State: ARMED

Playbook

Drawdown helper. Live diagnostic of where the book sits on the rung ladder, with the action that would be suggested at each rung. You decide; the page just shows the state. Book − SPY YTD is informational — the rungs key off drawdown from peak and average composite.

Book − SPY YTD
informational only
DD from peak
Avg composite
State
ARMED

Rung map

WATCH
Activates when any:
  • DD from peak < -10%
  • Avg composite < 2.0
Suggested action:
  • trim weakest Q name
  • hedge most concentrated position
REDUCE
Activates when any:
  • DD from peak < -15%
  • Avg composite < 1.5
Suggested action:
  • collar top 3 positions
  • raise cash to 15%
HALT
Activates when any:
  • DD from peak < -20%
  • Avg composite < 1.0
Suggested action:
  • exit Q<0 names
  • halt new entries
  • send investor note

Trail

Every state change is logged. Red dot = open. Click the dot to mark handled, pick an action to tag what you did, leave a note for next time. Entries auto-handle (asterisk badge) when you save a portfolio change after the trigger fired.

No state transitions yet. The first entry appears the moment WATCH, REDUCE, or HALT fires.

Per-holding action

What the playbook would suggest for each position at each rung. Hedge-Lab's strategy ranker (lib/hedge-structures.ts) will source these once wired (Phase 2). Numbers below are stubbed.

SymbolWtComp@ WATCH@ REDUCE@ HALT
AMZN13.4%2.4Trim 1ppCovered call 30d 30ΔExit half
NVDA9.1%2.8Collar 30Δ/25ΔTighten collarExit
MA8.6%3.1HoldCovered callTrim half
MU7.4%2.2HoldCollarExit
TSM6.9%3.4HoldHoldTrim half
TLN6.1%1.9Trim 0.5ppExit halfExit full
VST5.8%2.7HoldCollarExit

As of . Status strip live: weight-sum YTD vs SPY, DD from peak from the current-book backtest, avg composite over equity weights. Per-holding action table is stubbed pending Phase 2 (live rankStrategies per name).