RUT Strangle

Short strangle ~30 DTE: put @10Δ + call @8Δ, PT 50%, adjust @35Δ, stop ~20% of margin (UNDEFINED RISK; entry IV filter is qualitative in source)

Volatility OSP playbook — what to look for & live signal reasoned from code

Profit mechanism. RUT short strangle ~30 DTE: short put @10Δ + short call @8Δ. PT 50% of credit (~14d avg hold); adjust when a short hits ~35Δ (roll untested side, for a credit); hard stop ~20% of margin. ⚠️ UNDEFINED RISK both directions.

Look for:

Deltas within ±0.05 of the 10Δ/8Δ targets
VRP > 0 and term structure in contango (source filter — thresholds ASSUMED, not published)
Margin estimate on each row — size off margin, not credit

Edge / reality: EXTERNAL claim, NOT verified here: ~25%/yr over 3 years and 'yet to experience a loss' — survivorship-prone claim for an undefined-risk structure; treat with maximum skepticism.

Live-signal caveat: Entry IV/RSI thresholds are not published — the scanner surfaces the live VRP read and marks the gate ASSUMED.

reading live VIX term structure…

Scanning RUT Strangle — querying live Alpaca option chain…

scan to load candidates…