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
$96,486
Realised P&L
-3,314
Open
1
Closed
5
Win rate
0%

A fresh paper account, trading since 2026-09-13 on the same strategy and risk gates as the judged competition above. 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
SMCI261016C00042000SMCIcall62.9337.8447.012026-10-16Strong momentum (RVOL 2.57, +1.37 ADR) supports a call entry, but the move is already extended intraday, so the tightest-spread, near-the-money contract with more DTE (29 days) offers better risk buffer against a pullback or IV crush than the 8 DTE strikes, whose lower time cushion adds gamma risk right after a big move.

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
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
2026-09-17T15:06:40ZTSLA260925C00380000exitpremium -40% at or below -40%
2026-09-17T14:55:11ZJPMskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:54:09ZJPMskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:53:06ZJPMskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:51:57ZSMCI261016C00042000entry6x @ 2.95, delta 0.49Strong momentum (RVOL 2.57, +1.37 ADR) supports a call entry, but the move is already extended intraday, so the tightest-spread, near-the-money contract with more DTE (29 days) offers better risk buffer against a pullback or IV crush than the 8 DTE strikes, whose lower time cushion adds gamma risk right after a big move.
2026-09-17T14:48:47ZSMCI260925C00042000canceledaoa-SMCI260925C00042000-buy-202609171448-r @ 1.33 unfilled, canceled
2026-09-17T14:48:46ZSMCI260925C00042000canceledaoa-SMCI260925C00042000-buy-202609171448 @ 1.32 unfilled, canceled
2026-09-17T14:48:46ZSMCI260925C00042000abandoned14x @ 1.33, delta 0.42Strong momentum (RVOL 2.48, +1.3 ADR) supports a call entry, and this contract has the tightest spread (1.5%) and highest prior-day volume among the three, giving best execution quality for a similar delta profile; sizing stays modest given the move has already extended somewhat.
2026-09-17T14:47:44ZRDDTskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:46:41ZRDDTskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:45:38ZRDDTskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:44:35ZRDDTskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:43:33ZRDDTskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:42:30ZRDDTskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:41:27ZRDDTskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:40:24ZRDDTskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:40:24ZJPMskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:39:21ZRDDTskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:38:19ZRDDTskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:38:19ZJPMskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:37:16ZRDDTskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:37:16ZJPMskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:34:07ZRDDTskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:33:04ZRDDTskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:33:04ZJPMskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:32:00ZRDDTskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:32:00ZJPMskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:30:57ZJPMskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:21:34ZJPMskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:20:29ZJPMskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:19:26ZJPMskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:18:23ZJPMskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:17:21ZJPMskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:16:18ZJPMskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:15:15ZJPMskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:14:12ZJPMskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:13:09ZJPMskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:12:06ZRDDTskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:12:06ZJPMskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:10:38ZTSLA260925C00380000entry2x @ 7.19, delta 0.42Momentum is modest (+0.5 ADR, RVOL 1.55) rather than extreme, so favor a slightly OTM contract with tight liquidity/spread (0.1%) and reasonable delta (0.42) for good risk/reward over a short 8-day window rather than chasing deep ATM or overpriced wide-spread contracts.
2026-09-17T14:10:38ZJPMskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:09:35ZJPMskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:08:32ZRDDTskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:08:32ZJPMskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:07:30ZJPMskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:06:27ZJPMskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:05:24ZJPMskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:04:22ZRDDTskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:04:22ZJPMskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:03:19ZJPMskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:02:16ZJPMskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:01:14ZJPMskipconfidence 0.00no viable contracts to choose from
2026-09-17T14:00:11ZJPMskipconfidence 0.00no viable contracts to choose from
2026-09-17T13:59:08ZJPMskipconfidence 0.00no viable contracts to choose from
2026-09-17T13:58:05ZJPMskipconfidence 0.00no viable contracts to choose from
2026-09-17T13:57:02ZRDDTskipconfidence 0.00no viable contracts to choose from
2026-09-17T13:57:02ZJPMskipconfidence 0.00no viable contracts to choose from
2026-09-17T13:55:58ZRDDTskipconfidence 0.00no viable contracts to choose from
2026-09-17T13:55:58ZJPMskipconfidence 0.00no viable contracts to choose from
2026-09-17T13:54:55ZRDDTskipconfidence 0.00no viable contracts to choose from