Open Positions

TOTAL AUM

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portfolio value

TOTAL UNREALIZED P&L

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open positions

DAY P&L

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vs prior close

EXPOSURE

LONG — — SHORT — —

GROSS — NET — —

TOTAL RISK % AUM

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CASH BREAKDOWN

FIDELITY — — EMPOWER — — JUST WORKS — —

TOTAL — —

— — Computing portfolio correlation risk… → DETAILS

DAY RETURN %

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SPY: —

α: —

MTD P&L $

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MTD RETURN %

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SPY: —

α: —

YTD P&L $

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YTD RETURN %

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SPY: —

α: —

EXPOSURE SPLIT

LONG — SHORT —

TICKER	TRADE ID	SIDE	ENTRY	QTY	COST	PRICE	MV	UNREAL P&L $	UNREAL P&L %	REALIZED P&L $	TOTAL P&L $	DAY $	DAY %	% AUM	STOP	STOP DIST	RISK $	RISK % AUM	P&L IF STOPPED	10D MA	RISK $→10D	P&L IF STOP@10D	20D MA	RISK $→20D	P&L IF STOP@20D	ATR	ATR×	ADX	+DI	−DI	ESI	DMI ALERT	RSI 14	MA RSI 9	RSI SIGNAL

RISK TO STOPS

Sum of (current price − stop) × shares for every open position, grouped three ways. Click any group row to expand its constituents. ▲ next to a manual risk figure means the chandelier stop is tighter — ratcheting reduces risk.

AUM

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TOTAL RISK — MANUAL

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TOTAL RISK — CHANDELIER

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TIGHTER ON CHAND

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RISK BY ASSET CLASS

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GROUP	#	RISK SHARE	MV % AUM	MANUAL RISK $	MANUAL % AUM	CHAND RISK $	CHAND % AUM

RISK BY GEOGRAPHY

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GROUP	#	RISK SHARE	MV % AUM	MANUAL RISK $	MANUAL % AUM	CHAND RISK $	CHAND % AUM

RISK BY EXPOSURE GROUP

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GROUP	#	RISK SHARE	MV % AUM	MANUAL RISK $	MANUAL % AUM	CHAND RISK $	CHAND % AUM

PERFORMANCE

Compounded daily returns + drawdowns from high water marks. Time-weighted — deposits and withdrawals are excluded so the curve reflects pure investment performance.

PERIOD:

CUMULATIVE RETURN

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MAX DRAWDOWN

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CURRENT DRAWDOWN

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DAYS IN DRAWDOWN

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SHARPE (ANN.)

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SORTINO (ANN.)

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CALMAR (ANN.)

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GAIN / PAIN

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MONTHLY RETURNS end-of-month AUM ÷ end-of-prior-month AUM − 1 · all months since inception, ignores the period selector above

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EQUITY CURVE (NORMALIZED TO 100) + HIGH WATER MARK

UNDERWATER — % BELOW HWM

TRADE HISTORY

Closed-trade analytics aggregated per Trade ID (partial closes consolidated). Hit rate, slugging, expectancy, holding periods, breakdowns by exposure and entry cohort. Reads from closed_trades.json (re-written by the tracker on every Option 8 run).

PERIOD:

TRADES

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HIT RATE

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SLUGGING

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EXPECTANCY

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PROFIT FACTOR

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REALIZED $

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HOLD: WINNERS

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HOLD: LOSERS

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TOP 10 WINNERS — REALIZED P&L

TOP 10 LOSERS — REALIZED P&L

BY RISK GROUP

BY ENTRY QUARTER

CORRELATION

How correlated are your current open positions to each other and to the macro factors (SPY = equity, USO = commodity, TLT = long rates, UUP = dollar, IEF = intermediate rates). Built to surface the "how many independent bets do I really have" question — the issue behind the 5/15/26 drawdown where 8 metals/miners positions all moved as one trade.

DAILY READOUT

Loading correlation analysis...

WINDOW: —

EFFECTIVE # OF BETS

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of — positions

LARGEST CLUSTER

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% of book

AVG |CORR|

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pairwise

MAX PAIR CORR

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PORT β SPY

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vs S&P 500

PORT β USO

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vs crude oil

PORT β TLT

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vs long rates

PORT β UUP

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vs USD

PORT β IEF

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vs intermediate rates

PRE-TRADE CHECK — what does adding a candidate do to the book?

Enter a candidate ticker, your planned stop level, and risk budget (default 75 bps). Computes the pro-forma in browser using the same correlation window above. Surfaces severity change, cluster impact, ENB delta, beta shifts, and pairwise correlations to existing holdings.

CLUSTERS — POSITIONS GROUPED BY CORRELATION > 0.7 (signed — hedges shown separately)

CORRELATION HEATMAP — HOLDINGS × HOLDINGS × BENCHMARKS

0.9+ 0.7 0.4 0 -0.4 -0.7 -0.9 · benchmark rows/columns in blue

CALM vs STRESS CORRELATION — HOW THE BOOK BEHAVES DURING DRAWDOWNS

Stress correlation = realized pairwise correlation during the portfolio's 10 worst days in the selected window. Long-run correlations always understate crisis correlations — this is the discipline check.

BETA TABLE — POSITION × BENCHMARK

TICKER	WEIGHT	β SPY	β USO	β TLT	β UUP	β IEF
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RISK MANAGEMENT GUIDANCE

1. Cluster cap — recommended 35% of book per cluster. A cluster is positions where all pairwise correlations exceed 0.7. Above 35% means a 1-sigma move in that one trade could deliver a portfolio drawdown larger than your discretionary risk budget.

2. Effective # of Bets (ENB) — monitor, not a limit. ENB shows how many independent bets your positions actually represent (correlated names collapse). It's displayed for awareness but no longer gates trades — cluster concentration is the hard risk control. A low ENB alongside a within-cap cluster profile is acceptable when you're intentionally leaning into a few strong trends.

3. Pre-trade correlation check. Before any new entry, scan its likely 60d correlation to existing holdings. If > 0.6 against anything currently held, you're stacking the trade, not adding diversification.

4. Quarterly stress test. Compare the calm vs stress matrix above. If structural creep is occurring (stress matrix getting redder over time), reduce gross exposure proactively.

EDIT POSITIONS

RISK TO STOPS

PERFORMANCE

TRADE HISTORY

CORRELATION