Notes

7rB9rBwjIOsQiGYOu24Pq5i5acL4i9fYHDXdvJPLVwZyODV1HM9XLOr2UzKnkgi5YWUbtQWVd1mgbMSoKbYvq4W/Nq1f0/x38xyzPUQDCSJICmmsHFsQ4KUXeeS5DoniYt+qngEwK1RwVp/CCRHLjB0owJu/mkFtEG/iNvY9wlpH4AT1mpouxuBUfG1F9PWiCnk5KbBsYDAzOONlA4Yj1HWZnuHeAWaNyEVCOEXt8+2xDJdEusmLxPhULPflBCMnKufTH3uvEBXRtfg47EU9m5xgTPXH509EtVHMmsWd1WqJ+prXkiRJOzOLuE5/MveGOZGVBWHMOhVyHnusz4/3RbDhfIHq521S9edNd86ckAN2fkFuSdyriTpo4r7Ws8PVUfdFs7xfwy4p5Crnxuxlnb7m9q83REKb24452EGKJbvpcRU/9CuFoe58CucmV8AqqicxvqilVL74iMuDyGOjUUh+A5c50BGj6Ybnt+LoMGqjQUX4Uhk+AferzelrrCikTTYwUiCj7yJwM5uD151YgGgKYLbGoAO+kVCJ2nqtjk3/cDmlqLGIzs0dCy/gXua3rIge1aUKXORN2QzB1NxhvS2c3lW7IPpzoZJF6OGrD/kOJktuB/CNXQaFY61TFVIxTUx2HGDCYtu2NWB618DsC993d182kVXq2UXZZvZ/j9wCw1pc34sLkp04NTMbAsOdnNIJMNWArt+Qv5MRZ89U2STPawbNkPnPonmCAsYdhbXLlCqLLf0pIhjFiQsatbQB+7QfyvKo0Q0NCaRctAZwnp4pNUVQg2mb4g7Lk9jifFzhoJkD4c4lMheSTVhCOLtqZ/NHE5y2AaqZPoNh103G/0SkS/xU750KW0LlqaOqruVQE4IasoX6NkWlnM5pwjTBzS/MguNm/fxk6xphL1d9DGODioOFDttqiokOOKd8ybruNhrZnqYKj8jH0KvcWcmhndvIsCamsR5K2oTOLjwuFuKgeKTi4qK0v9w31GVcfQ9AdjZKV+HytqWoXHZJHIVZRFDyqFb++heCjxPygTq2S7bgpJCexSyh0AheaDa5VxsMFP7IMPyljONObEH7SSoBtTVsfbkLmQB9l++9dlSd2iyZrsZVDQOccBJLwJp113HHNJGpKhZe+/uM1Ow4jwVJgxYhdVFf06wyo1PS/Q+7i/2RKkLfRvRcrl26pQzo8s+KkMTn2lhgu5JmM1ddVl6d3A5w0A95zxo22t8RzcVjSLNHY3/PI51t3eR6g3yTtk801hpxI98EmcuuH2OAz1ZV8g/dx2orRPgM9dACw9lHq2jx/Q23xsbu4fwgzD9E7IutvL5/KbjmwZzUlSVWqs6fdNXQqNIkGrgJCsf2M2pDHgigH0rPpPnySDcGGneY3hWTdgQVanS5Fjxz4sCBq5DiTlTadlWQZRK3WG4PtYxmnFm9R9sc6cfZ7LCP4ft1vwVwebAHDyL4NfnxLrezhqidpGqkf5z6EIHpRHAA93GpV/pJ0I70NoGI9hlzjs3nll0kxwcjWeP22lpJgQc/cr0Pa1uHvEYeduXKTI0pE3gqSZ+hOM6hVrCTRpSO0DvgIkG7jFJsE6qVXy/C63U888NZIVEkn1ePka4hndRBH/JcoiJUQ9hvK1ciJVUeb6Wqw8UnkusRXVlblUKhKNPy33JrKp0qpBUdhJil+xnvTq6NLBl6PBMAS+XBeEJoFAKTxNfaRtxkMFy3ghcGfmdUFYqGrLwk1vo7wP+ZqEYYvdsdgInc0WGnmiiVlP0Oh+N1xjocGxLms788+b5oW6gADw8gKsemgpj+9QEH8CJ80Zw5MgeDw7MkKiSlsqQP3UfT6LFiguzUJv2fzuBHm7IKypS0plvIdu+C/FhnywTgAykj8/q6B0bPLm7lMBEcCZsppTzGxq9H+kRH6cGQB0kwwbHbjUJ2ZZTPtOsVig9ohcgY+TaPwXmjCaawy5/42JWnN4Tl46jY0XfmfThCYLjFSg1yKcHtQU 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":"EEM","occ":"EEM260911P00062000","S":68.7,"K":62.0,"T":0.0191780822,"sigma":0.2020844551,"iv":0.5498,"greeks":{"delta":-0.0345,"gamma":0.0193,"rho":-0.0003,"theta":-0.0375,"vega":0.0055},"bid":0.03,"ask":0.08,"bs":22,"as":31,"quote_time":"2026-09-04T19:59:59.521281703Z","fair_low":4.691e-07,"fair":4.39417e-05,"fair_high":0.0006136619,"hurdle":0.107,"surplus":-0.1069560583,"surplus_low":-0.1069995309,"fullrisk":8.2,"required_bid_target":0.205},{"symbol":"EEM","occ":"EEM260911C00072000","S":68.7,"K":72.0,"T":0.0191780822,"sigma":0.2020844551,"iv":0.2807,"greeks":{"delta":0.0584,"gamma":0.0578,"rho":0.0004,"theta":-0.0298,"vega":0.0084},"bid":0.03,"ask":0.07,"bs":79,"as":83,"quote_time":"2026-09-04T19:59:59.089011712Z","fair_low":0.0112042923,"fair":0.040461063,"fair_high":0.0912440051,"hurdle":0.092,"surplus":-0.051538937,"surplus_low":-0.0807957077,"fullrisk":7.2,"required_bid_target":0.18},{"symbol":"EEM","occ":"EEM260918P00058500","S":68.7,"K":58.5,"T":0.0383561644,"sigma":0.2020844551,"iv":0.4766,"greeks":{"delta":-0.0229,"gamma":0.0095,"rho":-0.0005,"theta":-0.0139,"vega":0.0065},"bid":0.03,"ask":0.07,"bs":16,"as":21,"quote_time":"2026-09-04T19:59:59.794408568Z","fair_low":3.95e-08,"fair":1.02217e-05,"fair_high":0.0002271735,"hurdle":0.092,"surplus":-0.0919897783,"surplus_low":-0.0919999605,"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":"EEM","occ":"EEM260914P00062000","S":68.7,"K":62.0,"T":0.0273972603,"sigma":0.2020844551,"iv":0.402,"greeks":{"delta":-0.0298,"gamma":0.0177,"rho":-0.0004,"theta":-0.0183,"vega":0.0064},"bid":0.01,"ask":0.08,"bs":75,"as":89,"quote_time":"2026-09-04T19:59:59.230486227Z","fair_low":1.91654e-05,"fair":0.000562947,"fair_high":0.003920564,"hurdle":0.117,"surplus":-0.116437053,"surplus_low":-0.1169808346,"fullrisk":8.2,"required_bid_target":0.205},{"symbol":"EEM","occ":"EEM260911C00071000","S":68.7,"K":71.0,"T":0.0191780822,"sigma":0.2020844551,"iv":0.2078,"greeks":{"delta":0.0688,"gamma":0.0887,"rho":0.0005,"theta":-0.0252,"vega":0.0095},"bid":0.02,"ask":0.07,"bs":51,"as":45,"quote_time":"2026-09-04T19:59:59.856255031Z","fair_low":0.0528826203,"fair":0.1216164526,"fair_high":0.2109436693,"hurdle":0.097,"surplus":0.0246164526,"surplus_low":-0.0441173797,"fullrisk":7.2,"required_bid_target":0.18},{"symbol":"EEM","occ":"EEM261016P00045500","S":68.7,"K":45.5,"T":0.1150684932,"sigma":0.2020844551,"iv":0.5594,"greeks":{"delta":-0.009,"gamma":0.0019,"rho":-0.0007,"theta":-0.0038,"vega":0.0054},"bid":0.01,"ask":0.07,"bs":11,"as":14,"quote_time":"2026-09-04T19:59:59.959025504Z","fair_low":0.0,"fair":2e-10,"fair_high":1.317e-07,"hurdle":0.102,"surplus":-0.1019999998,"surplus_low":-0.102,"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":"DELL","occ":"DELL260918P00280000","S":524.14,"K":280.0,"T":0.0383561644,"sigma":0.8383410418,"iv":null,"greeks":null,"bid":0.04,"ask":0.05,"bs":7,"as":1,"quote_time":"2026-09-04T19:58:37.829035175Z","fair_low":6.6002e-06,"fair":0.0008313198,"fair_high":0.013897595,"hurdle":0.057,"surplus":-0.0561686802,"surplus_low":-0.0569933998,"fullrisk":5.2,"required_bid_target":0.13},{"symbol":"DELL","occ":"DELL260918P00250000","S":524.14,"K":250.0,"T":0.0383561644,"sigma":0.8383410418,"iv":null,"greeks":null,"bid":0.01,"ask":0.07,"bs":286,"as":1,"quote_time":"2026-09-04T19:59:58.0588043Z","fair_low":4e-08,"fair":3.06528e-05,"fair_high":0.0012928134,"hurdle":0.102,"surplus":-0.1019693472,"surplus_low":-0.10199996,"fullrisk":7.2,"required_bid_target":0.18},{"symbol":"DELL","occ":"DELL261016P00220000","S":524.14,"K":220.0,"T":0.1150684932,"sigma":0.8383410418,"iv":null,"greeks":null,"bid":0.02,"ask":0.04,"bs":1,"as":1,"quote_time":"2026-09-04T19:59:45.503353902Z","fair_low":0.0009865468,"fair":0.0276824923,"fair_high":0.1850000203,"hurdle":0.052,"surplus":-0.0243175077,"surplus_low":-0.0510134532,"fullrisk":4.2,"required_bid_target":0.105},{"symbol":"EEM","occ":"EEM260918P00055500","S":68.7,"K":55.5,"T":0.0383561644,"sigma":0.2020844551,"iv":0.5867,"greeks":{"delta":-0.0155,"gamma":0.0056,"rho":-0.0003,"theta":-0.0123,"vega":0.0047},"bid":0.03,"ask":0.05,"bs":10,"as":20,"quote_time":"2026-09-04T19:59:59.953301938Z","fair_low":0.0,"fair":7.8e-09,"fair_high":1.5028e-06,"hurdle":0.062,"surplus":-0.0619999922,"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

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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":"DELL","occ":"DELL260918C00770000","S":524.14,"K":770.0,"T":0.0383561644,"sigma":0.8383410418,"iv":0.7402,"greeks":{"delta":0.0016,"gamma":0.0001,"rho":0.0002,"theta":-0.016,"vega":0.0047},"bid":0.01,"ask":0.05,"bs":124,"as":16,"quote_time":"2026-09-04T19:59:58.370452166Z","fair_low":0.0413093421,"fair":0.3421214573,"fair_high":1.2173062101,"hurdle":0.072,"surplus":0.2701214573,"surplus_low":-0.0306906579,"fullrisk":5.2,"required_bid_target":0.13},{"symbol":"DELL","occ":"DELL260911P00245000","S":524.14,"K":245.0,"T":0.0191780822,"sigma":0.8383410418,"iv":null,"greeks":null,"bid":0.01,"ask":0.02,"bs":2,"as":3,"quote_time":"2026-09-04T17:44:15.193174275Z","fair_low":0.0,"fair":1e-10,"fair_high":1.355e-07,"hurdle":0.027,"surplus":-0.0269999999,"surplus_low":-0.027,"fullrisk":2.2,"required_bid_target":0.055},{"symbol":"DELL","occ":"DELL260918P00290000","S":524.14,"K":290.0,"T":0.0383561644,"sigma":0.8383410418,"iv":null,"greeks":null,"bid":0.01,"ask":0.07,"bs":119,"as":1,"quote_time":"2026-09-04T19:59:59.504065471Z","fair_low":2.66142e-05,"fair":0.0022016812,"fair_high":0.026945814,"hurdle":0.102,"surplus":-0.0997983188,"surplus_low":-0.1019733858,"fullrisk":7.2,"required_bid_target":0.18},{"symbol":"DELL","occ":"DELL260918P00270000","S":524.14,"K":270.0,"T":0.0383561644,"sigma":0.8383410418,"iv":null,"greeks":null,"bid":0.01,"ask":0.03,"bs":3,"as":9,"quote_time":"2026-09-04T19:59:58.330055741Z","fair_low":1.4185e-06,"fair":0.0003164136,"fair_high":0.0066403909,"hurdle":0.042,"surplus":-0.0416835864,"surplus_low":-0.0419985815,"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":"DELL","occ":"DELL260925P00270000","S":524.14,"K":270.0,"T":0.0575342466,"sigma":0.8383410418,"iv":null,"greeks":null,"bid":0.03,"ask":0.06,"bs":1,"as":2,"quote_time":"2026-09-04T19:59:59.694548992Z","fair_low":0.0002003201,"fair":0.0087556701,"fair_high":0.0772444886,"hurdle":0.077,"surplus":-0.0682443299,"surplus_low":-0.0767996799,"fullrisk":6.2,"required_bid_target":0.155},{"symbol":"DELL","occ":"DELL260911C00700000","S":524.14,"K":700.0,"T":0.0191780822,"sigma":0.8383410418,"iv":null,"greeks":null,"bid":0.03,"ask":0.07,"bs":1,"as":20,"quote_time":"2026-09-04T19:59:59.488639845Z","fair_low":0.0137440263,"fair":0.1453188495,"fair_high":0.5862113278,"hurdle":0.092,"surplus":0.0533188495,"surplus_low":-0.0782559737,"fullrisk":7.2,"required_bid_target":0.18},{"symbol":"DELL","occ":"DELL260911P00365000","S":524.14,"K":365.0,"T":0.0191780822,"sigma":0.8383410418,"iv":null,"greeks":null,"bid":0.03,"ask":0.07,"bs":13,"as":1,"quote_time":"2026-09-04T19:59:59.079986885Z","fair_low":0.0004019791,"fair":0.0116883734,"fair_high":0.0867094014,"hurdle":0.092,"surplus":-0.0803116266,"surplus_low":-0.0915980209,"fullrisk":7.2,"required_bid_target":0.18},{"symbol":"DELL","occ":"DELL260911P00395000","S":524.14,"K":395.0,"T":0.0191780822,"sigma":0.8383410418,"iv":null,"greeks":null,"bid":0.01,"ask":0.06,"bs":5,"as":4,"quote_time":"2026-09-04T19:59:59.487946515Z","fair_low":0.0129097498,"fair":0.1237326143,"fair_high":0.4853022201,"hurdle":0.087,"surplus":0.0367326143,"surplus_low":-0.0740902502,"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":"COIN","occ":"COIN260918C00350000","S":184.64,"K":350.0,"T":0.0383561644,"sigma":0.8203750054,"iv":null,"greeks":null,"bid":0.01,"ask":0.08,"bs":10,"as":1,"quote_time":"2026-09-04T18:00:58.644856191Z","fair_low":1.57e-06,"fair":0.000290443,"fair_high":0.0057191515,"hurdle":0.117,"surplus":-0.116709557,"surplus_low":-0.11699843,"fullrisk":8.2,"required_bid_target":0.205},{"symbol":"COIN","occ":"COIN261016P00055000","S":184.64,"K":55.0,"T":0.1150684932,"sigma":0.8203750054,"iv":null,"greeks":null,"bid":0.01,"ask":0.08,"bs":1,"as":2,"quote_time":"2026-09-04T19:59:55.110986571Z","fair_low":6.21e-08,"fair":3.09651e-05,"fair_high":0.0010259277,"hurdle":0.117,"surplus":-0.1169690349,"surplus_low":-0.1169999379,"fullrisk":8.2,"required_bid_target":0.205},{"symbol":"COIN","occ":"COIN260918P00090000","S":184.64,"K":90.0,"T":0.0383561644,"sigma":0.8203750054,"iv":null,"greeks":null,"bid":0.01,"ask":0.05,"bs":2,"as":10,"quote_time":"2026-09-04T19:59:55.125942271Z","fair_low":1.92e-08,"fair":1.32122e-05,"fair_high":0.0005098153,"hurdle":0.072,"surplus":-0.0719867878,"surplus_low":-0.0719999808,"fullrisk":5.2,"required_bid_target":0.13},{"symbol":"COIN","occ":"COIN260911C00250000","S":184.64,"K":250.0,"T":0.0191780822,"sigma":0.8203750054,"iv":null,"greeks":null,"bid":0.02,"ask":0.08,"bs":184,"as":9,"quote_time":"2026-09-04T19:59:59.958386365Z","fair_low":0.0021435051,"fair":0.0285242745,"fair_high":0.134741961,"hurdle":0.112,"surplus":-0.0834757255,"surplus_low":-0.1098564949,"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":"COIN","occ":"COIN260918C00340000","S":184.64,"K":340.0,"T":0.0383561644,"sigma":0.8203750054,"iv":null,"greeks":null,"bid":0.04,"ask":0.08,"bs":1,"as":129,"quote_time":"2026-09-04T19:59:59.958751716Z","fair_low":5.4551e-06,"fair":0.0006398675,"fair_high":0.0099605797,"hurdle":0.102,"surplus":-0.1013601325,"surplus_low":-0.1019945449,"fullrisk":8.2,"required_bid_target":0.205},{"symbol":"COIN","occ":"COIN260911P00125000","S":184.64,"K":125.0,"T":0.0191780822,"sigma":0.8203750054,"iv":null,"greeks":null,"bid":0.01,"ask":0.07,"bs":18,"as":2,"quote_time":"2026-09-04T19:59:45.777681751Z","fair_low":2.14993e-05,"fair":0.0011971214,"fair_high":0.012133501,"hurdle":0.102,"surplus":-0.1008028786,"surplus_low":-0.1019785007,"fullrisk":7.2,"required_bid_target":0.18},{"symbol":"COIN","occ":"COIN260911P00140000","S":184.64,"K":140.0,"T":0.0191780822,"sigma":0.8203750054,"iv":null,"greeks":null,"bid":0.03,"ask":0.06,"bs":5,"as":1,"quote_time":"2026-09-04T19:59:55.110217451Z","fair_low":0.004469326,"fair":0.042814969,"fair_high":0.1679107698,"hurdle":0.077,"surplus":-0.034185031,"surplus_low":-0.072530674,"fullrisk":6.2,"required_bid_target":0.155},{"symbol":"COIN","occ":"COIN260918C00610000","S":184.64,"K":610.0,"T":0.0383561644,"sigma":0.8203750054,"iv":null,"greeks":null,"bid":0.04,"ask":0.06,"bs":25,"as":10,"quote_time":"2026-09-04T19:44:55.084326868Z","fair_low":0.0,"fair":0.0,"fair_high":1.5e-09,"hurdle":0.072,"surplus":-0.072,"surplus_low":-0.072,"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":"COIN","occ":"COIN260918P00080000","S":184.64,"K":80.0,"T":0.0383561644,"sigma":0.8203750054,"iv":null,"greeks":null,"bid":0.01,"ask":0.05,"bs":2,"as":25,"quote_time":"2026-09-04T19:59:55.674505605Z","fair_low":0.0,"fair":2.287e-07,"fair_high":2.92655e-05,"hurdle":0.072,"surplus":-0.0719997713,"surplus_low":-0.072,"fullrisk":5.2,"required_bid_target":0.13},{"symbol":"COIN","occ":"COIN260918C00320000","S":184.64,"K":320.0,"T":0.0383561644,"sigma":0.8203750054,"iv":null,"greeks":null,"bid":0.03,"ask":0.08,"bs":63,"as":12,"quote_time":"2026-09-04T19:59:59.958578298Z","fair_low":5.65534e-05,"fair":0.002991153,"fair_high":0.0294718653,"hurdle":0.107,"surplus":-0.104008847,"surplus_low":-0.1069434466,"fullrisk":8.2,"required_bid_target":0.205},{"symbol":"COIN","occ":"COIN260911P00115000","S":184.64,"K":115.0,"T":0.0191780822,"sigma":0.8203750054,"iv":null,"greeks":null,"bid":0.01,"ask":0.02,"bs":8,"as":3,"quote_time":"2026-09-04T19:59:55.124440749Z","fair_low":1.521e-07,"fair":4.74332e-05,"fair_high":0.0011923705,"hurdle":0.027,"surplus":-0.0269525668,"surplus_low":-0.0269998479,"fullrisk":2.2,"required_bid_target":0.055},{"symbol":"COIN","occ":"COIN260918C00400000","S":184.64,"K":400.0,"T":0.0383561644,"sigma":0.8203750054,"iv":null,"greeks":null,"bid":0.01,"ask":0.06,"bs":19,"as":15,"quote_time":"2026-09-04T19:59:26.267030066Z","fair_low":3e-09,"fair":4.9273e-06,"fair_high":0.0003303809,"hurdle":0.087,"surplus":-0.0869950727,"surplus_low":-0.086999997,"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

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":"BITO","occ":"BITO260930P00009000","S":10.74,"K":9.0,"T":0.0712328767,"sigma":0.4484828391,"iv":0.4243,"greeks":{"delta":-0.0414,"gamma":0.0775,"rho":-0.0003,"theta":-0.0022,"vega":0.0024},"bid":0.01,"ask":0.03,"bs":1,"as":100,"quote_time":"2026-09-04T19:59:58.158439674Z","fair_low":0.0109488045,"fair":0.0344838003,"fair_high":0.071373149,"hurdle":0.042,"surplus":-0.0075161997,"surplus_low":-0.0310511955,"fullrisk":3.2,"required_bid_target":0.08},{"symbol":"COIN","occ":"COIN260918C00360000","S":184.64,"K":360.0,"T":0.0383561644,"sigma":0.8203750054,"iv":null,"greeks":null,"bid":0.03,"ask":0.08,"bs":1,"as":192,"quote_time":"2026-09-04T19:59:59.665177019Z","fair_low":4.719e-07,"fair":0.000134327,"fair_high":0.0032640306,"hurdle":0.107,"surplus":-0.106865673,"surplus_low":-0.1069995281,"fullrisk":8.2,"required_bid_target":0.205},{"symbol":"COIN","occ":"COIN260911P00130000","S":184.64,"K":130.0,"T":0.0191780822,"sigma":0.8203750054,"iv":null,"greeks":null,"bid":0.01,"ask":0.03,"bs":2,"as":20,"quote_time":"2026-09-04T19:59:59.486712653Z","fair_low":0.0001612885,"fair":0.0045652267,"fair_high":0.0321909714,"hurdle":0.042,"surplus":-0.0374347733,"surplus_low":-0.0418387115,"fullrisk":3.2,"required_bid_target":0.08},{"symbol":"COIN","occ":"COIN260918P00100000","S":184.64,"K":100.0,"T":0.0383561644,"sigma":0.8203750054,"iv":null,"greeks":null,"bid":0.01,"ask":0.06,"bs":5,"as":21,"quote_time":"2026-09-04T19:59:59.481605983Z","fair_low":2.3209e-06,"fair":0.0002913432,"fair_high":0.0048489367,"hurdle":0.087,"surplus":-0.0867086568,"surplus_low":-0.0869976791,"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

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 https://runway.adityaperswal.workers.dev/data/stock-snapshots

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":"BITO","occ":"BITO260911C00012000","S":10.74,"K":12.0,"T":0.0191780822,"sigma":0.4484828391,"iv":0.7662,"greeks":{"delta":0.0904,"gamma":0.1892,"rho":0.0001,"theta":-0.0176,"vega":0.0018},"bid":0.03,"ask":0.04,"bs":5,"as":1,"quote_time":"2026-09-04T19:59:54.798539397Z","fair_low":0.0025925692,"fair":0.0107291092,"fair_high":0.0260720193,"hurdle":0.047,"surplus":-0.0362708908,"surplus_low":-0.0444074308,"fullrisk":4.2,"required_bid_target":0.105},{"symbol":"BITO","occ":"BITO260918C00012000","S":10.74,"K":12.0,"T":0.0383561644,"sigma":0.4484828391,"iv":0.5446,"greeks":{"delta":0.1325,"gamma":0.2111,"rho":0.0004,"theta":-0.01,"vega":0.004},"bid":0.06,"ask":0.07,"bs":50,"as":92,"quote_time":"2026-09-04T19:58:31.070482137Z","fair_low":0.0203882126,"fair":0.0506160909,"fair_high":0.0927487364,"hurdle":0.077,"surplus":-0.0263839091,"surplus_low":-0.0566117874,"fullrisk":7.2,"required_bid_target":0.18},{"symbol":"BITO","occ":"BITO260918P00008000","S":10.74,"K":8.0,"T":0.0383561644,"sigma":0.4484828391,"iv":null,"greeks":null,"bid":0.03,"ask":0.04,"bs":1,"as":37,"quote_time":"2026-09-04T19:59:59.917708665Z","fair_low":1.5554e-06,"fair":7.49092e-05,"fair_high":0.0007018612,"hurdle":0.047,"surplus":-0.0469250908,"surplus_low":-0.0469984446,"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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 https://runway.adityaperswal.workers.dev/data/stock-snapshots

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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":"BITO","occ":"BITO261002C00013000","S":10.74,"K":13.0,"T":0.0767123288,"sigma":0.4484828391,"iv":0.484,"greeks":{"delta":0.0772,"gamma":0.1064,"rho":0.0005,"theta":-0.004,"vega":0.0041},"bid":0.03,"ask":0.06,"bs":695,"as":262,"quote_time":"2026-09-04T19:59:59.72444214Z","fair_low":0.0132263557,"fair":0.04145722,"fair_high":0.0863915109,"hurdle":0.077,"surplus":-0.03554278,"surplus_low":-0.0637736443,"fullrisk":6.2,"required_bid_target":0.155},{"symbol":"BITO","occ":"BITO260930C00013000","S":10.74,"K":13.0,"T":0.0712328767,"sigma":0.4484828391,"iv":0.4918,"greeks":{"delta":0.0713,"gamma":0.1027,"rho":0.0005,"theta":-0.004,"vega":0.0037},"bid":0.01,"ask":0.07,"bs":61,"as":2624,"quote_time":"2026-09-04T19:59:59.725082855Z","fair_low":0.0103955469,"fair":0.0349729245,"fair_high":0.0755488886,"hurdle":0.102,"surplus":-0.0670270755,"surplus_low":-0.0916044531,"fullrisk":7.2,"required_bid_target":0.18},{"symbol":"BITO","occ":"BITO260918C00013000","S":10.74,"K":13.0,"T":0.0383561644,"sigma":0.4484828391,"iv":0.621,"greeks":{"delta":0.0439,"gamma":0.0802,"rho":0.0001,"theta":-0.0049,"vega":0.0017},"bid":0.01,"ask":0.03,"bs":8,"as":13,"quote_time":"2026-09-04T19:59:59.965024892Z","fair_low":0.0008662345,"fair":0.0056826508,"fair_high":0.0177644222,"hurdle":0.042,"surplus":-0.0363173492,"surplus_low":-0.0411337655,"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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 https://runway.adityaperswal.workers.dev/data/stock-snapshots

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