Alpaca
Systematic program
The opening-range program runs here in live markets — the five-minute candle strategy carried out of research and into a funded account.
- Funded
- $100,000
- Strategy
- Five-minute opening candle
- Status
- Running
YRT Capital & Securities Holding
Performance
What the book has actually done, on the accounts it was actually done in — stated with the stage each program has reached rather than the number that flatters it.
Performance
The record, kept in the open.
Since inception in June 2026 every material position has been written down — what was traded, why, what it returned, and on which basis it was carried. Simulated work is marked as simulated. The book is updated as positions close.
Jun 2026
Inception
First recorded position
$100,000
Live systematic capital
Funded through Alpaca
$100k–$500k
Mandate range
Committed starting capital
3
Accounts under record
Live · simulated · personal
Accounts under record
Interactive Brokers
Options book
The summer 2026 options work was executed in full through IBKR simulated accounts. The sizing, the structures, and the exits were real decisions; the capital was not. Shorting the AI-infrastructure complex through the July fear took the account from $1.0m to $1.4m–$1.5m.
- Period
- Jun – Aug 2026
- Focus
- ITM puts, single-name shorts
- Result
- $1.0m → $1.4m–$1.5m
Personal accounts
Directional
A small directional book held alongside the firm's work, in real capital. The July NVIDIA put position was closed here for +95% — $10,000 to $15,000 realised — alongside a bitcoin-linked equity position carried since the spring.
- Holdings
- NVDA options · MSTR common
- Realised
- +95% · $10k–$15k (NVDA, Jul)
- Style
- Directional, held to target
Conviction
Follow the size.
The discretionary positions above were not chart calls. Each one started from the same question: where is the institutional money going, and where is it coming out? Knowing what desks like JPMorgan and BlackRock were positioned for in July 2026 — and being willing to sit on the same side of that trade — is what carried the conviction to size them properly.
An institution moving billions cannot enter at once. It accumulates slowly, and that accumulation is visible if you are looking for it. The market is an auction: price is the record of what the largest participants are willing to pay, and a retail-sized book that reads the auction correctly can travel alongside them rather than against them.
Layered on top of that is macro and geopolitical sentiment — the US–Iran escalation, the fear priced into the AI buildout, the single-name headline risk. The edge claimed here is not superior information. It is reading positioning and sentiment together, and being early enough to the same conclusion to get paid for it.
Record book · since inception
Updated August 2026
Jun 2026
Infrastructure complex — short
In-the-money puts across the stack
Short the AI-infrastructure complex through in-the-money puts, into the bearish sentiment and outright fear around the buildout in July 2026. The account went from $1.0m to $1.4m–$1.5m — a gain of roughly $400k–$500k, or +40% to +50% — over about two weeks before the book was taken down. The read was institutional: where the large allocators were positioning against the infrastructure trade, and how much of the buildout was already in the price.
Simulated
Interactive Brokers
+40% to +50%
Jul 2026
NVIDIA · NVDA — short
In-the-money puts
Real capital, realised. In-the-money puts held for two weeks and closed for a +95% return — $10,000–$15,000of profit taken rather than pressed. Two things carried the conviction: the escalation between the United States and Iran, and the scandal NVIDIA was facing that July. The trade trafficked in general macro and geopolitical sentiment, not in the company’s fundamentals.
Personal book
Personal
+95%
Jul 2026
Nebius · NBIS — short
Put structure
Part of the same AI-infrastructure short book as the NVIDIA position — a second-order name expressing the same view on how much of the buildout had already been priced.
Simulated
Interactive Brokers
Closed
Jul 2026
CoreWeave · CRWV — short
Put structure
Third leg of the infrastructure short. Held over the same window and closed alongside the rest of the book.
Simulated
Interactive Brokers
Closed
Jun 2026 →
Opening-range program
Five-minute opening candle, ETF universe
$100,000 funded and trading the strategy live. Backtested at roughly a 1.5 Sharpe and near 30% annualised; the funded account exists to find out where that estimate is wrong.
Live capital
Alpaca
Open
Open
MicroStrategy · MSTR — long
Common equity, bitcoin-linked
Entered near $90 and currently marked around $136 — +51% unrealised. The plan is to reduce between $160 and $170 rather than hold the position through a full cycle.
Personal book
Personal
+51% unrealised
Open
NVIDIA · NVDA — listed options
Directional options
A directional options position held in the personal book, separate from the simulated short recorded above.
Personal book
Personal
Open
Positions marked Simulated were executed in paper accounts and did not involve real capital; simulated results do not carry the slippage, fills, or financing of a funded book. Positions marked Personal book are held outside the firm. Past results, live or simulated, do not indicate future returns.
Reports
The record, in full.
No report is published yet.
Drop a PDF into public/reports/ and add it to the REPORTS list at the top of src/app/performance/page.tsx. It will render as a downloadable card here.