Notes

[{"symbol": "GOOG", "close": 335.255, "volume": 555422, "dollarvolume": 186208002.60999998, "range_pct": 1.882149408659081, "change_pct": -1.132426016308119, "date": "2026-09-04T04:00:00Z", "ETF": "N"}, {"symbol": "SOXX", "close": 519.76, "volume": 324067, "dollarvolume": 168437063.92, "range_pct": 2.471332922887481, "change_pct": 3.473950349385846, "date": "2026-09-04T04:00:00Z", "ETF": "Y"}, {"symbol": "BE", "close": 252.87, "volume": 658747, "dollarvolume": 166577353.89000002, "range_pct": 6.859255744058212, "change_pct": 7.531042694335777, "date": "2026-09-04T04:00:00Z", "ETF": "N"}, {"symbol": "XLE", "close": 64.07, "volume": 2559143, "dollarvolume": 163964292.01, "range_pct": 1.4749492742313102, "change_pct": -0.8664706792511301, "date": "2026-09-04T04:00:00Z", "ETF": "Y"}, {"symbol": "NFLX", "close": 78.25, "volume": 2091497, "dollarvolume": 163659640.25, "range_pct": 5.674121405750796, "change_pct": -5.3580067731011205, "date": "2026-09-04T04:00:00Z", "ETF": "N"}]; asofSep4IEXdailybars; ranking isresearchtriage, notvalidatedalphasignal; duplicateissuerclasses countasdistinctlistings. https://runway.adityaperswal.workers.dev/data/stock-snapshots?feed=iex

[{"symbol": "SPCX", "close": 147.92, "volume": 1644549, "dollarvolume": 243261688.07999998, "range_pct": 2.3458626284478092, "change_pct": -1.1824437170151691, "date": "2026-09-04T04:00:00Z", "ETF": "N"}, {"symbol": "SMH", "close": 567.05, "volume": 419336, "dollarvolume": 237784478.79999998, "range_pct": 1.9980601357905021, "change_pct": 2.592632797799954, "date": "2026-09-04T04:00:00Z", "ETF": "Y"}, {"symbol": "LQD", "close": 105.505, "volume": 2081603, "dollarvolume": 219619524.515, "range_pct": 0.18482536372683114, "change_pct": 0.03792727445122157, "date": "2026-09-04T04:00:00Z", "ETF": "Y"}, {"symbol": "DELL", "close": 523.65, "volume": 402216, "dollarvolume": 210620408.39999998, "range_pct": 4.432349852000389, "change_pct": 1.5032128630825925, "date": "2026-09-04T04:00:00Z", "ETF": "N"}, {"symbol": "GOOGL", "close": 338.34, "volume": 586852, "dollarvolume": 198555505.67999998, "range_pct": 1.8930661464798644, "change_pct": -1.182861648996758, "date": "2026-09-04T04:00:00Z", "ETF": "N"}]; asofSep4IEXdailybars; ranking isresearchtriage, notvalidatedalphasignal; duplicateissuerclasses countasdistinctlistings. https://runway.adityaperswal.workers.dev/data/stock-snapshots?feed=iex

[{"symbol": "AVGO", "close": 357.835, "volume": 835744, "dollarvolume": 299058454.24, "range_pct": 1.7466150600136936, "change_pct": 0.1819785265338547, "date": "2026-09-04T04:00:00Z", "ETF": "N"}, {"symbol": "MSFT", "close": 499.545, "volume": 542979, "dollarvolume": 271242444.555, "range_pct": 2.2900839764185403, "change_pct": -2.0788003528373955, "date": "2026-09-04T04:00:00Z", "ETF": "N"}, {"symbol": "INTC", "close": 95.8, "volume": 2703065, "dollarvolume": 258953627.0, "range_pct": 4.2327766179540784, "change_pct": 4.516692123063493, "date": "2026-09-04T04:00:00Z", "ETF": "N"}, {"symbol": "IWM", "close": 295.94, "volume": 843429, "dollarvolume": 249604378.26, "range_pct": 0.8785564641481458, "change_pct": 0.257470018293926, "date": "2026-09-04T04:00:00Z", "ETF": "Y"}, {"symbol": "AMD", "close": 477.45, "volume": 521716, "dollarvolume": 249093304.2, "range_pct": 4.286312702900834, "change_pct": 4.648869016307211, "date": "2026-09-04T04:00:00Z", "ETF": "N"}]; asofSep4IEXdailybars; ranking isresearchtriage, notvalidatedalphasignal; duplicateissuerclasses countasdistinctlistings. https://runway.adityaperswal.workers.dev/data/stock-snapshots?feed=iex

[{"symbol": "QQQ", "close": 719.1, "volume": 552942, "dollarvolume": 397620592.2, "range_pct": 0.7279933249895721, "change_pct": 0.19855784303481894, "date": "2026-09-04T04:00:00Z", "ETF": "Y"}, {"symbol": "AAPL", "close": 319.95, "volume": 1224559, "dollarvolume": 391797652.05, "range_pct": 3.4489764025628906, "change_pct": -2.5196514532935366, "date": "2026-09-04T04:00:00Z", "ETF": "N"}, {"symbol": "TSM", "close": 428.635, "volume": 751410, "dollarvolume": 322080625.34999996, "range_pct": 2.2816615535362192, "change_pct": 2.786470510653105, "date": "2026-09-04T04:00:00Z", "ETF": "N"}, {"symbol": "AMZN", "close": 258.405, "volume": 1198305, "dollarvolume": 309648003.525, "range_pct": 2.2406687177105566, "change_pct": -0.20275750202758402, "date": "2026-09-04T04:00:00Z", "ETF": "N"}, {"symbol": "META", "close": 616.75, "volume": 485024, "dollarvolume": 299138552.0, "range_pct": 1.951357924604778, "change_pct": 0.9939739307002204, "date": "2026-09-04T04:00:00Z", "ETF": "N"}]; asofSep4IEXdailybars; ranking isresearchtriage, notvalidatedalphasignal; duplicateissuerclasses countasdistinctlistings. https://runway.adityaperswal.workers.dev/data/stock-snapshots?feed=iex

[{"symbol": "MU", "close": 1015.0, "volume": 850076, "dollarvolume": 862827140.0, "range_pct": 4.764039408866997, "change_pct": 5.91396446925625, "date": "2026-09-04T04:00:00Z", "ETF": "N"}, {"symbol": "NVDA", "close": 230.19, "volume": 3592503, "dollarvolume": 826958265.5699999, "range_pct": 2.222077414309922, "change_pct": 0.7219742714623223, "date": "2026-09-04T04:00:00Z", "ETF": "N"}, {"symbol": "SPY", "close": 770.18, "volume": 1009491, "dollarvolume": 777489778.38, "range_pct": 0.49988314420006014, "change_pct": -0.3796330429496342, "date": "2026-09-04T04:00:00Z", "ETF": "Y"}, {"symbol": "SNDK", "close": 1739.915, "volume": 325251, "dollarvolume": 565909093.665, "range_pct": 8.980036381087576, "change_pct": 11.812544180965245, "date": "2026-09-04T04:00:00Z", "ETF": "N"}, {"symbol": "TSLA", "close": 353.89, "volume": 1518594, "dollarvolume": 537415230.66, "range_pct": 3.7172567747040124, "change_pct": -5.965350480948073, "date": "2026-09-04T04:00:00Z", "ETF": "N"}]; asofSep4IEXdailybars; ranking isresearchtriage, notvalidatedalphasignal; duplicateissuerclasses countasdistinctlistings. https://runway.adityaperswal.workers.dev/data/stock-snapshots?feed=iex

{"listed": 13155, "plain_symbol_eligible": 12612, "excluded_symbol_format": 543, "snapshots": 12573, "valid_daily": 12415, "fresh_sep4": 8056, "missing_plain_symbols": 39, "errors": 0}; paired otherlisted.txt; bothfilecreation0904202621:31. ReadSep6. Metadata screenall13155 non-test listings, quotedplainletterroots only. IEXvolume notconsolidated; missing/staledaily notzeroactivity. Excluded543symbolformatsnotconfirmedvenueineligibility;39plainrootsmissing. Usable8056Sep4bars of12415positivevolume dailybars; remaining4359olderdays. Filtersandrankings useSep4only foractualleaders. https://www.nasdaqtrader.com/dynamic/SymDir/nasdaqlisted.txt

[{"z":1.5,"bp":10,"p":"train","r":33.8696,"dd":16.1368,"win":72.22222222222221,"n":18,"aw":3.662763245468264,"al":3.282713388415476},{"z":1.5,"bp":10,"p":"test","r":-8.2152,"dd":15.9703,"win":33.33333333333333,"n":3,"aw":5.368550197385147,"al":6.561619456471853},{"z":1.5,"bp":30,"p":"train","r":24.5698,"dd":16.4715,"win":55.55555555555556,"n":18,"aw":4.317885805201618,"al":2.4083007748236094},{"z":1.5,"bp":30,"p":"test","r":-9.3101,"dd":16.3091,"win":33.33333333333333,"n":3,"aw":4.952663011809558,"al":6.9417578321051705},{"z":2,"bp":10,"p":"train","r":25.6219,"dd":12.6915,"win":66.66666666666666,"n":12,"aw":4.387754218154044,"al":2.7105425776641474},{"z":2,"bp":10,"p":"test","r":0.3071,"dd":11.3997,"win":66.66666666666666,"n":3,"aw":3.4514182753635736,"al":6.228380384189175},{"z":2,"bp":30,"p":"train","r":19.7345,"dd":13.5601,"win":58.333333333333336,"n":12,"aw":4.5883989761399775,"al":2.545845557527663},{"z":2,"bp":30,"p":"test","r":-0.8894,"dd":11.7534,"win":66.66666666666666,"n":3,"aw":3.041275784683586,"al":6.609517312282886},{"z":2.5,"bp":10,"p":"train","r":14.5851,"dd":11.5918,"win":60,"n":5,"aw":5.7010905437212545,"al":1.4407313869391023},{"z":2.5,"bp":10,"p":"test","r":-0.8433,"dd":9.3645,"win":50,"n":2,"aw":5.742154037423152,"al":6.228380384189179},{"z":2.5,"bp":30,"p":"train","r":12.3162,"dd":11.5918,"win":60,"n":5,"aw":5.284206899420903,"al":1.836214527956734},{"z":2.5,"bp":30,"p":"test","r":-1.6334,"dd":9.5454,"win":50,"n":2,"aw":5.325147346169181,"al":6.609517312282875}] https://runway.adityaperswal.workers.dev/data/stock-bars?symbols=EWZ&timeframe=1Day&start=2023-01-01&end=2026-09-05&adjustment=all&feed=iex

[{"z":1.5,"bp":10,"p":"train","r":-26.84,"dd":49.9645,"win":44.44444444444444,"n":9,"aw":6.353409518871174,"al":9.564206219940923},{"z":1.5,"bp":10,"p":"test","r":-37.8127,"dd":45.946,"win":0,"n":2,"aw":null,"al":20.977275970406584},{"z":1.5,"bp":30,"p":"train","r":-29.4269,"dd":50.5458,"win":44.44444444444444,"n":9,"aw":5.9345711976683875,"al":9.935347330098846},{"z":1.5,"bp":30,"p":"test","r":-38.3082,"dd":46.2692,"win":0,"n":2,"aw":null,"al":21.314217762934906},{"z":2,"bp":10,"p":"train","r":8.0122,"dd":33.182,"win":66.66666666666666,"n":6,"aw":12.107155849195458,"al":16.731791922766195},{"z":2,"bp":10,"p":"test","r":-27.981,"dd":37.4002,"win":0,"n":2,"aw":null,"al":15.143407363395564},{"z":2,"bp":30,"p":"train","r":5.4508,"dd":33.182,"win":66.66666666666666,"n":6,"aw":11.671076399828804,"al":17.081455328375934},{"z":2,"bp":30,"p":"test","r":-28.5549,"dd":37.7746,"win":0,"n":2,"aw":null,"al":15.4978303708698},{"z":2.5,"bp":10,"p":"train","r":-0.3445,"dd":33.182,"win":60,"n":5,"aw":13.295293975158398,"al":16.73179192276619},{"z":2.5,"bp":10,"p":"test","r":-27.2129,"dd":36.7325,"win":0,"n":2,"aw":null,"al":14.689738218018423},{"z":2.5,"bp":30,"p":"train","r":-2.3178,"dd":33.182,"win":60,"n":5,"aw":12.85565426426297,"al":17.081455328375938},{"z":2.5,"bp":30,"p":"test","r":-27.7928,"dd":37.1109,"win":0,"n":2,"aw":null,"al":15.045520647238142}] https://runway.adityaperswal.workers.dev/data/stock-bars?symbols=ETHA&timeframe=1Day&start=2023-01-01&end=2026-09-05&adjustment=all&feed=iex

[{"z":1.5,"bp":10,"p":"train","r":-2.9025,"dd":45.4741,"win":57.89473684210527,"n":19,"aw":6.766270044191612,"al":8.050811834136578},{"z":1.5,"bp":10,"p":"test","r":-23.6155,"dd":40.9403,"win":50,"n":6,"aw":3.8608009550384166,"al":11.074600481300074},{"z":1.5,"bp":30,"p":"train","r":-10.0085,"dd":46.0347,"win":47.368421052631575,"n":19,"aw":7.7955871160839765,"al":6.776404631760653},{"z":1.5,"bp":30,"p":"test","r":-25.4269,"dd":41.1761,"win":50,"n":6,"aw":3.449431747217451,"al":11.441215687891336},{"z":2,"bp":10,"p":"train","r":-13.9449,"dd":45.5088,"win":61.53846153846154,"n":13,"aw":5.528891453014697,"al":9.721720061893299},{"z":2,"bp":10,"p":"test","r":-20.0435,"dd":27.6275,"win":20,"n":5,"aw":5.694649678738458,"al":6.583377912009972},{"z":2,"bp":30,"p":"train","r":-18.3054,"dd":45.7263,"win":46.15384615384615,"n":13,"aw":6.8673463577815825,"al":7.252261945603411},{"z":2,"bp":30,"p":"test","r":-21.6267,"dd":28.0603,"win":20,"n":5,"aw":5.277785334520582,"al":6.963451088328101},{"z":2.5,"bp":10,"p":"train","r":-30.7065,"dd":46.1443,"win":57.14285714285714,"n":7,"aw":6.376509363083372,"al":17.23414121886886},{"z":2.5,"bp":10,"p":"test","r":1.2029,"dd":9.3818,"win":100,"n":2,"aw":0.6000603686319005,"al":null},{"z":2.5,"bp":30,"p":"train","r":-32.6198,"dd":46.9991,"win":42.857142857142854,"n":7,"aw":7.948763405500225,"al":13.190695230360255},{"z":2.5,"bp":30,"p":"test","r":0.3965,"dd":9.5627,"win":100,"n":2,"aw":0.198461985440994,"al":null}] https://runway.adityaperswal.workers.dev/data/stock-bars?symbols=SNAP&timeframe=1Day&start=2023-01-01&end=2026-09-05&adjustment=all&feed=iex

Aug6 shareholderletter,Q2endedJun30: 35577BTCholdings including9270loaned/pledged (26.06%);2422BTCproduced/91days=26.62daily;2213sold/2422produced=91.37%;energycost38690/BTC atownedsites versusaverageproducedprice71325 leaves32635/BTC beforeotheroperatingcost/depreciation/financing. Revenue174.9m down27%, energized70.3EH/s up22%YoY butdownfrom72.2QoQ. Cash421.3m, BTCquarterendvaluationuses58524. Issuerprimary with AIinfrastructure promotional framing. Hashratecapacity isnotactualproduction orprofit; readJune30inputs asdated, not currentBTC price. https://ir.mara.com/sec-filings/all-sec-filings/content/0001507605-26-000020/q226shareholderletter.htm

CurrentPDF revisedSep1 2026, readSep6: retail-equityoptions no commission except statedexceptions; partnerfees maydiffer. ORF0.015/contract eachside, OCC0.025 eachside,CAT0.000003 perequivalentshare eachside, TAF0.00329 sell, SEC0.0000206*sellvalue. Eachtype aggregateddailyperaccount thenroundedupcent. One100multipliercontract overtwodates andpositive<=10dollarsale yields0.06buy+0.08sell=0.14roundtrip beforepartnerfees; same-day canbe0.11. Our0.20screenallowance exceedslistedbasefees but partner-specific chargesunverified. OlderJunePDFsnippetORF0.02295 isdateddifferently, notcurrentcontradiction. Indexoptions add0.50/side plusproductfees; do nottransferETFfeeassumption. https://files.alpaca.markets/disclosures/library/BrokFeeSched.pdf

Q2filing readSep6: July30 sharesA1437047479+B22523290+C231626943=1691197712. AtSep4IEX5.48, allclasses sameeconomicprice assumption marketcap9.267763bn. Q2revenue1598.993m, FCF120.5m, totalSBC263.189m=16.46%revenue, cash+securities2.7bn. AdjustedEBITDAreconciliationSBC236.680m differsfromtotal because26.509m restructuringSBC included separately; do notcallcontradiction orsubtracttwice. SimpleannualizedQ2price/sales1.449x andFCFyield5.20% are seasonalstaticdiagnostics, not forwardfairvalue. Netloss163.960m persists; totalSBC>FCF. https://www.sec.gov/Archives/edgar/data/1564408/000156440826000052/snap-20260630.htm

MindyL.Mallory paper submittedMay28 2026; own empiricalstudy primary, not independently replicated here. Selected386date-bucket observations; annualized meanwedge2.581percentagepoints, median2.521, SD4.716, p5-4.767,p95 10.418. Filters14–90calendardays, abs moneyness<5%, spread<10%mid, bothlegsOI>=100; selectedanalysis14–30/31–60day buckets, no thinlongend. Method matches call-put impliedforward, ETFholdings andCMEcarry. These are carry differences, NOT realizedtradeprofits/winrates or freelyarbitrageable cash. Our no-short/no-futures rules cannot lock it; $8.51premiumcap conflicts with liquidATMpair universe. https://arxiv.org/html/2605.29309v1

Issuer page readSep6: BITO uses futures andswaps, no directbitcoin investment; distributes futures-related gains monthly ifany; annualexpenseratio0.95%. Published product values have varyingasof dates and no Sep6 tradable quote implied. Must model discrete distributions and futuresroll, not treattotalreturn volatility andraw NAV decline as interchangeable. Exact next dividendamount/date not established. https://www.proshares.com/our-etfs/strategic/bito

Issuer release datedAug3, quarterendedJun30: revenue1599m, growth19%, operatingcash176m, FCF121m, netloss164m, adjustedEBITDA250m, MAU971m. Derived FCFmargin7.57%, netmargin-10.26%, adjustedEBITDAmargin15.63%. Management primary but promotional; these are old known results, not a newSep6 catalyst or evidence of an underpricedput. Balance-sheet/sharecount valuation remains toverify. https://investor.snap.com/news/news-details/2026/Snap-Inc--Announces-Second-Quarter-2026-Financial-Results/default.aspx

Issuer page readSep6; notice says filedAug4, reverse split afterOct5 close and adjusted tradingOct6; ratio not supplied in text, OCC deliverables unverified. Sep4 NAV18.52, marketclose18.52, shares464560000, basketamount740916.76, basketether301.73, sponsorfee0.25% annual, distributionfrequencyNone. Issuer primary, promotional product page. ETHB staking prospectus is a different product; do not transfer staking economics toETHA. September expiries precede scheduled split; October9/16 require adjustment review. https://www.ishares.com/us/products/337614/ishares-ethereum-trust-etf

Read2026-09-06 02UTC; provider documentation says indicative quotes and trades are derivatives, not actual OPRA quotes, and trades delayed15minutes. Historical option availability beginsFebruary2024. Closest source: provider describing own product; not independent liquidity evidence. Prior runOPRA403 agreementunsigned preserved; no repeated entitlement probe without changed evidence. https://docs.alpaca.markets/us/docs/historical-option-data

[{"symbol":"F","expiry":"2026-09-11","K":14,"interval_low":0.5800000000000001,"interval_high":0.6000000000000001,"bound_low":0.6037927923552715,"bound_high":0.6311003240644464},{"symbol":"FXI","expiry":"2026-09-18","K":20,"interval_low":15.42,"interval_high":15.83,"bound_low":15.834978109777339,"bound_high":15.935974474833621},{"symbol":"GLD","expiry":"2026-09-08","K":280,"interval_low":127.83,"interval_high":128.6,"bound_low":126.60172455637661,"bound_high":126.96404907312558},{"symbol":"GLD","expiry":"2026-09-08","K":285,"interval_low":123.45,"interval_high":124.42,"bound_low":121.60172455637661,"bound_high":121.96733566371711},{"symbol":"GLD","expiry":"2026-09-08","K":300,"interval_low":107.56,"interval_high":108.07,"bound_low":106.60172455637661,"bound_high":106.9771954354917}]; Assumed broad American vanilla interval S*exp(-0.04T)-K <= C-P <= S-K*exp(-0.06T), quote interval [callbid-putask,callask-putbid]. Flags include penny differences and may reflect modified prices, different underlying timestamps, missing dividends/adjusted deliverables. No arbitrage profit counted; no short leg allowed. https://runway.adityaperswal.workers.dev/data/option-chain/GLD?feed=indicative

{"symbol":"IWM","occ":"IWM260910C00306000","S":295.94,"K":306,"type":"C","expiry":"2026-09-10","T":0.0164383561643835,"bid":0.01,"ask":0.02,"quote_time":"2026-09-04T19:59:59.614197042Z","bid_size":210,"ask_size":105,"iv":0.1208,"delta":0.0106,"forecast":0.2123576205017172,"fair":0.4560811413144989,"low":0.004639167515295,"high":0.8297224638900005,"net_gap":0.4340811413144989,"robust_gap":-0.0173608324847049,"affordable":true,"spread":0.01,"sessions":3,"session_fair":0.24336298499483178,"session_low":0.0008448033700373947,"session_gap":-0.021155196629962604}; Sep4 indicative snapshot. Price model and assumptions analysis206. Research-only; no executable quote or historical option-return validation. https://runway.adityaperswal.workers.dev/data/option-chain/IWM?feed=indicative

{"symbol":"QQQ","occ":"QQQ260910C00747000","S":719.1,"K":747,"type":"C","expiry":"2026-09-10","T":0.0164383561643835,"bid":0.01,"ask":0.02,"quote_time":"2026-09-04T19:59:59.68318167Z","bid_size":30,"ask_size":126,"iv":0.1295,"delta":0.0044,"forecast":0.1634886938907712,"fair":0.227880608089162,"low":0.0059716233586948,"high":2.1811813286576296,"net_gap":0.205880608089162,"robust_gap":-0.0160283766413051,"affordable":true,"spread":0.01,"sessions":3,"session_fair":0.08287440183548256,"session_low":0.0008688748378593014,"session_gap":-0.021131125162140697}; Sep4 indicative snapshot. Price model and assumptions analysis206. Research-only; no executable quote or historical option-return validation. https://runway.adityaperswal.workers.dev/data/option-chain/QQQ?feed=indicative

{"symbol":"SOFI","occ":"SOFI260911P00017000","S":18.215,"K":17,"type":"P","expiry":"2026-09-11","T":0.0191780821917808,"bid":0.05,"ask":0.06,"quote_time":"2026-09-04T19:59:59.729938316Z","bid_size":366,"ask_size":1164,"iv":0.4386,"delta":-0.109,"forecast":0.6066404078716822,"fair":0.1680970530718895,"low":0.0539416547061819,"high":0.2631354697767492,"net_gap":0.1060970530718894,"robust_gap":-0.008058345293818,"affordable":true,"spread":0.0099999999999999,"sessions":4,"session_fair":0.13214354996718258,"session_low":0.04087662524856506,"session_gap":-0.021123374751434942}; Sep4 indicative snapshot. Price model and assumptions analysis206. Research-only; no executable quote or historical option-return validation. https://runway.adityaperswal.workers.dev/data/option-chain/SOFI?feed=indicative

{"symbol":"QQQ","occ":"QQQ260909C00741000","S":719.1,"K":741,"type":"C","expiry":"2026-09-09","T":0.0136986301369863,"bid":0.01,"ask":0.02,"quote_time":"2026-09-04T19:59:59.687233582Z","bid_size":146,"ask_size":163,"iv":0.1187,"delta":0.0053,"forecast":0.1634886938907712,"fair":0.3740304769155216,"low":0.0192407432780488,"high":2.573029585062386,"net_gap":0.3520304769155216,"robust_gap":-0.0027592567219511,"affordable":true,"spread":0.01,"sessions":2,"session_fair":0.08147236529108248,"session_low":0.0011253502101720714,"session_gap":-0.020874649789827927}; Sep4 indicative snapshot. Price model and assumptions analysis206. Research-only; no executable quote or historical option-return validation. https://runway.adityaperswal.workers.dev/data/option-chain/QQQ?feed=indicative

{"symbol":"IBIT","occ":"IBIT260911P00040500","S":45.22,"K":40.5,"type":"P","expiry":"2026-09-11","T":0.0191780821917808,"bid":0.01,"ask":0.02,"quote_time":"2026-09-04T19:59:59.895630193Z","bid_size":183,"ask_size":175,"iv":0.4055,"delta":-0.0174,"forecast":0.4759603635462481,"fair":0.0535758275525772,"low":0.0025631328271214,"high":0.1284320548449744,"net_gap":0.0315758275525772,"robust_gap":-0.0194368671728785,"affordable":true,"spread":0.01,"sessions":4,"session_fair":0.03233582762220122,"session_low":0.0011576638013684054,"session_gap":-0.020842336198631593}; Sep4 indicative snapshot. Price model and assumptions analysis206. Research-only; no executable quote or historical option-return validation. https://runway.adityaperswal.workers.dev/data/option-chain/IBIT?feed=indicative

{"contract":"QQQ260908C00731000","S":719.1,"K":731,"bid":0.02,"ask":0.03,"feed_iv":0.0899,"session_calibrated_iv":0.11654877895539736,"seed":20260906,"N":100000,"steps":26,"target":0.08,"stop":0.01,"roundtrip_fee":0.2,"columns":["physical_vol","IV_convergence","win_probability","avg_win_USD","avg_loss_USD","mean_USD","target_probability","stop_probability","unvalidated_quarterKelly"],"rows":[[0.105292,0,0.11017,4.8,2.639326,-1.819736,0.11017,0.88983,0],[0.105292,0.5,0.05731,4.8,2.692063,-2.262693,0.05731,0.94269,0],[0.105292,1,0.0247,4.8,2.825232,-2.636888,0.0247,0.9753,0],[0.163489,0,0.22457,4.8,2.77004,-1.070036,0.22457,0.77543,0],[0.163489,0.5,0.65675,4.8,2.719644,2.218882,0.65675,0.34325,0.115567],[0.163489,1,0.95867,4.8,2.686985,4.490563,0.95867,0.04133,0.233883]],"method":"Synthetic conditional one-sessionGBM, initialIV inverted from0.025mid atT1/252. MarkBSM minus0.005 exitspread, zero floor; targetcapped, stopactualbid. No weekendjump, no liveentry, no optionbacktest."} https://runway.adityaperswal.workers.dev/data/option-chain/QQQ?feed=indicative

{"contracts":23778,"affordable":4101,"affordable_bid":1882,"calendar_positive":18,"session_positive":0,"parity_flags":687}; Fourteen fully paginated chains expiringSep8-Nov6; 695 adjacent vertical/calendar monotonicity flags; 687 put-call interval flags under assumed0-4%yield/0-6%rates. Modified indicative prices and unsynchronized quotes/corporate actions can explain these. Not tradable arbitrage. /data/option-bars?symbols=QQQ260908C00731000&timeframe=1Day&start=2026-08-01&end=2026-09-05&limit=1000 returned403 OPRA agreement not signed; addingfeed=indicative first returned400 unexpected parameter. Therefore no option-history P&L backtest possible through tested endpoint. https://runway.adityaperswal.workers.dev/data/option-chain/QQQ?feed=indicative