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.
Buy ATM call + sell ATM put at the same strike. Replicates 100 shares of the underlying equity's exposure without owning the stock.
Sell weekly OTM call against the synthetic position. Collects premium that generates the strategy's yield.
Automated rolling, assignment handling, and risk management. Kill switch and standdown modes protect capital.