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Technical notes

Notes

Lower-friction technical notes on backtesting, validation, execution assumptions, and trading system design.

  • Selection bias in 0DTE breakout backtests: how full-population validation overturned four positive drafts
  • Black-Scholes with VIX1D under-prices ATM 0DTE entry premium by roughly 85%
  • Dual-clock backtesting: minute-level signals with a 1-second risk clock
  • Cross-day rolling Donchian channels for valid day-one signals
  • Option-proxy design: BSM, delta proxy, and VIX-scaled IV versus real SPXW quotes
  • Walk-forward, OOS, Deflated Sharpe, and PBO: overfitting controls that matter
  • Risk invariants and execution safety in live 0DTE systems
  • Why next-open execution can still be optimistic

The materials on this website are for research and educational purposes only. They do not constitute investment advice, an offer to sell, or a solicitation to buy any security or financial product. Backtested, simulated, or proxy-based results are hypothetical and may differ materially from live trading results.

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