Notes

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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":"INTC260911P00070000","S":95.8,"K":70.0,"T":0.0191780822,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.01,"ask":0.04,"bs":12,"as":456,"quote_time":"2026-09-04T19:59:59.21489614Z","fair_low":4.81e-08,"fair":1.62706e-05,"fair_high":0.0004176352,"hurdle":0.057,"surplus":-0.0569837294,"surplus_low":-0.0569999519,"fullrisk":4.2,"required_bid_target":0.105},{"symbol":"INTC","occ":"INTC260911P00072000","S":95.8,"K":72.0,"T":0.0191780822,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.01,"ask":0.02,"bs":39,"as":10,"quote_time":"2026-09-04T19:59:59.840868895Z","fair_low":7.159e-07,"fair":8.84612e-05,"fair_high":0.0014321357,"hurdle":0.027,"surplus":-0.0269115388,"surplus_low":-0.0269992841,"fullrisk":2.2,"required_bid_target":0.055},{"symbol":"INTC","occ":"INTC260911C00120000","S":95.8,"K":120.0,"T":0.0191780822,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.02,"ask":0.08,"bs":8,"as":85,"quote_time":"2026-09-04T19:59:59.706717584Z","fair_low":0.0001307496,"fair":0.0030427343,"fair_high":0.0194841031,"hurdle":0.112,"surplus":-0.1089572657,"surplus_low":-0.1118692504,"fullrisk":8.2,"required_bid_target":0.205},{"symbol":"INTC","occ":"INTC260918P00055000","S":95.8,"K":55.0,"T":0.0383561644,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.03,"ask":0.05,"bs":40,"as":451,"quote_time":"2026-09-04T19:59:59.713967859Z","fair_low":0.0,"fair":7.3e-08,"fair_high":1.01658e-05,"hurdle":0.062,"surplus":-0.061999927,"surplus_low":-0.062,"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

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":"INTC260911C00128000","S":95.8,"K":128.0,"T":0.0191780822,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.03,"ask":0.07,"bs":6,"as":6,"quote_time":"2026-09-04T19:59:59.067007384Z","fair_low":7.195e-07,"fair":0.0001026926,"fair_high":0.001698845,"hurdle":0.092,"surplus":-0.0918973074,"surplus_low":-0.0919992805,"fullrisk":7.2,"required_bid_target":0.18},{"symbol":"INTC","occ":"INTC260911C00123000","S":95.8,"K":123.0,"T":0.0191780822,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.01,"ask":0.05,"bs":71,"as":71,"quote_time":"2026-09-04T19:59:59.811066676Z","fair_low":2.08266e-05,"fair":0.0009140864,"fair_high":0.0081226133,"hurdle":0.072,"surplus":-0.0710859136,"surplus_low":-0.0719791734,"fullrisk":5.2,"required_bid_target":0.13},{"symbol":"INTC","occ":"INTC260911P00073000","S":95.8,"K":73.0,"T":0.0191780822,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.01,"ask":0.02,"bs":106,"as":107,"quote_time":"2026-09-04T19:59:59.592685873Z","fair_low":2.2569e-06,"fair":0.0002006341,"fair_high":0.0025248136,"hurdle":0.027,"surplus":-0.0267993659,"surplus_low":-0.0269977431,"fullrisk":2.2,"required_bid_target":0.055},{"symbol":"INTC","occ":"INTC260911P00074000","S":95.8,"K":74.0,"T":0.0191780822,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.03,"ask":0.06,"bs":46,"as":19,"quote_time":"2026-09-04T19:59:59.618387135Z","fair_low":7.4195e-06,"fair":0.0004217966,"fair_high":0.0043232437,"hurdle":0.077,"surplus":-0.0765782034,"surplus_low":-0.0769925805,"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":"INTC260918C00140000","S":95.8,"K":140.0,"T":0.0383561644,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.02,"ask":0.07,"bs":399,"as":100,"quote_time":"2026-09-04T19:59:59.313282154Z","fair_low":7.3272e-06,"fair":0.0005222595,"fair_high":0.0059948215,"hurdle":0.097,"surplus":-0.0964777405,"surplus_low":-0.0969926728,"fullrisk":7.2,"required_bid_target":0.18},{"symbol":"INTC","occ":"INTC260911C00126000","S":95.8,"K":126.0,"T":0.0191780822,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.01,"ask":0.03,"bs":9,"as":11,"quote_time":"2026-09-04T19:59:59.263595401Z","fair_low":2.9018e-06,"fair":0.0002497124,"fair_high":0.0032363862,"hurdle":0.042,"surplus":-0.0417502876,"surplus_low":-0.0419970982,"fullrisk":3.2,"required_bid_target":0.08},{"symbol":"INTC","occ":"INTC260918C00170000","S":95.8,"K":170.0,"T":0.0383561644,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.03,"ask":0.04,"bs":3,"as":40,"quote_time":"2026-09-04T19:59:59.850263415Z","fair_low":0.0,"fair":5.52e-08,"fair_high":9.6213e-06,"hurdle":0.047,"surplus":-0.0469999448,"surplus_low":-0.047,"fullrisk":4.2,"required_bid_target":0.105},{"symbol":"INTC","occ":"INTC260911C00122000","S":95.8,"K":122.0,"T":0.0191780822,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.04,"ask":0.06,"bs":102,"as":3,"quote_time":"2026-09-04T19:59:59.596224177Z","fair_low":3.89791e-05,"fair":0.0013688819,"fair_high":0.0106944382,"hurdle":0.072,"surplus":-0.0706311181,"surplus_low":-0.0719610209,"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":"IBIT","occ":"IBIT260916C00053000","S":45.23,"K":53.0,"T":0.0328767123,"sigma":0.446808915,"iv":0.5363,"greeks":{"delta":0.0313,"gamma":0.0186,"rho":0.0003,"theta":-0.015,"vega":0.005},"bid":0.04,"ask":0.05,"bs":64,"as":45,"quote_time":"2026-09-04T19:59:59.634017232Z","fair_low":0.0078573747,"fair":0.0390410165,"fair_high":0.1061335492,"hurdle":0.057,"surplus":-0.0179589835,"surplus_low":-0.0491426253,"fullrisk":5.2,"required_bid_target":0.13},{"symbol":"INTC","occ":"INTC260918C00145000","S":95.8,"K":145.0,"T":0.0383561644,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.01,"ask":0.08,"bs":13,"as":26,"quote_time":"2026-09-04T19:59:59.764944451Z","fair_low":8.61e-07,"fair":0.0001305839,"fair_high":0.0021943867,"hurdle":0.117,"surplus":-0.1168694161,"surplus_low":-0.116999139,"fullrisk":8.2,"required_bid_target":0.205},{"symbol":"INTC","occ":"INTC261016P00049000","S":95.8,"K":49.0,"T":0.1150684932,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.05,"ask":0.08,"bs":1,"as":23,"quote_time":"2026-09-04T19:59:59.809045219Z","fair_low":3.6342e-06,"fair":0.0003357119,"fair_high":0.0044855349,"hurdle":0.097,"surplus":-0.0966642881,"surplus_low":-0.0969963658,"fullrisk":8.2,"required_bid_target":0.205},{"symbol":"INTC","occ":"INTC261016P00042000","S":95.8,"K":42.0,"T":0.1150684932,"sigma":0.5418566515,"iv":null,"greeks":null,"bid":0.01,"ask":0.08,"bs":4,"as":87,"quote_time":"2026-09-04T19:59:59.710880554Z","fair_low":8.6e-09,"fair":6.3892e-06,"fair_high":0.0002594233,"hurdle":0.117,"surplus":-0.1169936108,"surplus_low":-0.1169999914,"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":"IBIT","occ":"IBIT260914C00056000","S":45.23,"K":56.0,"T":0.0273972603,"sigma":0.446808915,"iv":0.7759,"greeks":{"delta":0.0254,"gamma":0.0122,"rho":0.0002,"theta":-0.0206,"vega":0.0037},"bid":0.04,"ask":0.05,"bs":129,"as":91,"quote_time":"2026-09-04T19:59:59.893075358Z","fair_low":0.0001125331,"fair":0.0021504505,"fair_high":0.011984512,"hurdle":0.057,"surplus":-0.0548495495,"surplus_low":-0.0568874669,"fullrisk":5.2,"required_bid_target":0.13},{"symbol":"IBIT","occ":"IBIT260914P00039000","S":45.23,"K":39.0,"T":0.0273972603,"sigma":0.446808915,"iv":0.554,"greeks":{"delta":-0.0259,"gamma":0.0174,"rho":-0.0002,"theta":-0.0148,"vega":0.0038},"bid":0.01,"ask":0.06,"bs":22,"as":17,"quote_time":"2026-09-04T19:59:59.893010496Z","fair_low":0.0045643786,"fair":0.024825161,"fair_high":0.070878085,"hurdle":0.087,"surplus":-0.062174839,"surplus_low":-0.0824356214,"fullrisk":6.2,"required_bid_target":0.155},{"symbol":"IBIT","occ":"IBIT260925C00065000","S":45.23,"K":65.0,"T":0.0575342466,"sigma":0.446808915,"iv":0.6919,"greeks":{"delta":0.011,"gamma":0.0042,"rho":0.0002,"theta":-0.0056,"vega":0.0029},"bid":0.02,"ask":0.03,"bs":71,"as":125,"quote_time":"2026-09-04T19:59:59.789642822Z","fair_low":1.12334e-05,"fair":0.0005393935,"fair_high":0.0050453832,"hurdle":0.037,"surplus":-0.0364606065,"surplus_low":-0.0369887666,"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":"IBIT","occ":"IBIT260911P00037000","S":45.23,"K":37.0,"T":0.0191780822,"sigma":0.446808915,"iv":0.8411,"greeks":{"delta":-0.0108,"gamma":0.0071,"rho":-0.0001,"theta":-0.014,"vega":0.0013},"bid":0.01,"ask":0.02,"bs":160,"as":125,"quote_time":"2026-09-04T19:59:59.53707285Z","fair_low":9.318e-06,"fair":0.0003521368,"fair_high":0.0029629944,"hurdle":0.027,"surplus":-0.0266478632,"surplus_low":-0.026990682,"fullrisk":2.2,"required_bid_target":0.055},{"symbol":"IBIT","occ":"IBIT260916C00054000","S":45.23,"K":54.0,"T":0.0328767123,"sigma":0.446808915,"iv":0.6414,"greeks":{"delta":0.0421,"gamma":0.0198,"rho":0.0004,"theta":-0.0228,"vega":0.0064},"bid":0.07,"ask":0.08,"bs":87,"as":57,"quote_time":"2026-09-04T19:59:59.977456692Z","fair_low":0.0031650235,"fair":0.0210737557,"fair_high":0.0662733434,"hurdle":0.087,"surplus":-0.0659262443,"surplus_low":-0.0838349765,"fullrisk":8.2,"required_bid_target":0.205},{"symbol":"IBIT","occ":"IBIT260911P00035500","S":45.23,"K":35.5,"T":0.0191780822,"sigma":0.446808915,"iv":null,"greeks":null,"bid":0.01,"ask":0.02,"bs":57,"as":56,"quote_time":"2026-09-04T19:59:59.495819282Z","fair_low":1.348e-07,"fair":2.21164e-05,"fair_high":0.0003915976,"hurdle":0.027,"surplus":-0.0269778836,"surplus_low":-0.0269998652,"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":"IBIT","occ":"IBIT260918C00057000","S":45.23,"K":57.0,"T":0.0383561644,"sigma":0.446808915,"iv":0.7085,"greeks":{"delta":0.0335,"gamma":0.0134,"rho":0.0004,"theta":-0.0189,"vega":0.0058},"bid":0.06,"ask":0.08,"bs":75,"as":48,"quote_time":"2026-09-04T19:59:59.562882796Z","fair_low":0.0004600824,"fair":0.0058730848,"fair_high":0.0267490969,"hurdle":0.092,"surplus":-0.0861269152,"surplus_low":-0.0915399176,"fullrisk":8.2,"required_bid_target":0.205},{"symbol":"IBIT","occ":"IBIT261016P00024000","S":45.23,"K":24.0,"T":0.1150684932,"sigma":0.446808915,"iv":null,"greeks":null,"bid":0.03,"ask":0.05,"bs":20,"as":26,"quote_time":"2026-09-04T19:59:59.785084203Z","fair_low":3.4e-08,"fair":1.20372e-05,"fair_high":0.0003167564,"hurdle":0.062,"surplus":-0.0619879628,"surplus_low":-0.061999966,"fullrisk":5.2,"required_bid_target":0.13},{"symbol":"IBIT","occ":"IBIT261009P00025000","S":45.23,"K":25.0,"T":0.095890411,"sigma":0.446808915,"iv":null,"greeks":null,"bid":0.02,"ask":0.07,"bs":20,"as":19,"quote_time":"2026-09-04T19:59:59.893158145Z","fair_low":1.53e-08,"fair":6.801e-06,"fair_high":0.0002064884,"hurdle":0.097,"surplus":-0.096993199,"surplus_low":-0.0969999847,"fullrisk":7.2,"required_bid_target":0.18},{"symbol":"IBIT","occ":"IBIT260925P00030000","S":45.23,"K":30.0,"T":0.0575342466,"sigma":0.446808915,"iv":0.7571,"greeks":{"delta":-0.0059,"gamma":0.0022,"rho":-0.0001,"theta":-0.0035,"vega":0.0017},"bid":0.01,"ask":0.02,"bs":39,"as":41,"quote_time":"2026-09-04T19:59:59.895304301Z","fair_low":3.472e-07,"fair":4.76165e-05,"fair_high":0.0008109363,"hurdle":0.027,"surplus":-0.0269523835,"surplus_low":-0.0269996528,"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":"IBIT","occ":"IBIT260916P00032000","S":45.23,"K":32.0,"T":0.0328767123,"sigma":0.446808915,"iv":null,"greeks":null,"bid":0.03,"ask":0.05,"bs":146,"as":107,"quote_time":"2026-09-04T19:59:59.536356094Z","fair_low":1.25e-08,"fair":5.0428e-06,"fair_high":0.000148498,"hurdle":0.062,"surplus":-0.0619949572,"surplus_low":-0.0619999875,"fullrisk":5.2,"required_bid_target":0.13},{"symbol":"IBIT","occ":"IBIT260916P00038000","S":45.23,"K":38.0,"T":0.0328767123,"sigma":0.446808915,"iv":0.6346,"greeks":{"delta":-0.0376,"gamma":0.0182,"rho":-0.0004,"theta":-0.0203,"vega":0.0058},"bid":0.06,"ask":0.08,"bs":117,"as":87,"quote_time":"2026-09-04T19:59:59.664735623Z","fair_low":0.0026644822,"fair":0.0178522001,"fair_high":0.0566835592,"hurdle":0.092,"surplus":-0.0741477999,"surplus_low":-0.0893355178,"fullrisk":8.2,"required_bid_target":0.205},{"symbol":"IBIT","occ":"IBIT260911C00053500","S":45.23,"K":53.5,"T":0.0191780822,"sigma":0.446808915,"iv":0.7181,"greeks":{"delta":0.013,"gamma":0.0099,"rho":0.0001,"theta":-0.0142,"vega":0.0016},"bid":0.01,"ask":0.02,"bs":182,"as":110,"quote_time":"2026-09-04T19:59:59.667559341Z","fair_low":0.0002118088,"fair":0.003116766,"fair_high":0.0150180005,"hurdle":0.027,"surplus":-0.023883234,"surplus_low":-0.0267881912,"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":"IBIT","occ":"IBIT260911C00054000","S":45.23,"K":54.0,"T":0.0191780822,"sigma":0.446808915,"iv":0.7516,"greeks":{"delta":0.0125,"gamma":0.0091,"rho":0.0001,"theta":-0.0144,"vega":0.0015},"bid":0.01,"ask":0.02,"bs":169,"as":166,"quote_time":"2026-09-04T19:59:59.894442143Z","fair_low":0.0001025756,"fair":0.0018910026,"fair_high":0.0104888461,"hurdle":0.027,"surplus":-0.0251089974,"surplus_low":-0.0268974244,"fullrisk":2.2,"required_bid_target":0.055},{"symbol":"IBIT","occ":"IBIT260918C00060000","S":45.23,"K":60.0,"T":0.0383561644,"sigma":0.446808915,"iv":0.7509,"greeks":{"delta":0.0172,"gamma":0.0073,"rho":0.0002,"theta":-0.0115,"vega":0.0033},"bid":0.01,"ask":0.06,"bs":99,"as":88,"quote_time":"2026-09-04T19:59:59.898929073Z","fair_low":2.18594e-05,"fair":0.0007643405,"fair_high":0.0060045668,"hurdle":0.087,"surplus":-0.0862356595,"surplus_low":-0.0869781406,"fullrisk":6.2,"required_bid_target":0.155},{"symbol":"IBIT","occ":"IBIT260911P00040500","S":45.23,"K":40.5,"T":0.0191780822,"sigma":0.446808915,"iv":0.4959,"greeks":{"delta":-0.0174,"gamma":0.0184,"rho":-0.0001,"theta":-0.0125,"vega":0.002},"bid":0.01,"ask":0.02,"bs":183,"as":175,"quote_time":"2026-09-04T19:59:59.895630193Z","fair_low":0.0089564362,"fair":0.0380138126,"fair_high":0.093707546,"hurdle":0.027,"surplus":0.0110138126,"surplus_low":-0.0180435638,"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":"IBIT","occ":"IBIT260916P00035000","S":45.23,"K":35.0,"T":0.0328767123,"sigma":0.446808915,"iv":0.7858,"greeks":{"delta":-0.0168,"gamma":0.0075,"rho":-0.0002,"theta":-0.0128,"vega":0.003},"bid":0.01,"ask":0.06,"bs":146,"as":112,"quote_time":"2026-09-04T19:59:59.664625197Z","fair_low":1.77377e-05,"fair":0.0006143983,"fair_high":0.0047231719,"hurdle":0.087,"surplus":-0.0863856017,"surplus_low":-0.0869822623,"fullrisk":6.2,"required_bid_target":0.155},{"symbol":"IBIT","occ":"IBIT261002P00029000","S":45.23,"K":29.0,"T":0.0767123288,"sigma":0.446808915,"iv":null,"greeks":null,"bid":0.07,"ask":0.08,"bs":18,"as":46,"quote_time":"2026-09-04T19:59:59.930178702Z","fair_low":1.8802e-06,"fair":0.0001528065,"fair_high":0.0018694026,"hurdle":0.087,"surplus":-0.0868471935,"surplus_low":-0.0869981198,"fullrisk":8.2,"required_bid_target":0.205},{"symbol":"IBIT","occ":"IBIT260916P00033000","S":45.23,"K":33.0,"T":0.0328767123,"sigma":0.446808915,"iv":0.8412,"greeks":{"delta":-0.0074,"gamma":0.0034,"rho":-0.0001,"theta":-0.0067,"vega":0.0014},"bid":0.01,"ask":0.02,"bs":23,"as":34,"quote_time":"2026-09-04T19:59:59.90008735Z","fair_low":1.934e-07,"fair":3.05733e-05,"fair_high":0.0005277369,"hurdle":0.027,"surplus":-0.0269694267,"surplus_low":-0.0269998066,"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":"IBIT","occ":"IBIT260914C00059000","S":45.23,"K":59.0,"T":0.0273972603,"sigma":0.446808915,"iv":0.8551,"greeks":{"delta":0.0138,"gamma":0.0066,"rho":0.0001,"theta":-0.0135,"vega":0.0022},"bid":0.01,"ask":0.04,"bs":129,"as":95,"quote_time":"2026-09-04T19:59:59.606837574Z","fair_low":2.0081e-06,"fair":0.0001517818,"fair_high":0.0017827553,"hurdle":0.057,"surplus":-0.0568482182,"surplus_low":-0.0569979919,"fullrisk":4.2,"required_bid_target":0.105},{"symbol":"IBIT","occ":"IBIT260918P00027000","S":45.23,"K":27.0,"T":0.0383561644,"sigma":0.446808915,"iv":null,"greeks":null,"bid":0.03,"ask":0.04,"bs":19,"as":435,"quote_time":"2026-09-04T19:59:59.592032024Z","fair_low":0.0,"fair":5e-10,"fair_high":2.221e-07,"hurdle":0.047,"surplus":-0.0469999995,"surplus_low":-0.047,"fullrisk":4.2,"required_bid_target":0.105},{"symbol":"IBIT","occ":"IBIT260914P00034000","S":45.23,"K":34.0,"T":0.0273972603,"sigma":0.446808915,"iv":null,"greeks":null,"bid":0.01,"ask":0.03,"bs":173,"as":137,"quote_time":"2026-09-04T19:59:59.664860907Z","fair_low":2.163e-07,"fair":3.252e-05,"fair_high":0.0005539927,"hurdle":0.042,"surplus":-0.04196748,"surplus_low":-0.0419997837,"fullrisk":3.2,"required_bid_target":0.08},{"symbol":"IBIT","occ":"IBIT260914C00058000","S":45.23,"K":58.0,"T":0.0273972603,"sigma":0.446808915,"iv":null,"greeks":null,"bid":0.04,"ask":0.05,"bs":142,"as":159,"quote_time":"2026-09-04T19:59:59.422704025Z","fair_low":8.1978e-06,"fair":0.0003785549,"fair_high":0.0034676594,"hurdle":0.057,"surplus":-0.0566214451,"surplus_low":-0.0569918022,"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

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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":"IBIT","occ":"IBIT261016P00023000","S":45.23,"K":23.0,"T":0.1150684932,"sigma":0.446808915,"iv":null,"greeks":null,"bid":0.06,"ask":0.08,"bs":25,"as":28,"quote_time":"2026-09-04T19:59:59.896553499Z","fair_low":4.2e-09,"fair":2.9777e-06,"fair_high":0.0001157457,"hurdle":0.092,"surplus":-0.0919970223,"surplus_low":-0.0919999958,"fullrisk":8.2,"required_bid_target":0.205},{"symbol":"IBIT","occ":"IBIT260914P00037500","S":45.23,"K":37.5,"T":0.0273972603,"sigma":0.446808915,"iv":0.5987,"greeks":{"delta":-0.0114,"gamma":0.008,"rho":-0.0001,"theta":-0.0079,"vega":0.0019},"bid":0.01,"ask":0.02,"bs":76,"as":95,"quote_time":"2026-09-04T19:59:59.738962606Z","fair_low":0.0004564162,"fair":0.0050941091,"fair_high":0.0217349418,"hurdle":0.027,"surplus":-0.0219058909,"surplus_low":-0.0265435838,"fullrisk":2.2,"required_bid_target":0.055},{"symbol":"IBIT","occ":"IBIT261016P00015000","S":45.23,"K":15.0,"T":0.1150684932,"sigma":0.446808915,"iv":null,"greeks":null,"bid":0.01,"ask":0.03,"bs":33,"as":22,"quote_time":"2026-09-04T19:59:58.675455773Z","fair_low":0.0,"fair":0.0,"fair_high":2e-10,"hurdle":0.042,"surplus":-0.042,"surplus_low":-0.042,"fullrisk":3.2,"required_bid_target":0.08},{"symbol":"IBIT","occ":"IBIT260918P00035000","S":45.23,"K":35.0,"T":0.0383561644,"sigma":0.446808915,"iv":0.764,"greeks":{"delta":-0.0234,"gamma":0.0093,"rho":-0.0003,"theta":-0.0149,"vega":0.0043},"bid":0.05,"ask":0.06,"bs":187,"as":52,"quote_time":"2026-09-04T19:59:59.591856571Z","fair_low":6.99192e-05,"fair":0.0015499924,"fair_high":0.0094138697,"hurdle":0.067,"surplus":-0.0654500076,"surplus_low":-0.0669300808,"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":"IBIT","occ":"IBIT260911C00050500","S":45.23,"K":50.5,"T":0.0191780822,"sigma":0.446808915,"iv":0.5768,"greeks":{"delta":0.0334,"gamma":0.0273,"rho":0.0002,"theta":-0.0255,"vega":0.0035},"bid":0.03,"ask":0.04,"bs":225,"as":152,"quote_time":"2026-09-04T19:59:59.894808569Z","fair_low":0.0110883101,"fair":0.0455790111,"fair_high":0.1103790691,"hurdle":0.047,"surplus":-0.0014209889,"surplus_low":-0.0359116899,"fullrisk":4.2,"required_bid_target":0.105},{"symbol":"IBIT","occ":"IBIT260916C00055000","S":45.23,"K":55.0,"T":0.0328767123,"sigma":0.446808915,"iv":0.6851,"greeks":{"delta":0.0375,"gamma":0.0168,"rho":0.0004,"theta":-0.0222,"vega":0.0058},"bid":0.06,"ask":0.08,"bs":102,"as":101,"quote_time":"2026-09-04T19:59:59.53631445Z","fair_low":0.0012032389,"fair":0.0107674831,"fair_high":0.0409641788,"hurdle":0.092,"surplus":-0.0812325169,"surplus_low":-0.0907967611,"fullrisk":8.2,"required_bid_target":0.205},{"symbol":"IBIT","occ":"IBIT260911P00038500","S":45.23,"K":38.5,"T":0.0191780822,"sigma":0.446808915,"iv":0.6915,"greeks":{"delta":-0.0129,"gamma":0.0102,"rho":-0.0001,"theta":-0.0135,"vega":0.0016},"bid":0.01,"ask":0.02,"bs":343,"as":352,"quote_time":"2026-09-04T19:59:58.664645951Z","fair_low":0.0002731972,"fair":0.0035344666,"fair_high":0.0159041515,"hurdle":0.027,"surplus":-0.0234655334,"surplus_low":-0.0267268028,"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