Bilal Khan
SPY put credit spread bot - sister to
Jeff Stubs - auto-refreshes every 5 min
Paper trading only. n is tiny. This is NOT validated performance and proves nothing about edge yet.
GREEN d1 off
+0.12%
$5,005.96 from $5,000 baseline
| completed trades: 0
| account: PA37E0WG08IG
Latest signal
[d1 OFF] Wed trading day, VIX 16.6 (calm), 5d chg -5.0% — enter
weekday=Wed | VIX=16.57 | 5d_chg=-0.0499 | should_enter=True | 2026-05-27T18:37:47
Recent trades
| Time (UTC) | Trade | PnL | Status |
|---|
| 2026-05-27T16:11:57 | entry 1 x SPY260529P00738000 | +$0.26 credit / -$474.0 max | filled |
Strategy
UnderlyingSPY (Alpaca paper)
StructurePut credit spread, 2 DTE
ScheduleMon / Wed / Fri at market open
Short legAbout 10 delta
Long leg5 points below short (defined risk)
VIX filter (d1)Disabled at MVP. Re-enables at $15k equity or after 20%+ drawdown.
ExitHold to expiry. No active management.
Sizing1 spread per trade at the $5k tier
Backtest reference (33-year)
| Window | Sharpe | CAGR | Max DD |
|---|
| Full 1993-2026 (raw b07) | 1.79 | 9.5% | -15.9% |
| OOS 2016-2026 | 2.12 | 19.8% | -15.9% |
| With d1 filter on | 1.65 | 6.7% | -14.7% |
| COVID 2020 (d1 on) | n/a | 0% | 0% |
Live realization expected at Sharpe 1.0-1.5 due to BSM-with-VIX backtest optimism.
Generated 2026-05-27T20:53:54.203098+00:00 UTC. Read-only. No login.
Data from committed bot logs, not a live broker call.