Alpaca Options Agent

Paper trading · auto-refreshes every 30s

Competition result — 2026-08-31 to 2026-09-03 (judged window)

Final equity
$99,383
P&L
-617
Return
-0.62%
Closed
6
Win rate
33%

Official P&L window: 31 Aug 09:30 ET → 4 Sep 09:30 ET, scored on total account equity at the EOD 3 Sep snapshot. Started at $100,000.

Live now — since 2026-09-13

Equity
$100,654
Realised P&L
-769
Open
1
Closed
28
Win rate
39%

A fresh paper account, trading since 2026-09-13. Until 2026-09-19 it ran the competition strategy unchanged (multi-day holds); from 2026-09-19 it is intraday-only: entries 10:00–14:30 ET, everything closed by 15:45 ET. The database was reset for the account switch (audit tables cleared, market history kept), so everything below this line belongs to this account only.

Open positions

contractunderlyingrightqtyentrystoptargetexpirythesis
MSFT260928C00515000MSFTcall62.98497.35542.592026-09-28Momentum is solid (+1.39 ADR, RVOL 2.55) supporting an intraday continuation play, and this contract offers a near-the-money delta (0.41) with tight 3.2% spread for efficient intraday execution; moderate size given the move is already somewhat extended so I favor the tighter spread/near-term contract over chasing further OTM strikes.

Closed positions — competition window (frozen)

contractqtyentryexitP&Lreason
TSLA260911C0037000028.254.80-690premium -42% at or below -40%
AAPL260909C0032000035.259.40+1,245premium +85% at or above 80%
TSLA260918C00365000111.706.95-475premium -41% at or below -40%
IWM260918P0029000063.282.18-660underlying 295.81 broke stop 295.34
AVGO260918P0034500019.956.05-390underlying 353.64 broke stop 353.51
MSTR260918C0014000028.759.95+240underlying 142.72 reached target 142.69

Closed positions — since 2026-09-13

contractqtyentryexitP&Lreason
MSFT260928C0051500044.502.56-776premium -42% at or below -40%
PLTR261002C0019250035.555.35-60end of day: flat by 15:45 ET (intraday-only)
META260928C00765000115.6521.25+560end of day: flat by 15:45 ET (intraday-only)
GOOGL261016P0034000029.9010.85+190end of day: flat by 15:45 ET (intraday-only)
PLTR261002C0019000035.756.70+285end of day: flat by 15:45 ET (intraday-only)
CVNA261002P0006300072.651.63-714end of day: flat by 15:45 ET (intraday-only)
JPM260925P0033750062.901.90-600end of day: flat by 15:45 ET (intraday-only)
XLF260930P00055000410.480.44-164end of day: flat by 15:45 ET (intraday-only)
META260925C00760000113.908.15-575underlying 739.38 broke stop 739.66
XLF260930P00055000370.520.44-296underlying 54.94 broke stop 54.94
SHOP260925C0015000054.002.32-840premium -40% at or below -40%
QQQ260925C0074000035.706.84+342end of day: flat by 15:45 ET (intraday-only)
ARM260925C00310000112.3518.70+635end of day: flat by 15:45 ET (intraday-only)
META260925C00730000119.5529.60+1,005end of day: flat by 15:45 ET (intraday-only)
QQQ260925C0073900035.146.22+324underlying 740.58 reached target 740.44
META260925C00710000116.3531.80+1,545premium +95% at or above 80%
QQQ260924C0073300044.387.86+1,392premium +80% at or above 80%
AVGO261016C00370000111.057.60-345held past its entry day (intraday-only, entered 2026-09-18)
MSTR261016C0015000019.0021.40+1,240held past its entry day (intraday-only, entered 2026-09-18)
COIN261016C00200000110.2516.95+670held past its entry day (intraday-only, entered 2026-09-18)
SMCI261016C0004200062.931.70-738premium -40% at or below -40%
AMD260925C00550000114.5012.95-155underlying 543.19 broke stop 543.76
AMD260925C00550000117.9514.15-380underlying 544.86 broke stop 544.87
TSLA260925C0038000027.054.15-580premium -40% at or below -40%
GOOGL261016C00350000111.208.40-280underlying 341.89 broke stop 342.35
COIN260918P0016500053.601.98-810premium -45% at or below -40%
COIN260918C0019250035.252.35-870premium -53% at or below -40%
NFLX260925C0008000092.041.18-774premium -41% at or below -40%

Decision log

time (UTC)symbolactiondetailthesis
2026-09-25T16:28:50ZMSFT261016C00520000rejectedMSFT already has 1 open position(s) (cap 1)
2026-09-25T16:27:41ZMSFT261016C00520000rejectedMSFT already has 1 open position(s) (cap 1)
2026-09-25T16:17:07ZMSFT261016C00515000rejectedMSFT already has 1 open position(s) (cap 1)
2026-09-25T16:15:59ZMSFT261016C00520000rejectedMSFT already has 1 open position(s) (cap 1)
2026-09-25T16:14:52ZMSFT261002C00515000rejectedMSFT already has 1 open position(s) (cap 1)
2026-09-25T16:12:43ZMSFT261016C00520000rejectedMSFT already has 1 open position(s) (cap 1)
2026-09-25T16:11:35ZMSFT261002C00515000rejectedMSFT already has 1 open position(s) (cap 1)
2026-09-25T16:10:28ZMSFT261002C00515000rejectedMSFT already has 1 open position(s) (cap 1)
2026-09-25T16:09:22ZMSFT261002C00515000rejectedMSFT already has 1 open position(s) (cap 1)
2026-09-25T16:08:15ZMSFT261016C00520000rejectedMSFT already has 1 open position(s) (cap 1)
2026-09-25T16:07:08ZMSFT261016C00520000rejectedMSFT already has 1 open position(s) (cap 1)
2026-09-25T16:05:58ZMSFT260930C00515000rejectedMSFT already has 1 open position(s) (cap 1)
2026-09-25T16:04:50ZMSFT261016C00520000rejectedMSFT already has 1 open position(s) (cap 1)
2026-09-25T16:03:42ZMSFT261016C00520000rejectedMSFT already has 1 open position(s) (cap 1)
2026-09-25T16:02:33ZMSFT261002C00520000rejectedMSFT already has 1 open position(s) (cap 1)
2026-09-25T16:01:26ZMSFT260928C00515000rejectedMSFT already has 1 open position(s) (cap 1)
2026-09-25T16:00:20ZMSFT260930C00515000rejectedMSFT already has 1 open position(s) (cap 1)
2026-09-25T15:59:12ZMSFT260930C00515000rejectedMSFT already has 1 open position(s) (cap 1)
2026-09-25T15:58:03ZMSFT260930C00515000rejectedMSFT already has 1 open position(s) (cap 1)
2026-09-25T15:56:52ZMSFT260930C00515000rejectedMSFT already has 1 open position(s) (cap 1)
2026-09-25T15:34:50ZMSFT261002C00515000rejectedMSFT already has 1 open position(s) (cap 1)
2026-09-25T15:33:42ZMSFT260930C00515000rejectedMSFT already has 1 open position(s) (cap 1)
2026-09-25T15:32:34ZMSFT261016C00520000rejectedMSFT already has 1 open position(s) (cap 1)
2026-09-25T14:23:29ZMSFT260928C00515000entry6x @ 3.13, delta 0.41Momentum is solid (+1.39 ADR, RVOL 2.55) supporting an intraday continuation play, and this contract offers a near-the-money delta (0.41) with tight 3.2% spread for efficient intraday execution; moderate size given the move is already somewhat extended so I favor the tighter spread/near-term contract over chasing further OTM strikes.
2026-09-25T14:20:18ZMSFT261016C00520000canceledaoa-MSFT261016C00520000-buy-202609251420-r @ 9.83 unfilled, canceled
2026-09-25T14:20:17ZMSFT261016C00520000canceledaoa-MSFT261016C00520000-buy-202609251420 @ 9.77 unfilled, canceled
2026-09-25T14:20:17ZMSFT261016C00520000abandoned2x @ 9.83, delta 0.43Solid momentum (+1.36 ADR, RVOL 2.59) supports a continuation move, and this contract offers the tightest spread (1.6%) with strong liquidity (4911 vol) and a reasonable delta (0.43), balancing cost efficiency and intraday responsiveness better than the tighter-DTE alternatives with wider spreads.
2026-09-25T14:05:37ZMSFT260928C00515000exitpremium -42% at or below -40%
2026-09-25T14:00:08ZMSFT260928C00515000entry4x @ 4.61, delta 0.52Strong momentum (+1.74 ADR, RVOL 2.94) supports a continuation move; the 3DTE ATM contract offers tight spread (5.6%), solid delta (0.52) and lowest premium/theta exposure for an intraday play, minimizing cost while capturing directional gamma.
2026-09-24T19:49:32ZPLTR261002C00192500exitend of day: flat by 15:45 ET (intraday-only)
2026-09-24T19:47:31ZPLTR261002C00192500exit_failedstatus=abandonedend of day: flat by 15:45 ET (intraday-only)
2026-09-24T19:47:31ZPLTR261002C00192500exitend of day: flat by 15:45 ET (intraday-only)
2026-09-24T19:47:31ZPLTR261002C00192500canceledaoa-PLTR261002C00192500-sell-202609241947-r @ 5.37 unfilled, canceled
2026-09-24T19:45:28ZPLTR261002C00192500exit_failedstatus=abandonedend of day: flat by 15:45 ET (intraday-only)
2026-09-24T19:45:28ZPLTR261002C00192500exitend of day: flat by 15:45 ET (intraday-only)
2026-09-24T19:45:28ZPLTR261002C00192500canceledaoa-PLTR261002C00192500-sell-202609241945-r @ 5.37 unfilled, canceled
2026-09-24T19:45:28ZMETA260928C00765000exitend of day: flat by 15:45 ET (intraday-only)
2026-09-24T18:29:09ZPLTR261002C00192500rejectedPLTR already has 1 open position(s) (cap 1)
2026-09-24T18:28:03ZPLTR261002C00195000rejectedPLTR already has 1 open position(s) (cap 1)
2026-09-24T18:26:55ZPLTR261016C00192500rejectedPLTR already has 1 open position(s) (cap 1)
2026-09-24T18:25:49ZPLTRskipconfidence 0.60Momentum is only modest (+0.52 ADR, RVOL 1.74) for an intraday-only trade, and the best liquidity/spread contracts (e.g., 261016C00200000) have low delta (~0.40) requiring a much bigger move to pay off before today's close; risk/reward doesn't justify entry now.
2026-09-24T18:24:43ZPLTR261009C00195000rejectedPLTR already has 1 open position(s) (cap 1)
2026-09-24T18:23:38ZPLTR261002C00192500rejectedPLTR already has 1 open position(s) (cap 1)
2026-09-24T18:22:31ZPLTR261002C00195000rejectedPLTR already has 1 open position(s) (cap 1)
2026-09-24T18:21:26ZPLTR261002C00197500rejectedPLTR already has 1 open position(s) (cap 1)
2026-09-24T18:20:20ZPLTR261016C00195000rejectedPLTR already has 1 open position(s) (cap 1)
2026-09-24T18:19:14ZPLTR261016C00200000rejectedPLTR already has 1 open position(s) (cap 1)
2026-09-24T18:18:08ZPLTR261009C00200000rejectedPLTR already has 1 open position(s) (cap 1)
2026-09-24T18:17:02ZPLTR261002C00195000rejectedPLTR already has 1 open position(s) (cap 1)
2026-09-24T18:15:56ZPLTR261016C00200000rejectedPLTR already has 1 open position(s) (cap 1)
2026-09-24T18:12:44ZPLTR261016C00200000rejectedPLTR already has 1 open position(s) (cap 1)
2026-09-24T18:11:38ZPLTR261009C00195000rejectedPLTR already has 1 open position(s) (cap 1)
2026-09-24T18:10:31ZPLTR261002C00195000rejectedPLTR already has 1 open position(s) (cap 1)
2026-09-24T17:32:53ZMETA260928C00770000rejectedMETA already has 1 open position(s) (cap 1)
2026-09-24T17:31:45ZMETA260928C00770000rejectedMETA already has 1 open position(s) (cap 1)
2026-09-24T17:30:40ZMETA260930C00780000rejectedMETA already has 1 open position(s) (cap 1)
2026-09-24T17:29:33ZMETA260928C00770000rejectedMETA already has 1 open position(s) (cap 1)
2026-09-24T17:20:01ZMETA260928C00770000rejectedMETA already has 1 open position(s) (cap 1)
2026-09-24T17:18:54ZMETA261016C00800000rejectedquantity 0 is not tradeable
2026-09-24T17:17:47ZMETA260928C00780000rejectedMETA already has 1 open position(s) (cap 1)