Research account — index options
The $100k research book runs nine systematic options strategies (S1–S9) on the S&P 500 and Nasdaq — defined-risk credit spreads, condors, and the directional day-trades. Fully automated: entered, managed, and closed with no manual input.
As of Jul 03, 2026, 05:59 PM ET
Account value over time
No equity history yet — the curve builds as daily closes are recorded.
What's being traded — and how
Every strategy in this account in plain English: what it does, how it's managed, the risk, and what it has banked.
Buys a single index option in the direction the market internals are pointing.
How it's managed: A debit trade; held to the end of the day to capture the full trend.
67% win
A systematic, rules-based trade the engine runs automatically.
How it's managed: Entered, managed, and exited by the engine with no manual input.
54% win
Sells both sides of the index, betting it stays in a range.
How it's managed: Capped risk; managed to a target or the close.
100% win
In an uptrending market, sells a defined-risk S&P put spread and collects premium.
How it's managed: Closes at a profit target or flattens before the close each day.
78% win
Same entry as the Directional Day-Trade, but with a profit lock: once a big gain builds, it refuses to give more than half of it back.
How it's managed: Runs side-by-side with v1 so the two exit styles can be compared on live trades.
0% win
Sells a bullish put spread on the index to collect premium as it decays.
How it's managed: Defined risk; daily loss limit and cooldown guard it.
71% win
On a confirmed trend day, instead of the index it buys options on the two stocks moving hardest WITH the trend — the names already down (or up) the most keep going more often than the index does.
How it's managed: Two names, not one, to survive a single-stock bounce; v2 profit lock plus a hard close before the bell.
50% win
The exact same trades as v4, but buying the at-the-money option instead of a cheaper out-of-the-money one — a live experiment to settle which strike earns more per dollar.
How it's managed: Mirrors v4 entry-for-entry and exit-for-exit; only the strike differs, so the performance gap measures the strike choice itself.
33% win
Same trade, but reads the whole market — roughly a thousand stocks — instead of a 30-name sample to decide if it is a true trend day.
How it's managed: Runs side-by-side with v1/v2; includes the v2 profit lock.
25% win
Waits until 3:30pm: if the market is already up or down 2%+ with the S&P agreeing, big trend days tend to finish in the same direction (~70% historically) — it rides just the final 25 minutes with one deep in-the-money option.
How it's managed: One contract, once a day at most (~14 signals a year); buys at 3:30pm, sells at 3:55pm, never holds overnight.
Open positions now
What the account is holding this moment. 'On paper' is the profit/loss if it closed right now.
No open positions right now — the account is in cash.