The 24/7 daemon books these on Bybit demo (1% risk by the stop), mirrors each provider's trim/BE/close calls, and follows klopyzx's TPs from price. Realized R = Bybit closed-pnl ÷ risk. This is the live forward record.
Today's condors · open
ticker
short strikes
credit
R
expiry
ETH
2420.0P / 2600.0C
$2.76
0.16
2026-08-29
Recent settled
ticker
result
settled
BTC
LOSS
-0.33R
2026-08-25
BTC
WIN
+0.22R
2026-07-30
ETH
WIN
+0.17R
2026-06-23
ETH
LOSS
-1.00R
2026-06-19
Risk
-20R
best-case drawdown floor ≈ -20% at 1%/trade sizing
Rule: ≤1% risk per trade. A real crash makes this worse than anything in the backtest. Size for survival, not the upside.
Buy & hold over this window — the bar to beat. The condor is market-neutral: it beats the deep-negative crypto holds outright, and aims to beat the stock holds risk-adjusted (far less drawdown). The live record proves it.
Backtest reference (not a promise)
+743R over 12 months · 86.8% win · max DD -20R (reference only)
⚠ This is a backtest, not a promise. Perfect fills, no slippage, ONE market regime, and the assumption nearly every ticker trades daily at a fat credit. Real vol funds make ~15–30%/year, not per month. Trust the drawdown and the live record above — not this upside.
Cumulative equity (R) — the frictionless artifact
Underwater / drawdown (R) — the part to respect
R by month — note: never a losing month (reality has them)
generated 2026-08-29 · paper-trading on real Deribit/CBOE quotes · no live capital