A Derivative Income Strategy

A Proof of Concept: A three leg synthetic covered call on a single underlying equity, replicating a leading option-income ETF's strategy on a retail scale, hosted and deployed on a home server.

Made by Ryan Sancilio. Not financial advice. For educational and entertainment purposes only.

BotMachineState.ACTIVE
Live since 2026-07-30 · 41 trading days · 1 cycles completed
Performance
YTD Return +11.76%
ROCE Annualized 147.8%
Win Rate 0.0%
Sharpe Ratio 3.08 rf=0%
Risk
Sortino Ratio 5.22
Max Drawdown -3.99%
Volatility 21.0%
VaR 95% -1.04%
Strategy
Avg Cycle Duration 0.0d
Assignment Rate 0.0%
Tracking Error vs Benchmark 12.94%
Cash Sweep
Sweep Fund Value $704.58
Shares Held 7.00
Cash Yield YTD -0.02%
Strategy-Only YTD +11.79%
Mark-to-Market YTD $-20.77
Dividends YTD +$0.00
Interest YTD +$0.00
How It Works
1: Synthetic Long

Buy ATM call + sell ATM put at the same strike. Replicates 100 shares of the underlying equity's exposure without owning the stock.

2: Income Leg

Sell weekly OTM call against the synthetic position. Collects premium that generates the strategy's yield.

3: Roll & Manage

Automated rolling, assignment handling, and risk management. Kill switch and standdown modes protect capital.