How It Works
Options Roamer is not a screener or an alert system. It is a fully autonomous pipeline — from raw market data to live trade execution — with no human required in the loop.
Every trade passes through four sequential gates. A failure at any gate cancels the sequence.
Market Scanning
A continuous screener evaluates every symbol on the watchlist against a configurable set of technical criteria. IV rank, RSI, moving average structure, and options chain metrics are assessed in real time. Symbols that fail minimum thresholds are eliminated before any further processing occurs — keeping downstream compute focused on genuine candidates.
ML Regime Detection
Before any individual opportunity is scored, the ML regime model evaluates the macro environment. It reads VIX term structure, market breadth indicators, trend health, and cross-asset signals to classify the current regime as favorable or unfavorable for options premium selling. When the regime model flags a hostile environment, entries are gated entirely — protecting the portfolio from systematic losses during high-volatility or trending market conditions.
Conviction Scoring
Candidates that pass both the screening and regime gates are scored on a 0–100% conviction scale. The score is a weighted composite of signal alignment, implied volatility edge, time-to-expiration fit, and historical setup quality. Only opportunities exceeding the conviction threshold advance to the execution queue. The threshold is configurable — conservative accounts run higher cutoffs; aggressive accounts run lower.
Trade Execution via TastyTrade
Approved setups are submitted directly to TastyTrade via the live API integration. Position sizing is calculated from the account's current net liquidity and configurable risk parameters — never exceeding defined per-trade capital limits. Order status is confirmed post-submission, and the position enters active management for stop-loss and profit-target monitoring.
Risk Architecture
The regime gate is the first line of defense — it prevents the system from entering new positions when macro conditions are unfavorable. But risk management doesn't stop at entry.
Each open position is monitored against real-time profit and loss targets. When a position hits its profit target (typically 50% of max premium), it is closed automatically. When a position approaches its maximum loss threshold, it is closed regardless of regime or signal state.
Portfolio-level controls layer on top of position-level controls. A maximum number of concurrent positions is enforced, and new entries are blocked when the portfolio approaches its aggregate delta or vega limits.
Built for private use. Every component is purpose-built for systematic options trading.
Real-time portfolio view: open positions, P&L, conviction scores, and regime status — all in one interface. No manual refreshes.
Critical events — trade executions, stop triggers, regime changes, system errors — are pushed to your phone instantly via Pushover.
Automated weekly performance summary delivered by email: trade history, realized P&L, win rate, and portfolio metrics for the period.
All strategies can be run in paper mode against live market data before going live. The full pipeline executes — nothing is bypassed — except actual order submission.
Pre-trading quality checks run before each session: API connectivity, account health, margin availability, and regime model readiness are all verified.
The regime model is trained and retrained on historical market data. The pipeline handles feature engineering, cross-validation, and model promotion independently.
