info-gap-K

Paper trading, not investment advice. Every account and book on these pages trades paper money: the Alpaca paper accounts DAILY ($1,000,000 from Sep 30, 2026), INTRA1 ($100,000 from Sep 30, 2026) and INTRA2 ($100,000 from Sep 30, 2026); the simulated books SIM-TT ($100,000 from Sep 29, 2026), SIM-V2B ($100,000 from Sep 28, 2026) and SIM-V2B-TOM ($100,000 from Sep 28, 2026), filled at the official close; and market-analysis's ledgers, one contract per position against a $100,000 reporting equity. No real money is at stake. Positions, trades and P&L are published the same day, as the engines record them, with each number's source and cost model labelled. Nothing here is a recommendation to buy, sell or hold any security, and nothing is tailored to you. Each strategy is a pre-registered experiment, read once on a date or at a trade count fixed in advance; until then its record says little either way. I may hold or have held positions in securities shown here. Markets can and do lose money.

P4-GAP's decisions on the owner's contract rule, $2 out of the money, with protocol 3's premium range of $0.30 to $0.66, sold at 10:06 ET. The premium gate can stop a trade that P4-GAP takes. Logged nightly beside P4-GAP as information only; no read is planned.

Signal: P4-GAP's. At 09:36 ET, a gap of 0.5 daily SDs or more from the previous close, with the price still beyond the open, buys a call on a gap up and a put on a gap down; the gap and the daily SD are measured as P4-GAP measures them.
Sessions: P4-GAP's: SPY and QQQ each need at least 300 regular-hours minutes of bars on the session and on the one before unless that one closed early, so a session that closes early has no trades.
Contract: 0DTE, the $1 strike nearest the 09:36 price moved $2 out of the money: $2 above it for a call, $2 below it for a put. Its last trade must be at most 5 minutes old, with a premium from $0.30 to $0.66; otherwise there is no trade.
Entry: at the open of the contract's first 1-minute bar from 09:36, if it starts within 3 minutes.
Exit: at 10:06, at the open of the contract's 10:06 bar or its last trade before then. No target.
Stop: none.
Costs: bought $0.01 above and sold $0.01 below the bar's price, and $0.65 a contract a side. The log also records each trade at no costs, and at $0.02 a side with the same commission.

Name	Value	Unit	Where it lives	Pinned by
signal	gapgo5	—	lab4/forward.py:75	—
structure	Kf\|h30\|s0\|none	—	lab4/forward.py:75	—
GAP_SD	0.5	daily SDs	lab4/signals.py:22	—
STALE_MIN	5	minutes	lab4/structure.py:30	—
WAIT_MIN	3	minutes	lab4/structure.py:30	—
costs.base.slip	0.01	USD a side	lab4/structure.py:29	—
costs.base.commission	0.65	USD a contract a side	lab4/structure.py:29	—
costs.stress.slip	0.02	USD a side	lab4/structure.py:29	—
MIN_RTH_MINUTES	300	regular-hours minutes	odte/backtest.py:25	—

What is read: —
Read on: —
Trades needed: —
Trades logged: —
Hard stop: —
Shipped on: —
Deployed commit: bc9b659

This rule is logged for information: its record is shown only as rows, never added up.

Record Forward log

Cost model

$0.01 a side and $0.65 a contract a side, on 1-minute OPRA bars; also logged at no costs and at $0.02 a side

Wed, Oct 7, 2026

Time (ET)	Symbol	Side	Outcome	Contract	Exit	Exit by	Net
09:36	SPY	put	ENTRY	P773 at 0.66	10:06 ET	time	+5.6%

Tue, Oct 6, 2026

Time (ET)	Symbol	Side	Outcome	Contract	Exit	Exit by	Net
09:36	SPY	call	ENTRY	C780 at 0.55	10:06 ET	time	+104.9%

The information rules and the forward log (findings tr-odte-option-scalp/DESIGN/31)
The search (findings tr-odte-option-scalp/RESEARCH/60)

What it is

The rule

Its read

Record so far

Signals

Wed, Oct 7, 2026

Tue, Oct 6, 2026

Where the research is