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 2026-06-01 · 2 trading days · 4 cycles completed
Performance
YTD Return +0.78%
ROCE Annualized —
Win Rate 0.0%
Sharpe Ratio — rf=0%
Risk
Sortino Ratio —
Max Drawdown 0.00%
Volatility —
VaR 95% —
Strategy
Avg Cycle Duration 0.0d
Assignment Rate 0.0%
Tracking Error vs Benchmark nan%
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.