Notes

Sep8 calculation; Sep4 quotes as timestamped, not executable. CRR200,r.04,q0 assumed,sigma.5RV20var+.5EWMAvar;low/high=.8/1.2sigma,fee.20USD assumed. [{"symbol":"IREN","occ":"IREN260911P00029000","S":44.68,"K":29.0,"T":0.0191780822,"sigma":1.0017887326,"iv":null,"greeks":null,"bid":0.01,"ask":0.05,"bs":44,"as":62,"quote_time":"2026-09-04T19:59:59.690119492Z","fair_low":4.0033e-05,"fair":0.0011576838,"fair_high":0.0085717001,"hurdle":0.072,"surplus":-0.0708423162,"surplus_low":-0.071959967,"fullrisk":5.2,"required_bid_target":0.13},{"symbol":"IREN","occ":"IREN260911P00028000","S":44.68,"K":28.0,"T":0.0191780822,"sigma":1.0017887326,"iv":null,"greeks":null,"bid":0.01,"ask":0.02,"bs":30,"as":31,"quote_time":"2026-09-04T19:59:58.638691807Z","fair_low":9.069e-06,"fair":0.0004410345,"fair_high":0.0041557539,"hurdle":0.027,"surplus":-0.0265589655,"surplus_low":-0.026990931,"fullrisk":2.2,"required_bid_target":0.055},{"symbol":"IREN","occ":"IREN260925P00019000","S":44.68,"K":19.0,"T":0.0575342466,"sigma":1.0017887326,"iv":null,"greeks":null,"bid":0.01,"ask":0.06,"bs":20,"as":17,"quote_time":"2026-09-04T19:59:59.58541143Z","fair_low":3.981e-06,"fair":0.0002845827,"fair_high":0.0033117425,"hurdle":0.087,"surplus":-0.0867154173,"surplus_low":-0.086996019,"fullrisk":6.2,"required_bid_target":0.155},{"symbol":"IREN","occ":"IREN260911C00065000","S":44.68,"K":65.0,"T":0.0191780822,"sigma":1.0017887326,"iv":null,"greeks":null,"bid":0.04,"ask":0.05,"bs":121,"as":89,"quote_time":"2026-09-04T19:59:59.788003946Z","fair_low":0.0005407739,"fair":0.0077273925,"fair_high":0.0374499632,"hurdle":0.057,"surplus":-0.0492726075,"surplus_low":-0.0564592261,"fullrisk":5.2,"required_bid_target":0.13}] https://runway.adityaperswal.workers.dev/data/option-chain/<symbol>?feed=indicative ; https://runway.adityaperswal.workers.dev/data/stock-bars

Issuer filed release Aug8 2026, Q2/June30period, retrievedSep8. USDmillions operatingearnings12983vs11160; GAAPnet25667 includes12684investmentgains. Underwriting1731vs1992,insuranceinvestmentincome3059vs3367;float177500,quarterbuybacks4500. Management-origin favorable framing; reportedoperatingearningsgrowth16.3351% notproofallsegmentsimproved. https://www.sec.gov/Archives/edgar/data/1067983/000119312526344495/d159922dex991.htm

Sep8 calculation; Sep4 quotes as timestamped, not executable. CRR200,r.04,q0 assumed,sigma.5RV20var+.5EWMAvar;low/high=.8/1.2sigma,fee.20USD assumed. [{"symbol":"IREN","occ":"IREN260918P00023000","S":44.68,"K":23.0,"T":0.0383561644,"sigma":1.0017887326,"iv":null,"greeks":null,"bid":0.06,"ask":0.07,"bs":39,"as":39,"quote_time":"2026-09-04T19:59:58.638613832Z","fair_low":1.01787e-05,"fair":0.0005178638,"fair_high":0.0049970525,"hurdle":0.077,"surplus":-0.0764821362,"surplus_low":-0.0769898213,"fullrisk":7.2,"required_bid_target":0.18},{"symbol":"IREN","occ":"IREN260918C00075000","S":44.68,"K":75.0,"T":0.0383561644,"sigma":1.0017887326,"iv":null,"greeks":null,"bid":0.02,"ask":0.08,"bs":62,"as":153,"quote_time":"2026-09-04T19:59:59.899190908Z","fair_low":0.0011364085,"fair":0.0146636319,"fair_high":0.0670325737,"hurdle":0.112,"surplus":-0.0973363681,"surplus_low":-0.1108635915,"fullrisk":8.2,"required_bid_target":0.205},{"symbol":"IREN","occ":"IREN260911P00033000","S":44.68,"K":33.0,"T":0.0191780822,"sigma":1.0017887326,"iv":null,"greeks":null,"bid":0.01,"ask":0.07,"bs":121,"as":116,"quote_time":"2026-09-04T19:59:58.638686585Z","fair_low":0.0038999473,"fair":0.0265991263,"fair_high":0.0848066771,"hurdle":0.102,"surplus":-0.0754008737,"surplus_low":-0.0981000527,"fullrisk":7.2,"required_bid_target":0.18},{"symbol":"IREN","occ":"IREN260911C00060000","S":44.68,"K":60.0,"T":0.0191780822,"sigma":1.0017887326,"iv":null,"greeks":null,"bid":0.07,"ask":0.08,"bs":200,"as":193,"quote_time":"2026-09-04T19:59:59.95057911Z","fair_low":0.0070036059,"fair":0.0430317194,"fair_high":0.1334341008,"hurdle":0.087,"surplus":-0.0439682806,"surplus_low":-0.0799963941,"fullrisk":8.2,"required_bid_target":0.205}] https://runway.adityaperswal.workers.dev/data/option-chain/<symbol>?feed=indicative ; https://runway.adityaperswal.workers.dev/data/stock-bars

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 QLV90802 reproducibility archive: SIP /data/stock-bars; NasdaqTrader census; Yahoo world; Alpaca crypto; code

Sep8 calculation; Sep4 quotes as timestamped, not executable. CRR200,r.04,q0 assumed,sigma.5RV20var+.5EWMAvar;low/high=.8/1.2sigma,fee.20USD assumed. [{"symbol":"IREN","occ":"IREN260911P00032000","S":44.68,"K":32.0,"T":0.0191780822,"sigma":1.0017887326,"iv":null,"greeks":null,"bid":0.05,"ask":0.06,"bs":10,"as":255,"quote_time":"2026-09-04T19:59:59.674201817Z","fair_low":0.0014655466,"fair":0.0133522884,"fair_high":0.0514268369,"hurdle":0.067,"surplus":-0.0536477116,"surplus_low":-0.0655344534,"fullrisk":6.2,"required_bid_target":0.155},{"symbol":"IREN","occ":"IREN260911P00030000","S":44.68,"K":30.0,"T":0.0191780822,"sigma":1.0017887326,"iv":null,"greeks":null,"bid":0.03,"ask":0.08,"bs":12,"as":812,"quote_time":"2026-09-04T19:59:59.616585327Z","fair_low":0.000150504,"fair":0.0028873589,"fair_high":0.0162854986,"hurdle":0.107,"surplus":-0.1041126411,"surplus_low":-0.106849496,"fullrisk":8.2,"required_bid_target":0.205},{"symbol":"IREN","occ":"IREN260911P00031000","S":44.68,"K":31.0,"T":0.0191780822,"sigma":1.0017887326,"iv":null,"greeks":null,"bid":0.04,"ask":0.08,"bs":2,"as":268,"quote_time":"2026-09-04T19:59:59.820970605Z","fair_low":0.0004969835,"fair":0.0065187391,"fair_high":0.0300003378,"hurdle":0.102,"surplus":-0.0954812609,"surplus_low":-0.1015030165,"fullrisk":8.2,"required_bid_target":0.205},{"symbol":"IREN","occ":"IREN260918P00018000","S":44.68,"K":18.0,"T":0.0383561644,"sigma":1.0017887326,"iv":null,"greeks":null,"bid":0.03,"ask":0.06,"bs":39,"as":25,"quote_time":"2026-09-04T19:59:58.638613832Z","fair_low":1.3e-09,"fair":1.5473e-06,"fair_high":7.6357e-05,"hurdle":0.077,"surplus":-0.0769984527,"surplus_low":-0.0769999987,"fullrisk":6.2,"required_bid_target":0.155}] https://runway.adityaperswal.workers.dev/data/option-chain/<symbol>?feed=indicative ; https://runway.adityaperswal.workers.dev/data/stock-bars

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 QLV90802 reproducibility archive: SIP /data/stock-bars; NasdaqTrader census; Yahoo world; Alpaca crypto; code

Sep8 calculation; Sep4 quotes as timestamped, not executable. CRR200,r.04,q0 assumed,sigma.5RV20var+.5EWMAvar;low/high=.8/1.2sigma,fee.20USD assumed. [{"symbol":"IREN","occ":"IREN260911P00032500","S":44.68,"K":32.5,"T":0.0191780822,"sigma":1.0017887326,"iv":null,"greeks":null,"bid":0.03,"ask":0.05,"bs":80,"as":529,"quote_time":"2026-09-04T19:59:59.988313839Z","fair_low":0.0024203598,"fair":0.0190609213,"fair_high":0.066890622,"hurdle":0.062,"surplus":-0.0429390787,"surplus_low":-0.0595796402,"fullrisk":5.2,"required_bid_target":0.13},{"symbol":"IREN","occ":"IREN260911P00034500","S":44.68,"K":34.5,"T":0.0191780822,"sigma":1.0017887326,"iv":null,"greeks":null,"bid":0.01,"ask":0.07,"bs":511,"as":88,"quote_time":"2026-09-04T19:59:58.646140241Z","fair_low":0.0141901054,"fair":0.0645687545,"fair_high":0.1656888042,"hurdle":0.102,"surplus":-0.0374312455,"surplus_low":-0.0878098946,"fullrisk":7.2,"required_bid_target":0.18},{"symbol":"IREN","occ":"IREN260918C00110000","S":44.68,"K":110.0,"T":0.0383561644,"sigma":1.0017887326,"iv":null,"greeks":null,"bid":0.03,"ask":0.07,"bs":85,"as":458,"quote_time":"2026-09-04T19:59:59.95646242Z","fair_low":5.6e-09,"fair":5.1873e-06,"fair_high":0.0002263297,"hurdle":0.092,"surplus":-0.0919948127,"surplus_low":-0.0919999944,"fullrisk":7.2,"required_bid_target":0.18},{"symbol":"IREN","occ":"IREN260911P00035000","S":44.68,"K":35.0,"T":0.0191780822,"sigma":1.0017887326,"iv":null,"greeks":null,"bid":0.03,"ask":0.08,"bs":159,"as":73,"quote_time":"2026-09-04T19:59:59.61181787Z","fair_low":0.0208845233,"fair":0.085167408,"fair_high":0.2055190629,"hurdle":0.107,"surplus":-0.021832592,"surplus_low":-0.0861154767,"fullrisk":8.2,"required_bid_target":0.205}] https://runway.adityaperswal.workers.dev/data/option-chain/<symbol>?feed=indicative ; https://runway.adityaperswal.workers.dev/data/stock-bars

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 QLV90802 reproducibility archive: SIP /data/stock-bars; NasdaqTrader census; Yahoo world; Alpaca crypto; code

Sep8 calculation; Sep4 quotes as timestamped, not executable. CRR200,r.04,q0 assumed,sigma.5RV20var+.5EWMAvar;low/high=.8/1.2sigma,fee.20USD assumed. [{"symbol":"INTC","occ":"INTC260918P00052500","S":95.8,"K":52.5,"T":0.0383561644,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.01,"ask":0.04,"bs":100,"as":3,"quote_time":"2026-09-04T19:59:59.031700502Z","fair_low":0.0,"fair":4.9e-09,"fair_high":1.5535e-06,"hurdle":0.057,"surplus":-0.0569999951,"surplus_low":-0.057,"fullrisk":4.2,"required_bid_target":0.105},{"symbol":"IOT","occ":"IOT260918P00032000","S":40.2,"K":32.0,"T":0.0383561644,"sigma":0.5512606302,"iv":0.7045,"greeks":{"delta":-0.028,"gamma":0.0131,"rho":-0.0004,"theta":-0.0142,"vega":0.0045},"bid":0.03,"ask":0.08,"bs":22,"as":190,"quote_time":"2026-09-04T19:59:59.567813934Z","fair_low":0.0036840598,"fair":0.0228068783,"fair_high":0.0708977923,"hurdle":0.107,"surplus":-0.0841931217,"surplus_low":-0.1033159402,"fullrisk":8.2,"required_bid_target":0.205},{"symbol":"IREN","occ":"IREN261016P00020000","S":44.68,"K":20.0,"T":0.1150684932,"sigma":1.0017887326,"iv":null,"greeks":null,"bid":0.04,"ask":0.08,"bs":380,"as":729,"quote_time":"2026-09-04T19:59:59.831885965Z","fair_low":0.0032279575,"fair":0.0287161097,"fair_high":0.1051135519,"hurdle":0.102,"surplus":-0.0732838903,"surplus_low":-0.0987720425,"fullrisk":8.2,"required_bid_target":0.205},{"symbol":"IREN","occ":"IREN260918C00090000","S":44.68,"K":90.0,"T":0.0383561644,"sigma":1.0017887326,"iv":null,"greeks":null,"bid":0.01,"ask":0.03,"bs":140,"as":71,"quote_time":"2026-09-04T19:59:59.877536294Z","fair_low":7.3733e-06,"fair":0.0005236931,"fair_high":0.0060089307,"hurdle":0.042,"surplus":-0.0414763069,"surplus_low":-0.0419926267,"fullrisk":3.2,"required_bid_target":0.08}] https://runway.adityaperswal.workers.dev/data/option-chain/<symbol>?feed=indicative ; https://runway.adityaperswal.workers.dev/data/stock-bars

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 QLV90802 reproducibility archive: SIP /data/stock-bars; NasdaqTrader census; Yahoo world; Alpaca crypto; code

Sep8 calculation; Sep4 quotes as timestamped, not executable. CRR200,r.04,q0 assumed,sigma.5RV20var+.5EWMAvar;low/high=.8/1.2sigma,fee.20USD assumed. [{"symbol":"INTC","occ":"INTC260911C00117000","S":95.8,"K":117.0,"T":0.0191780822,"sigma":0.5418566515,"iv":0.8823,"greeks":{"delta":0.0177,"gamma":0.0049,"rho":0.0002,"theta":-0.0485,"vega":0.0044},"bid":0.03,"ask":0.08,"bs":56,"as":47,"quote_time":"2026-09-04T19:59:59.810897729Z","fair_low":0.0007215536,"fair":0.0095168679,"fair_high":0.0446521438,"hurdle":0.107,"surplus":-0.0974831321,"surplus_low":-0.1062784464,"fullrisk":8.2,"required_bid_target":0.205},{"symbol":"INTC","occ":"INTC260918C00150000","S":95.8,"K":150.0,"T":0.0383561644,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.01,"ask":0.06,"bs":86,"as":1,"quote_time":"2026-09-04T19:59:59.892819447Z","fair_low":9.01e-08,"fair":2.9811e-05,"fair_high":0.0007911801,"hurdle":0.087,"surplus":-0.086970189,"surplus_low":-0.0869999099,"fullrisk":6.2,"required_bid_target":0.155},{"symbol":"INTC","occ":"INTC260911P00078000","S":95.8,"K":78.0,"T":0.0191780822,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.05,"ask":0.08,"bs":187,"as":99,"quote_time":"2026-09-04T19:59:59.711719962Z","fair_low":0.0003637646,"fair":0.0057152218,"fair_high":0.0287053958,"hurdle":0.097,"surplus":-0.0912847782,"surplus_low":-0.0966362354,"fullrisk":8.2,"required_bid_target":0.205},{"symbol":"INTC","occ":"INTC260911C00118000","S":95.8,"K":118.0,"T":0.0191780822,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.03,"ask":0.07,"bs":34,"as":36,"quote_time":"2026-09-04T19:59:59.542495662Z","fair_low":0.0004142259,"fair":0.0066212302,"fair_high":0.0340604607,"hurdle":0.092,"surplus":-0.0853787698,"surplus_low":-0.0915857741,"fullrisk":7.2,"required_bid_target":0.18}] https://runway.adityaperswal.workers.dev/data/option-chain/<symbol>?feed=indicative ; https://runway.adityaperswal.workers.dev/data/stock-bars

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 QLV90802 reproducibility archive: SIP /data/stock-bars; NasdaqTrader census; Yahoo world; Alpaca crypto; code

Sep8 calculation; Sep4 quotes as timestamped, not executable. CRR200,r.04,q0 assumed,sigma.5RV20var+.5EWMAvar;low/high=.8/1.2sigma,fee.20USD assumed. [{"symbol":"INTC","occ":"INTC261016P00044000","S":95.8,"K":44.0,"T":0.1150684932,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.04,"ask":0.08,"bs":1,"as":3,"quote_time":"2026-09-04T19:59:59.572590888Z","fair_low":6.08e-08,"fair":2.21055e-05,"fair_high":0.000626547,"hurdle":0.102,"surplus":-0.1019778945,"surplus_low":-0.1019999392,"fullrisk":8.2,"required_bid_target":0.205},{"symbol":"INTC","occ":"INTC260911C00121000","S":95.8,"K":121.0,"T":0.0191780822,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.01,"ask":0.06,"bs":37,"as":41,"quote_time":"2026-09-04T19:59:59.623249904Z","fair_low":7.19029e-05,"fair":0.0020059608,"fair_high":0.0146078796,"hurdle":0.087,"surplus":-0.0849940392,"surplus_low":-0.0869280971,"fullrisk":6.2,"required_bid_target":0.155},{"symbol":"INTC","occ":"INTC260925P00060000","S":95.8,"K":60.0,"T":0.0575342466,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.01,"ask":0.07,"bs":70,"as":97,"quote_time":"2026-09-04T19:59:59.696698886Z","fair_low":4.0453e-06,"fair":0.0003342828,"fair_high":0.0041040267,"hurdle":0.102,"surplus":-0.1016657172,"surplus_low":-0.1019959547,"fullrisk":7.2,"required_bid_target":0.18},{"symbol":"INTC","occ":"INTC261002P00060000","S":95.8,"K":60.0,"T":0.0767123288,"sigma":0.5418566515,"iv":0.7891,"greeks":{"delta":-0.0085,"gamma":0.0012,"rho":-0.0006,"theta":-0.0091,"vega":0.0058},"bid":0.04,"ask":0.08,"bs":15,"as":26,"quote_time":"2026-09-04T19:59:59.714199809Z","fair_low":8.30496e-05,"fair":0.0024797704,"fair_high":0.0186514905,"hurdle":0.102,"surplus":-0.0995202296,"surplus_low":-0.1019169504,"fullrisk":8.2,"required_bid_target":0.205}] https://runway.adityaperswal.workers.dev/data/option-chain/<symbol>?feed=indicative ; https://runway.adityaperswal.workers.dev/data/stock-bars

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 QLV90802 reproducibility archive: SIP /data/stock-bars; NasdaqTrader census; Yahoo world; Alpaca crypto; code

Sep8 calculation; Sep4 quotes as timestamped, not executable. CRR200,r.04,q0 assumed,sigma.5RV20var+.5EWMAvar;low/high=.8/1.2sigma,fee.20USD assumed. [{"symbol":"INTC","occ":"INTC260918P00065000","S":95.8,"K":65.0,"T":0.0383561644,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.01,"ask":0.06,"bs":13,"as":199,"quote_time":"2026-09-04T19:59:59.849542452Z","fair_low":2.4853e-06,"fair":0.0002253816,"fair_high":0.0030232677,"hurdle":0.087,"surplus":-0.0867746184,"surplus_low":-0.0869975147,"fullrisk":6.2,"required_bid_target":0.155},{"symbol":"INTC","occ":"INTC260911P00075000","S":95.8,"K":75.0,"T":0.0191780822,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.04,"ask":0.07,"bs":21,"as":31,"quote_time":"2026-09-04T19:59:59.636996169Z","fair_low":2.12862e-05,"fair":0.0008382466,"fair_high":0.0072037573,"hurdle":0.087,"surplus":-0.0861617534,"surplus_low":-0.0869787138,"fullrisk":7.2,"required_bid_target":0.18},{"symbol":"INTC","occ":"INTC261016P00041000","S":95.8,"K":41.0,"T":0.1150684932,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.03,"ask":0.05,"bs":4,"as":13,"quote_time":"2026-09-04T19:59:59.688066076Z","fair_low":2.9e-09,"fair":3.2372e-06,"fair_high":0.000156558,"hurdle":0.062,"surplus":-0.0619967628,"surplus_low":-0.0619999971,"fullrisk":5.2,"required_bid_target":0.13},{"symbol":"INTC","occ":"INTC260911C00125000","S":95.8,"K":125.0,"T":0.0191780822,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.03,"ask":0.06,"bs":68,"as":3,"quote_time":"2026-09-04T19:59:59.806646573Z","fair_low":5.6851e-06,"fair":0.0003797658,"fair_high":0.0043489355,"hurdle":0.077,"surplus":-0.0766202342,"surplus_low":-0.0769943149,"fullrisk":6.2,"required_bid_target":0.155}] https://runway.adityaperswal.workers.dev/data/option-chain/<symbol>?feed=indicative ; https://runway.adityaperswal.workers.dev/data/stock-bars

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 QLV90802 reproducibility archive: SIP /data/stock-bars; NasdaqTrader census; Yahoo world; Alpaca crypto; code

Sep8 calculation; Sep4 quotes as timestamped, not executable. CRR200,r.04,q0 assumed,sigma.5RV20var+.5EWMAvar;low/high=.8/1.2sigma,fee.20USD assumed. [{"symbol":"INTC","occ":"INTC261002P00055000","S":95.8,"K":55.0,"T":0.0767123288,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.03,"ask":0.05,"bs":1,"as":72,"quote_time":"2026-09-04T19:59:59.810012004Z","fair_low":2.3859e-06,"fair":0.0002366695,"fair_high":0.003357859,"hurdle":0.062,"surplus":-0.0617633305,"surplus_low":-0.0619976141,"fullrisk":5.2,"required_bid_target":0.13},{"symbol":"INTC","occ":"INTC260918C00160000","S":95.8,"K":160.0,"T":0.0383561644,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.01,"ask":0.02,"bs":21,"as":3,"quote_time":"2026-09-04T19:59:59.207887502Z","fair_low":8e-10,"fair":1.3956e-06,"fair_high":9.40073e-05,"hurdle":0.027,"surplus":-0.0269986044,"surplus_low":-0.0269999992,"fullrisk":2.2,"required_bid_target":0.055},{"symbol":"INTC","occ":"INTC261016P00035000","S":95.8,"K":35.0,"T":0.1150684932,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.03,"ask":0.07,"bs":3,"as":121,"quote_time":"2026-09-04T19:59:59.716523993Z","fair_low":0.0,"fair":2.26e-08,"fair_high":4.719e-06,"hurdle":0.092,"surplus":-0.0919999774,"surplus_low":-0.092,"fullrisk":7.2,"required_bid_target":0.18},{"symbol":"INTC","occ":"INTC260918P00067500","S":95.8,"K":67.5,"T":0.0383561644,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.03,"ask":0.05,"bs":20,"as":40,"quote_time":"2026-09-04T19:59:59.769595597Z","fair_low":2.22076e-05,"fair":0.0009780187,"fair_high":0.0086705471,"hurdle":0.062,"surplus":-0.0610219813,"surplus_low":-0.0619777924,"fullrisk":5.2,"required_bid_target":0.13}] https://runway.adityaperswal.workers.dev/data/option-chain/<symbol>?feed=indicative ; https://runway.adityaperswal.workers.dev/data/stock-bars

Q+9bd/xhlkZ2l/L6aBy+9q9zfp0RO7kW4I3bkid0Q/G6NqKJllToKFOpwPkgbK7IRkvSnWJmDd8Ab0ZJG0ArHb70ViF1XuSWmWpoVzxFjAlbJfwh0V0Ddyv4DCMcYCUQ3liHtHS75iGyQ6cFPh3DImlenSRVpLjefMf7XTjNw+eC6fLENXRipgBv/mouOEw1PzP9NWZJsVMAoU/4ciNwiKx/aj3IGyYvTCTYq9ZNHGSIGBq2kVa3wJIiOZS+q9XJcsNs56JZN3oaGltS9BS+KqaEt4taFHTFFBe6JCTJQyRgVw7npWaZcqlajXFFlrG7U0hoUohc/XDT33aQSPxaWSycmR5qxBD+SQ69ALkIjQQnEwK8SXw9H66F5xISyYbv30CPOU6KJLhmgwRAX4eKEWF7tZSbPWwVE904s5Gx3V1DwitPdRz9FI/CA6+svUrNEPDNaK/1nfdNn+qTun+72fC1/CXj29dvEDZm6uX92p0LU4Zf3dTfwnllJwIohcXNXxi7/FXOPrjU/EkW1SU3OdRv6U/Yp4753UWK1ljzGkEpQrX+Dvh4zmxvwyYRQv1mT6vNfZAUuVPMJB8e7B46uh8bwizVIm9vAXQZ18vpvnqpMjbRer0P3rbkOtdYJLhigETQ8syCnViC84rC1VykAiFpvaBmMz1zzgBXRi9xlZAzh5GBLKq+3xgxEFVBg43QbE9Pv4MfgwA9ktmY6BqWmWpw9WERn7WnyAzGznmnXimYuQTbxV7FuKMX7A8oKM+h9/iBH2/6kj5wg8hwHhhsDYSOycUbnXK2fSBcyp7F4dE3KVpNv5lMBgcMRaCnLarPgwwkBEJzpOrHenXUqcOmDpLFnNKOh/Jps/Fr1wBJtC7yjKo9Wh8U0agXhnAHKWE58LWdTilU5Znw+KCUNF0RA8CA69OkZodF6fOk9x5ud9mNGrkSNgjvr3Y1PbpHZLK4vKpAPSZN02ijhQSiEekiANMBU9cFbYcaETxO1x6fNeNRtW4zfWb3UAD3Ar/DeAlzm2diLAje3AEsxgUlryK5HAntOiKwpnvA5qaVny+l1+v0gIJzlujmbDOt98FZpG+muC3GkFQjca+Hz8w52yhZTD/fL+FACvYVXObXhKcU6EH2rPjWJeKXsgX9ARnlDup0egXNY3zJ/+SHOC4rbYSyuAHlHY056h0eFqYl97hTmQv13ziD+S37FQNVP63VZQ3gOakoxFSBoW6QSecogBQ2eGMZ6TsLaypCPWUtG0z2qRxMrKcr4b0U8qfAjxZmr9aWGXvf2qQhbMDH2MIY0i66oDOgcaoQeu6+Vg5tvp3onzBcHfKHIsN9X8+S2uWLt1WGy8u2j90tZjqrqW/SsE4BP60cgg+Uuctw2QgtEisdHlXTW3iCXaeVtNc49vZR9vu03IGVFkRyWtEO8bdTTiSZQB2ihHwmim+V034qdDZNN6VULJytKrUDqCqMkGaIQXozsuuJBi1z0fJA8UD8Fz6Ao7pCUKPoRuYwV1R0LxKmcD6Up12TV3BYNUeZWN71qzGQkh2BfVil+uAYh/xsY83e+qpVVJAFohZg8WS0Zby6RZSENSLGEHAKYJRiQ0/TzaDjGL5w31iLawn/onUu4ionzyJxM7yUH+dfRU1Vwy2ifLbNBRexiGuV5L7XDsIjwvEq01wEvqvdZ8/YpMk0/OWkdq9rfuTVA7eR9ca76/ZC8N/XBc12pKnRl4hIrgCkdtT+AxsA9XT+Em32B79/s8PI223YvMirQr3gwWQuqx0ePWRFAZYPZ2UpxsLUitmP2aSadwFYh6kjpirfnfHQZzpebi6LJflDfmBnsTcnxy2Dnm2NzRjfWYNHTCiiw1VD05MaeZVLk0tO5Vw2NX4MKj6a6uVWl3m7dTVaw2m8sff1pryvs2dJ1fYGrIDcEWOWLxEu1/bB00+96ef6yhWfxUxVorrSgSRPF9C/HHIto7r1vvOcdDikLkUBTNGIoiDb2TCofsjKQ+ QLV90802 reproducibility archive: SIP /data/stock-bars; NasdaqTrader census; Yahoo world; Alpaca crypto; code

Sep8 calculation; Sep4 quotes as timestamped, not executable. CRR200,r.04,q0 assumed,sigma.5RV20var+.5EWMAvar;low/high=.8/1.2sigma,fee.20USD assumed. [{"symbol":"INTC","occ":"INTC260911C00127000","S":95.8,"K":127.0,"T":0.0191780822,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.03,"ask":0.06,"bs":72,"as":25,"quote_time":"2026-09-04T19:59:59.878453054Z","fair_low":1.4572e-06,"fair":0.000162656,"fair_high":0.0023158123,"hurdle":0.077,"surplus":-0.076837344,"surplus_low":-0.0769985428,"fullrisk":6.2,"required_bid_target":0.155},{"symbol":"INTC","occ":"INTC260918C00155000","S":95.8,"K":155.0,"T":0.0383561644,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.01,"ask":0.02,"bs":22,"as":51,"quote_time":"2026-09-04T19:59:59.20787794Z","fair_low":8.2e-09,"fair":6.4783e-06,"fair_high":0.0002783203,"hurdle":0.027,"surplus":-0.0269935217,"surplus_low":-0.0269999918,"fullrisk":2.2,"required_bid_target":0.055},{"symbol":"INTC","occ":"INTC260918P00060000","S":95.8,"K":60.0,"T":0.0383561644,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.01,"ask":0.06,"bs":16,"as":14,"quote_time":"2026-09-04T19:59:59.856964404Z","fair_low":1.09e-08,"fair":6.7042e-06,"fair_high":0.0002364859,"hurdle":0.087,"surplus":-0.0869932958,"surplus_low":-0.0869999891,"fullrisk":6.2,"required_bid_target":0.155},{"symbol":"INTC","occ":"INTC260914P00065000","S":95.8,"K":65.0,"T":0.0273972603,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.03,"ask":0.04,"bs":6,"as":3,"quote_time":"2026-09-04T19:59:58.668003875Z","fair_low":1.94e-08,"fair":9.3146e-06,"fair_high":0.0002928831,"hurdle":0.047,"surplus":-0.0469906854,"surplus_low":-0.0469999806,"fullrisk":4.2,"required_bid_target":0.105}] https://runway.adityaperswal.workers.dev/data/option-chain/<symbol>?feed=indicative ; https://runway.adityaperswal.workers.dev/data/stock-bars

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 QLV90802 reproducibility archive: SIP /data/stock-bars; NasdaqTrader census; Yahoo world; Alpaca crypto; code

Sep8 calculation; Sep4 quotes as timestamped, not executable. CRR200,r.04,q0 assumed,sigma.5RV20var+.5EWMAvar;low/high=.8/1.2sigma,fee.20USD assumed. [{"symbol":"INTC","occ":"INTC260918P00062500","S":95.8,"K":62.5,"T":0.0383561644,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.01,"ask":0.02,"bs":28,"as":99,"quote_time":"2026-09-04T19:59:59.415195266Z","fair_low":2.051e-07,"fair":4.41782e-05,"fair_high":0.0009223359,"hurdle":0.027,"surplus":-0.0269558218,"surplus_low":-0.0269997949,"fullrisk":2.2,"required_bid_target":0.055},{"symbol":"INTC","occ":"INTC261016C00195000","S":95.8,"K":195.0,"T":0.1150684932,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.05,"ask":0.06,"bs":134,"as":5,"quote_time":"2026-09-04T19:59:59.707342067Z","fair_low":2.3211e-06,"fair":0.0003225395,"fair_high":0.0052446475,"hurdle":0.067,"surplus":-0.0666774605,"surplus_low":-0.0669976789,"fullrisk":6.2,"required_bid_target":0.155},{"symbol":"INTC","occ":"INTC260914C00125000","S":95.8,"K":125.0,"T":0.0273972603,"sigma":0.5418566515,"iv":0.7872,"greeks":{"delta":0.0089,"gamma":0.0023,"rho":0.0002,"theta":-0.018,"vega":0.0032},"bid":0.01,"ask":0.05,"bs":12,"as":10,"quote_time":"2026-09-04T19:59:59.926003598Z","fair_low":0.0001911431,"fair":0.0041686201,"fair_high":0.0262014771,"hurdle":0.072,"surplus":-0.0678313799,"surplus_low":-0.0718088569,"fullrisk":5.2,"required_bid_target":0.13},{"symbol":"INTC","occ":"INTC260925P00055000","S":95.8,"K":55.0,"T":0.0575342466,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.01,"ask":0.02,"bs":1,"as":5,"quote_time":"2026-09-04T19:59:59.897956809Z","fair_low":3.85e-08,"fair":1.53941e-05,"fair_high":0.0004532603,"hurdle":0.027,"surplus":-0.0269846059,"surplus_low":-0.0269999615,"fullrisk":2.2,"required_bid_target":0.055}] https://runway.adityaperswal.workers.dev/data/option-chain/<symbol>?feed=indicative ; https://runway.adityaperswal.workers.dev/data/stock-bars

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 QLV90802 reproducibility archive: SIP /data/stock-bars; NasdaqTrader census; Yahoo world; Alpaca crypto; code

Sep8 calculation; Sep4 quotes as timestamped, not executable. CRR200,r.04,q0 assumed,sigma.5RV20var+.5EWMAvar;low/high=.8/1.2sigma,fee.20USD assumed. [{"symbol":"INTC","occ":"INTC260911P00077000","S":95.8,"K":77.0,"T":0.0191780822,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.04,"ask":0.08,"bs":32,"as":44,"quote_time":"2026-09-04T19:59:59.6855373Z","fair_low":0.0001512077,"fair":0.0031579767,"fair_high":0.0185405391,"hurdle":0.102,"surplus":-0.0988420233,"surplus_low":-0.1018487923,"fullrisk":8.2,"required_bid_target":0.205},{"symbol":"INTC","occ":"INTC260918P00057500","S":95.8,"K":57.5,"T":0.0383561644,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.01,"ask":0.05,"bs":21,"as":3,"quote_time":"2026-09-04T19:59:59.850053169Z","fair_low":5e-10,"fair":7.901e-07,"fair_high":5.49248e-05,"hurdle":0.072,"surplus":-0.0719992099,"surplus_low":-0.0719999995,"fullrisk":5.2,"required_bid_target":0.13},{"symbol":"INTC","occ":"INTC261016P00045000","S":95.8,"K":45.0,"T":0.1150684932,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.04,"ask":0.07,"bs":13,"as":2,"quote_time":"2026-09-04T19:59:59.858377252Z","fair_low":1.49e-07,"fair":3.97836e-05,"fair_high":0.000971985,"hurdle":0.087,"surplus":-0.0869602164,"surplus_low":-0.086999851,"fullrisk":7.2,"required_bid_target":0.18},{"symbol":"INTC","occ":"INTC260911C00124000","S":95.8,"K":124.0,"T":0.0191780822,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.01,"ask":0.04,"bs":72,"as":75,"quote_time":"2026-09-04T19:59:59.72003006Z","fair_low":1.09642e-05,"fair":0.0005962105,"fair_high":0.0059643469,"hurdle":0.057,"surplus":-0.0564037895,"surplus_low":-0.0569890358,"fullrisk":4.2,"required_bid_target":0.105}] https://runway.adityaperswal.workers.dev/data/option-chain/<symbol>?feed=indicative ; https://runway.adityaperswal.workers.dev/data/stock-bars

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 QLV90802 reproducibility archive: SIP /data/stock-bars; NasdaqTrader census; Yahoo world; Alpaca crypto; code

Sep8 calculation; Sep4 quotes as timestamped, not executable. CRR200,r.04,q0 assumed,sigma.5RV20var+.5EWMAvar;low/high=.8/1.2sigma,fee.20USD assumed. [{"symbol":"INTC","occ":"INTC260914P00070000","S":95.8,"K":70.0,"T":0.0273972603,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.01,"ask":0.04,"bs":6,"as":16,"quote_time":"2026-09-04T19:59:59.287366315Z","fair_low":5.7924e-06,"fair":0.0003856153,"fair_high":0.0042524906,"hurdle":0.057,"surplus":-0.0566143847,"surplus_low":-0.0569942076,"fullrisk":4.2,"required_bid_target":0.105},{"symbol":"INTC","occ":"INTC260911P00076000","S":95.8,"K":76.0,"T":0.0191780822,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.01,"ask":0.07,"bs":3,"as":72,"quote_time":"2026-09-04T19:59:59.782649528Z","fair_low":5.84503e-05,"fair":0.0016625912,"fair_high":0.0116989063,"hurdle":0.102,"surplus":-0.1003374088,"surplus_low":-0.1019415497,"fullrisk":7.2,"required_bid_target":0.18},{"symbol":"INTC","occ":"INTC260916C00130000","S":95.8,"K":130.0,"T":0.0328767123,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.01,"ask":0.08,"bs":6,"as":14,"quote_time":"2026-09-04T19:59:59.706705575Z","fair_low":0.0001018574,"fair":0.0028124226,"fair_high":0.0202177563,"hurdle":0.117,"surplus":-0.1141875774,"surplus_low":-0.1168981426,"fullrisk":8.2,"required_bid_target":0.205},{"symbol":"INTC","occ":"INTC260925C00150000","S":95.8,"K":150.0,"T":0.0575342466,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.01,"ask":0.08,"bs":106,"as":106,"quote_time":"2026-09-04T19:59:59.728835997Z","fair_low":2.04386e-05,"fair":0.0011201617,"fair_high":0.011241524,"hurdle":0.117,"surplus":-0.1158798383,"surplus_low":-0.1169795614,"fullrisk":8.2,"required_bid_target":0.205}] https://runway.adityaperswal.workers.dev/data/option-chain/<symbol>?feed=indicative ; https://runway.adityaperswal.workers.dev/data/stock-bars