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
$99,364
Realised P&L
+0
Open
3
Closed
0
Win rate
-

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
GOOGL261016C00350000GOOGLcall111.20342.35353.622026-10-16Momentum is only modest (+0.51 ADR, RVOL 1.86) so a longer-dated, near-the-money contract gives the position room to work without over-paying for tight gamma; this strike offers a good balance of delta (0.48), tight-ish spread (5.1%), and strong liquidity (4211 prior volume) versus the tighter but shorter-dated alternatives.
COIN260918C00192500COINcall35.25180.51202.322026-09-18Strong momentum (RVOL 4.82, +0.76 ADR) supports a bullish call entry, and this contract offers the tightest spread (2.6%) with high liquidity (3017 vol) and a reasonable delta (0.42) for a near-the-money 4 DTE play.
NFLX260925C00080000NFLXcall92.0478.5282.692026-09-25Momentum is only moderate (+0.52 ADR, RVOL 2.52) so favor a near-the-money contract with more runway than the 4DTE options; the 11DTE 80-strike has a solid 0.52 delta, tight 2.0% spread, and decent liquidity, balancing responsiveness with time to work versus theta decay risk of the weekly.

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

nothing yet

Decision log

time (UTC)symbolactiondetailthesis
2026-09-14T13:52:13ZNFLX260925C00080000entry9x @ 2.07, delta 0.52Momentum is only moderate (+0.52 ADR, RVOL 2.52) so favor a near-the-money contract with more runway than the 4DTE options; the 11DTE 80-strike has a solid 0.52 delta, tight 2.0% spread, and decent liquidity, balancing responsiveness with time to work versus theta decay risk of the weekly.
2026-09-14T13:50:33ZGOOGL261016C00350000entry1x @ 11.44, delta 0.48Momentum is only modest (+0.51 ADR, RVOL 1.86) so a longer-dated, near-the-money contract gives the position room to work without over-paying for tight gamma; this strike offers a good balance of delta (0.48), tight-ish spread (5.1%), and strong liquidity (4211 prior volume) versus the tighter but shorter-dated alternatives.
2026-09-14T13:50:33ZCOIN260918C00192500entry3x @ 5.39, delta 0.42Strong momentum (RVOL 4.82, +0.76 ADR) supports a bullish call entry, and this contract offers the tightest spread (2.6%) with high liquidity (3017 vol) and a reasonable delta (0.42) for a near-the-money 4 DTE play.