Binance Optionsv0.1.0PAPER READY

ETH Near-expiry Short Strangle

Select a near-expiry ETH OTM strangle and cap Paper size with target delta, width, mark-IV probability, stress-loss, and fractional-Kelly diagnostics.

ETHOptionsNear expiryStrangleHigh volatilityExperimental
Export for local runtimeOnly implemented strategies produce runtime configurations
Strategy categoryOptions income
Market / timeframeETHUSDT Options · 1d
Default riskHIGH
Current runtimeslocal
Strategy thesis

Why it might work

Premium may compensate bounded scenario losses when realized movement stays below the short-dated volatility implied by the option chain.

Key risks
  • Both upside and downside tail losses remain open
  • Near-expiry gamma and liquidity can invalidate stress estimates
  • Kelly is a bounded diagnostic, not a profit guarantee
Stop / invalidation conditions
  • Kelly edge is non-positive or stress loss breaches the cap
  • Call and put legs do not share expiry and contract specifications
  • Bid, mark IV, delta, or index price is missing
Published backtest

Evidence used to compare strategies

WAITING FOR DATA
Period
Total return
Max drawdown
Trades
No published backtest yet

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