Immutable research result
Bear-Trend Put Debit Vertical
Training and validation use consecutive frozen historical stages. Missing or incomplete option lifecycles were skipped rather than priced by proxy.
Stage evidence
| Stage | ROI | Adverse ROI | Win rate | Profit factor | Sharpe | Max drawdown |
|---|---|---|---|---|---|---|
| Training2 completed, 0 skipped | −2.94% | −2.97% | +0.00% | 0.00 | -1.11 | −3.07% |
| Validation6 completed, 0 skipped | +0.26% | +0.17% | +50.00% | 1.07 | 0.07 | −3.01% |
RESEARCH RECORD ID
e828a6c1ea31…
The strategy, protocol, data snapshots, costs and deterministic assumptions are fingerprinted together.
PAPER-OBSERVATION DECISION
Paper observation candidate
ROI, adverse-cost ROI, and Sharpe were positive, and modeled risk is bounded or fully collateralized. The failed historical gate was sample size, so prospective paper observation is appropriate; this is not validation or live approval.