI, adverse-cost ROI, and Sharpe; sample size was the only failed historical gate.
T2-CV1WBull-Trend Call Debit Vertical — WeeklyImmutable CV1W rules from SPY Weekly Option Tournament v2. The name identifies the rule set and cadence; it is not a performance rating.
Call debit verticalA bullish defined-risk spread that buys a call and sells a higher-strike call at the same expiration.weekly / 10 sessions decisions
+0.07%Adverse costs −0.15%
+63.64%11 completed trades
0.03Max drawdown −2.77%
Historical evidence unfavorableValidation ROI, adverse-cost ROI, or Sharpe was not positive; this is a performance blocker, not a volume blocker.
T2-PV1WBear-Trend Put Debit Vertical — WeeklyImmutable PV1W rules from SPY Weekly Option Tournament v2. The name identifies the rule set and cadence; it is not a performance rating.
Put debit verticalA bearish defined-risk spread that buys a put and sells a lower-strike put at the same expiration.weekly / 10 sessions decisions
−1.02%Adverse costs −1.19%
+45.45%11 completed trades
-0.24Max drawdown −4.96%
Historical evidence unfavorableValidation ROI, adverse-cost ROI, or Sharpe was not positive; this is a performance blocker, not a volume blocker.
T2-CSP1WCash-Secured Put — WeeklyImmutable CSP1W rules from SPY Weekly Option Tournament v2. The name identifies the rule set and cadence; it is not a performance rating.
Cash-secured putA short put backed by enough modeled cash to buy 100 SPY shares at the strike.weekly / 10 sessions decisions
+0.62%Adverse costs +0.55%
+62.50%8 completed trades
0.34Max drawdown −0.84%
Paper observation candidatePositive ROI, adverse-cost ROI, and Sharpe; sample size was the only failed historical gate.
T2-CC1WCovered Call — WeeklyImmutable CC1W rules from SPY Weekly Option Tournament v2. The name identifies the rule set and cadence; it is not a performance rating.
Covered callOne short call paired with 100 SPY shares so the call obligation is covered.weekly / 10 sessions decisions
+2.75%Adverse costs +2.68%
+50.00%8 completed trades
0.46Max drawdown −3.18%
Paper observation candidatePositive ROI, adverse-cost ROI, and Sharpe; sample size was the only failed historical gate.
T2-PCV1WPut Credit Vertical — WeeklyImmutable PCV1W rules from SPY Weekly Option Tournament v2. The name identifies the rule set and cadence; it is not a performance rating.
Put credit verticalA short put protected by a lower-strike long put at the same expiration.weekly / 10 sessions decisions
−0.08%Adverse costs −0.28%
+50.00%6 completed trades
-0.10Max drawdown −0.47%
Historical evidence unfavorableValidation ROI, adverse-cost ROI, or Sharpe was not positive; this is a performance blocker, not a volume blocker.
T2-IC1WDefined-Risk Iron Condor — WeeklyImmutable IC1W rules from SPY Weekly Option Tournament v2. The name identifies the rule set and cadence; it is not a performance rating.
Iron condorA defined-risk range position combining put and call credit spreads with protective wings.weekly / 10 sessions decisions
Not measuredAdverse costs Not measured
Not measured0 completed trades
Not measuredMax drawdown Not measured
Historical evidence unfavorableValidation ROI, adverse-cost ROI, or Sharpe was not positive; this is a performance blocker, not a volume blocker.
T2-IF1WDefined-Risk Iron Butterfly — WeeklyImmutable IF1W rules from SPY Weekly Option Tournament v2. The name identifies the rule set and cadence; it is not a performance rating.
Iron butterflyA defined-risk position selling an at-the-money call and put with protective wings.weekly / 10 sessions decisions
−1.06%Adverse costs −1.57%
+33.33%3 completed trades
-0.69Max drawdown −1.59%
Historical evidence unfavorableValidation ROI, adverse-cost ROI, or Sharpe was not positive; this is a performance blocker, not a volume blocker.
T2-LS1WLong Straddle — WeeklyImmutable LS1W rules from SPY Weekly Option Tournament v2. The name identifies the rule set and cadence; it is not a performance rating.
Long straddleA purchased same-strike call and put that seeks a sufficiently large move in either direction.weekly / 10 sessions decisions
+0.32%Adverse costs +0.31%
+100.00%1 completed trades
0.52Max drawdown −0.14%
Too little evidenceOnly 1 completed historical trade—too little evidence to call the result promising.
T2-BWB1WCall Broken-Wing Butterfly — WeeklyImmutable BWB1W rules from SPY Weekly Option Tournament v2. The name identifies the rule set and cadence; it is not a performance rating.
Defined-risk broken-wing butterflyA one-by-two-by-one call butterfly with unequal wings and bounded expiration loss.weekly / 10 sessions decisions
+0.93%Adverse costs +0.34%
+50.00%6 completed trades
0.46Max drawdown −1.30%
Paper observation candidatePositive ROI, adverse-cost ROI, and Sharpe; sample size was the only failed historical gate.
IWM · iShares Russell 2000 ETF5 option strategy versions
Version
Structure tested
ROI
Win rate
Risk
Paper-observation status and reason
Actions
T5-IWM-PCS3Downside-Skew Put Credit SpreadImmutable IWM-PCS3 rules from Options-Only Volatility Tournament v3. The name identifies the rule set and cadence; it is not a performance rating.
Put credit verticalA short put protected by a lower-strike long put at the same expiration.monthly / up to 20 sessions decisions
Not measuredAdverse costs Not measured
Not measured0 completed trades
Not measuredMax drawdown Not measured
Not measurableRequired liquid near/far option pairs were usually unavailable, so ROI and win rate could not be measured.
T5-IWM-IC3Term-Rich Iron CondorImmutable IWM-IC3 rules from Options-Only Volatility Tournament v3. The name identifies the rule set and cadence; it is not a performance rating.
Iron condorA defined-risk range position combining put and call credit spreads with protective wings.monthly / up to 20 sessions decisions
Not measuredAdverse costs Not measured
Not measured0 completed trades
Not measuredMax drawdown Not measured
Not measurableRequired liquid near/far option pairs were usually unavailable, so ROI and win rate could not be measured.
T5-IWM-CAL3ATM Call CalendarImmutable IWM-CAL3 rules from Options-Only Volatility Tournament v3. The name identifies the rule set and cadence; it is not a performance rating.
Call calendarA short near-dated call paired with a longer-dated call at the same strike.monthly / up to 15 sessions decisions
Not measuredAdverse costs Not measured
Not measured0 completed trades
Not measuredMax drawdown Not measured
Not measurableRequired liquid near/far option pairs were usually unavailable, so ROI and win rate could not be measured.
T5-IWM-LS3Option-Cheap Long StraddleImmutable IWM-LS3 rules from Options-Only Volatility Tournament v3. The name identifies the rule set and cadence; it is not a performance rating.
Long straddleA purchased same-strike call and put that seeks a sufficiently large move in either direction.monthly / up to 20 sessions decisions
Not measuredAdverse costs Not measured
Not measured0 completed trades
Not measuredMax drawdown Not measured
Not measurableRequired liquid near/far option pairs were usually unavailable, so ROI and win rate could not be measured.
T5-IWM-BF3Range-Pin Call ButterflyImmutable IWM-BF3 rules from Options-Only Volatility Tournament v3. The name identifies the rule set and cadence; it is not a performance rating.
Long call butterflyA defined-risk one-by-two-by-one call structure with equal wings that benefits when expiration finishes near its middle strike.monthly / up to 20 sessions decisions
Not measuredAdverse costs Not measured
Not measured0 completed trades
Not measuredMax drawdown Not measured
Not measurableRequired liquid near/far option pairs were usually unavailable, so ROI and win rate could not be measured.
MU · Micron Technology, Inc.6 option strategy versions
Version
Structure tested
ROI
Win rate
Risk
Paper-observation status and reason
Actions
T6-MU-MOC4Momentum Long CallImmutable MU-MOC4 rules from Single-Stock Options Tournament v4. The name identifies the rule set and cadence; it is not a performance rating.
Long callA purchased call option with loss limited to premium and costs.weekly / up to 10 sessions decisions
Not measuredAdverse costs Not measured
Not measured0 completed trades
Not measuredMax drawdown Not measured
Not measurableOnly 4 validation signals were possible before option liquidity and overlap; the frozen historical minimum was 25 and the experimental-observation floor was 5.
T6-MU-MDS4Momentum Call Debit SpreadImmutable MU-MDS4 rules from Single-Stock Options Tournament v4. The name identifies the rule set and cadence; it is not a performance rating.
Call debit verticalA bullish defined-risk spread that buys a call and sells a higher-strike call at the same expiration.weekly / up to 10 sessions decisions
Not measuredAdverse costs Not measured
Not measured0 completed trades
Not measuredMax drawdown Not measured
Not measurableOnly 4 validation signals were possible before option liquidity and overlap; the frozen historical minimum was 25 and the experimental-observation floor was 5.
T6-MU-PPS4Trend-Pullback Put Credit SpreadImmutable MU-PPS4 rules from Single-Stock Options Tournament v4. The name identifies the rule set and cadence; it is not a performance rating.
Put credit verticalA short put protected by a lower-strike long put at the same expiration.weekly / up to 5 sessions decisions
Not measuredAdverse costs Not measured
Not measured0 completed trades
Not measuredMax drawdown Not measured
Not measurableOnly 2 validation signals were possible before option liquidity and overlap; the frozen historical minimum was 25 and the experimental-observation floor was 5.
T6-MU-BDS4Bearish Breakdown Put Debit SpreadImmutable MU-BDS4 rules from Single-Stock Options Tournament v4. The name identifies the rule set and cadence; it is not a performance rating.
Put debit verticalA bearish defined-risk spread that buys a put and sells a lower-strike put at the same expiration.weekly / up to 10 sessions decisions
Not measuredAdverse costs Not measured
Not measured0 completed trades
Not measuredMax drawdown Not measured
Not measurableOnly 3 validation signals were possible before option liquidity and overlap; the frozen historical minimum was 25 and the experimental-observation floor was 5.
T6-MU-VES4Volatility-Expansion Long StrangleImmutable MU-VES4 rules from Single-Stock Options Tournament v4. The name identifies the rule set and cadence; it is not a performance rating.
Long strangleA purchased out-of-the-money call and put that seeks a sufficiently large move in either direction while limiting loss to the combined debit and costs.weekly / up to 5 sessions decisions
−0.05%Adverse costs −0.26%
+40.00%5 completed trades
-0.03Max drawdown −0.58%
Historical evidence unfavorableValidation ROI, adverse-cost ROI, or Sharpe was not positive; this is a performance blocker, not a volume blocker.
T6-MU-BWB4Momentum Call Broken-Wing ButterflyImmutable MU-BWB4 rules from Single-Stock Options Tournament v4. The name identifies the rule set and cadence; it is not a performance rating.
Defined-risk broken-wing butterflyA one-by-two-by-one call butterfly with unequal wings and bounded expiration loss.weekly / up to 7 sessions decisions
Not measuredAdverse costs Not measured
Not measured0 completed trades
Not measuredMax drawdown Not measured
Not measurableOnly 4 validation signals were possible before option liquidity and overlap; the frozen historical minimum was 25 and the experimental-observation floor was 5.
T6-NVDA-MOC4Momentum Long CallImmutable NVDA-MOC4 rules from Single-Stock Options Tournament v4. The name identifies the rule set and cadence; it is not a performance rating.
Long callA purchased call option with loss limited to premium and costs.weekly / up to 10 sessions decisions
Not measuredAdverse costs Not measured
Not measured0 completed trades
Not measuredMax drawdown Not measured
Risk budget incompatibleAll 5 planned validation trades exceeded the frozen 0.75% one-complex maximum-loss budget; no position could be opened safely.
T6-NVDA-MDS4Momentum Call Debit SpreadImmutable NVDA-MDS4 rules from Single-Stock Options Tournament v4. The name identifies the rule set and cadence; it is not a performance rating.
Call debit verticalA bullish defined-risk spread that buys a call and sells a higher-strike call at the same expiration.weekly / up to 10 sessions decisions
Not measuredAdverse costs Not measured
Not measured0 completed trades
Not measuredMax drawdown Not measured
Risk budget incompatibleAll 5 planned validation trades exceeded the frozen 0.75% one-complex maximum-loss budget; no position could be opened safely.
T6-NVDA-PPS4Trend-Pullback Put Credit SpreadImmutable NVDA-PPS4 rules from Single-Stock Options Tournament v4. The name identifies the rule set and cadence; it is not a performance rating.
Put credit verticalA short put protected by a lower-strike long put at the same expiration.weekly / up to 5 sessions decisions
Not measuredAdverse costs Not measured
Not measured0 completed trades
Not measuredMax drawdown Not measured
Not measurableOnly 4 validation signals were possible before option liquidity and overlap; the frozen historical minimum was 25 and the experimental-observation floor was 5.
T6-NVDA-BDS4Bearish Breakdown Put Debit SpreadImmutable NVDA-BDS4 rules from Single-Stock Options Tournament v4. The name identifies the rule set and cadence; it is not a performance rating.
Put debit verticalA bearish defined-risk spread that buys a put and sells a lower-strike put at the same expiration.weekly / up to 10 sessions decisions
Not measuredAdverse costs Not measured
Not measured0 completed trades
Not measuredMax drawdown Not measured
Risk budget incompatibleAll 5 planned validation trades exceeded the frozen 0.75% one-complex maximum-loss budget; no position could be opened safely.
T6-NVDA-VES4Volatility-Expansion Long StrangleImmutable NVDA-VES4 rules from Single-Stock Options Tournament v4. The name identifies the rule set and cadence; it is not a performance rating.
Long strangleA purchased out-of-the-money call and put that seeks a sufficiently large move in either direction while limiting loss to the combined debit and costs.weekly / up to 5 sessions decisions
Not measuredAdverse costs Not measured
Not measured0 completed trades
Not measuredMax drawdown Not measured
Not measurableOnly 4 validation signals were possible before option liquidity and overlap; the frozen historical minimum was 25 and the experimental-observation floor was 5.
T6-NVDA-BWB4Momentum Call Broken-Wing ButterflyImmutable NVDA-BWB4 rules from Single-Stock Options Tournament v4. The name identifies the rule set and cadence; it is not a performance rating.
Defined-risk broken-wing butterflyA one-by-two-by-one call butterfly with unequal wings and bounded expiration loss.weekly / up to 7 sessions decisions
−0.22%Adverse costs −0.30%
+0.00%1 completed trades
-0.78Max drawdown −0.22%
Historical evidence unfavorableValidation ROI, adverse-cost ROI, or Sharpe was not positive; this is a performance blocker, not a volume blocker.
T5-QQQ-PCS3Downside-Skew Put Credit SpreadImmutable QQQ-PCS3 rules from Options-Only Volatility Tournament v3. The name identifies the rule set and cadence; it is not a performance rating.
Put credit verticalA short put protected by a lower-strike long put at the same expiration.monthly / up to 20 sessions decisions
Not measuredAdverse costs Not measured
Not measured0 completed trades
Not measuredMax drawdown Not measured
Not measurableRequired liquid near/far option pairs were usually unavailable, so ROI and win rate could not be measured.
T5-QQQ-IC3Term-Rich Iron CondorImmutable QQQ-IC3 rules from Options-Only Volatility Tournament v3. The name identifies the rule set and cadence; it is not a performance rating.
Iron condorA defined-risk range position combining put and call credit spreads with protective wings.monthly / up to 20 sessions decisions
Not measuredAdverse costs Not measured
Not measured0 completed trades
Not measuredMax drawdown Not measured
Not measurableRequired liquid near/far option pairs were usually unavailable, so ROI and win rate could not be measured.
T5-QQQ-CAL3ATM Call CalendarImmutable QQQ-CAL3 rules from Options-Only Volatility Tournament v3. The name identifies the rule set and cadence; it is not a performance rating.
Call calendarA short near-dated call paired with a longer-dated call at the same strike.monthly / up to 15 sessions decisions
Not measuredAdverse costs Not measured
Not measured0 completed trades
Not measuredMax drawdown Not measured
Not measurableRequired liquid near/far option pairs were usually unavailable, so ROI and win rate could not be measured.
T5-QQQ-LS3Option-Cheap Long StraddleImmutable QQQ-LS3 rules from Options-Only Volatility Tournament v3. The name identifies the rule set and cadence; it is not a performance rating.
Long straddleA purchased same-strike call and put that seeks a sufficiently large move in either direction.monthly / up to 20 sessions decisions
Not measuredAdverse costs Not measured
Not measured0 completed trades
Not measuredMax drawdown Not measured
Not measurableRequired liquid near/far option pairs were usually unavailable, so ROI and win rate could not be measured.
T5-QQQ-BF3Range-Pin Call ButterflyImmutable QQQ-BF3 rules from Options-Only Volatility Tournament v3. The name identifies the rule set and cadence; it is not a performance rating.
Long call butterflyA defined-risk one-by-two-by-one call structure with equal wings that benefits when expiration finishes near its middle strike.monthly / up to 20 sessions decisions
Not measuredAdverse costs Not measured
Not measured0 completed trades
Not measuredMax drawdown Not measured
Not measurableRequired liquid near/far option pairs were usually unavailable, so ROI and win rate could not be measured.
T6-TSLA-MOC4Momentum Long CallImmutable TSLA-MOC4 rules from Single-Stock Options Tournament v4. The name identifies the rule set and cadence; it is not a performance rating.
Long callA purchased call option with loss limited to premium and costs.weekly / up to 10 sessions decisions
Not measuredAdverse costs Not measured
Not measured0 completed trades
Not measuredMax drawdown Not measured
Not measurableOnly 0 validation signals were possible before option liquidity and overlap; the frozen historical minimum was 25 and the experimental-observation floor was 5.
T6-TSLA-MDS4Momentum Call Debit SpreadImmutable TSLA-MDS4 rules from Single-Stock Options Tournament v4. The name identifies the rule set and cadence; it is not a performance rating.
Call debit verticalA bullish defined-risk spread that buys a call and sells a higher-strike call at the same expiration.weekly / up to 10 sessions decisions
Not measuredAdverse costs Not measured
Not measured0 completed trades
Not measuredMax drawdown Not measured
Not measurableOnly 0 validation signals were possible before option liquidity and overlap; the frozen historical minimum was 25 and the experimental-observation floor was 5.
T6-TSLA-PPS4Trend-Pullback Put Credit SpreadImmutable TSLA-PPS4 rules from Single-Stock Options Tournament v4. The name identifies the rule set and cadence; it is not a performance rating.
Put credit verticalA short put protected by a lower-strike long put at the same expiration.weekly / up to 5 sessions decisions
Not measuredAdverse costs Not measured
Not measured0 completed trades
Not measuredMax drawdown Not measured
Not measurableOnly 3 validation signals were possible before option liquidity and overlap; the frozen historical minimum was 25 and the experimental-observation floor was 5.
T6-TSLA-BDS4Bearish Breakdown Put Debit SpreadImmutable TSLA-BDS4 rules from Single-Stock Options Tournament v4. The name identifies the rule set and cadence; it is not a performance rating.
Put debit verticalA bearish defined-risk spread that buys a put and sells a lower-strike put at the same expiration.weekly / up to 10 sessions decisions
Not measuredAdverse costs Not measured
Not measured0 completed trades
Not measuredMax drawdown Not measured
Not measurableOnly 0 validation signals were possible before option liquidity and overlap; the frozen historical minimum was 25 and the experimental-observation floor was 5.
T6-TSLA-VES4Volatility-Expansion Long StrangleImmutable TSLA-VES4 rules from Single-Stock Options Tournament v4. The name identifies the rule set and cadence; it is not a performance rating.
Long strangleA purchased out-of-the-money call and put that seeks a sufficiently large move in either direction while limiting loss to the combined debit and costs.weekly / up to 5 sessions decisions
Not measuredAdverse costs Not measured
Not measured0 completed trades
Not measuredMax drawdown Not measured
Risk budget incompatibleAll 4 planned validation trades exceeded the frozen 0.75% one-complex maximum-loss budget; no position could be opened safely.
T6-TSLA-BWB4Momentum Call Broken-Wing ButterflyImmutable TSLA-BWB4 rules from Single-Stock Options Tournament v4. The name identifies the rule set and cadence; it is not a performance rating.
Defined-risk broken-wing butterflyA one-by-two-by-one call butterfly with unequal wings and bounded expiration loss.weekly / up to 7 sessions decisions
Not measuredAdverse costs Not measured
Not measured0 completed trades
Not measuredMax drawdown Not measured
Not measurableOnly 0 validation signals were possible before option liquidity and overlap; the frozen historical minimum was 25 and the experimental-observation floor was 5.