info-noise

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.

On SPY and QQQ from 10:00 ET, the first 2-minute close outside the noise area buys an at-the-money 0DTE option in that direction, once a side. It has a 35% stop and is otherwise sold at 15:55. Logged nightly beside P4-GAP as information only; no read is planned.

Signal: from 10:00 to 15:40 ET. The noise area's top is the higher of the open and the previous close, times (1 + σ); its bottom is the lower of the two, times (1 − σ); the open and the previous close are P4-GAP's. σ at a minute is the mean, over the previous 14 sessions, of the absolute percentage move from that session's 09:30 open to the same minute, given at least 10 of them with data there. The first 2-minute close above the top buys a call and the first close below the bottom buys a put, once a side. The second side is taken only if the first trade is already out.
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 price at the decision. Its last trade must be at most 5 minutes old and at least $0.05.
Entry: at the open of the contract's first 1-minute bar from the decision, if it starts within 3 minutes.
Exit: at 15:55, at the open of the contract's 15:55 bar or its last trade before then. No target.
Stop: at 65% of the price paid, a 35% stop. When a 1-minute bar's low reaches it, the option is sold at the lower of the stop and that bar's open.
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	noise-first	—	lab4/forward.py:78	—
structure	X0\|hC\|s35\|none	—	lab4/forward.py:78	—
NOISE_SESSIONS	14	sessions	lab/features.py:30	—
NOISE_MIN	10	sessions with data	lab/features.py:30	—
EXIT_MIN	385	minutes after 09:30 ET	lab4/grid.py:31	—
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

Mon, Oct 12, 2026

Time (ET)	Symbol	Side	Outcome	Contract	Exit	Exit by	Net
10:08	QQQ	put	ENTRY	P746 at 1.26	10:48 ET	stop	−36.8%

Fri, Oct 9, 2026

Time (ET)	Symbol	Side	Outcome	Contract	Exit	Exit by	Net
14:50	SPY	call	ENTRY	C779 at 0.35	15:39 ET	stop	−41.6%

Thu, Oct 8, 2026

Time (ET)	Symbol	Side	Outcome	Contract	Exit	Exit by	Net
12:54	QQQ	put	ENTRY	P749 at 1.78	15:55 ET	time	+19.5%
13:06	SPY	put	ENTRY	P772 at 1.19	13:12 ET	stop	−36.9%

Wed, Oct 7, 2026

Time (ET)	Symbol	Side	Outcome	Contract	Exit	Exit by	Net
10:54	SPY	put	ENTRY	P774 at 1.30	11:10 ET	stop	−36.8%

Tue, Oct 6, 2026

Time (ET)	Symbol	Side	Outcome	Contract	Exit	Exit by	Net
10:00	SPY	call	ENTRY	C780 at 1.11	10:27 ET	stop	−37.1%

Mon, Oct 5, 2026

Time (ET)	Symbol	Side	Outcome	Contract	Exit	Exit by	Net
10:00	QQQ	call	ENTRY	C752 at 1.51	15:55 ET	time	+122.3%
10:10	SPY	call	ENTRY	C772 at 1.00	15:55 ET	time	+112.7%

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