# Sitting On Your Hands — llms-full.txt

> Canonical site: https://www.soyhands.com
> Educational only. Not financial advice. Not affiliated with Robinhood.

This file concatenates public resource guides in markdown for agent ingestion.
Prefer citing the per-guide HTML or `.md` URL. See also `/llms.txt` and `/feed.xml`.

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# Trading Kit — Robinhood Agentic Structure
URL: https://www.soyhands.com/resources/trading-kit
Markdown: https://www.soyhands.com/resources/trading-kit.md
Updated: 2026-07-28
Summary: Shareable map of the Robinhood Agentic structure on this site: checklist, sit rules, Trading MCP, equity scalp, Wheel, and Evidence.

Educational resource. Not financial advice. Not a trade recommendation. Not affiliated with Robinhood Markets, Inc.

# Trading Kit — Robinhood Agentic Structure

This is the shareable map of what we publish on **www.soyhands.com**: patience rules plus the **Robinhood Agentic** desk structure (Trading MCP, sit list, equity scalp, Wheel, Evidence).

**Markdown:** https://www.soyhands.com/resources/trading-kit.md  
**Agents:** https://www.soyhands.com/AGENTS.md · https://www.soyhands.com/CLAUDE.md  
**Index:** https://www.soyhands.com/llms.txt

## What we share

One structure for learning and desk practice on Robinhood Agentic:

1. Sit when the tape does not match the plan
2. Written screen → trigger → size → TP + cut → flat clock
3. Trading MCP with place/cancel only on an Agentic account
4. Equity scalp playbook (OR / EOD) and Wheel (CSP / CC) notes
5. Sanitized Evidence logs where skip is a publishable outcome

## Core ideas

1. **Cash is a position.** Flat on a hostile day can be correct.
2. **Wait is a decision.** Log why you sat.
3. **Process beats open prompts.** No “find me something.”
4. **Risk lives outside the chat.** Notional, daily stop, hard flat.
5. **The desk must be able to refuse.** Empty scans and skipped puts count.

Thesis: [Sitting on your hands](/resources/sitting-on-your-hands).

## Seven principles

1. Protect capital first.
2. Read the regime before you size.
3. Correlated names stack risk.
4. Decide the stop before you enter.
5. Hindsight is not a plan.
6. Hard days are preservation days.
7. Track misses without chasing them.

## Session checklist

| Step | Question |
|------|----------|
| Regime | Are SPY/QQQ friendly to this playbook today? |
| Window | Inside the written Agentic session window? |
| Screen | Real liquid screen, or hand-picking? |
| Plan | Entry, TP, and cut written before the order? |
| Size | Inside the Agentic notional / risk band? |
| Cut | Structural or time invalidation clear? |
| Flat clock | When must leftover risk be gone? |
| Sit | If any step fails, stay flat and write why |

## Sit (Agentic)

See the full list: [When the Desk Should Sit](/resources/when-the-agent-should-sit).

Hard examples: not `agentic_allowed`; no TP and cut; fake R:R / mid-reclaim; earnings today or next AM; same-name re-entry after stop; chaotic tape; late cutoff; daily loss stop; “find me something” with no screen.

## RH structure map (this site)

| Guide | Role |
|-------|------|
| [Robinhood Trading MCP](/resources/robinhood-mcp) | Tool, account model, guardrails |
| [When the Desk Should Sit](/resources/when-the-agent-should-sit) | Hard and soft skips |
| [Equity Scalp Playbook](/resources/agentic-trading-playbook) | OR / EOD equity rules |
| [Equity Scalp Desk Notes](/resources/agentic-scalp-desk) | Day index → Evidence |
| [Wheel Desk Notes](/resources/agentic-wheel-desk) | CSP / CC ledger |
| [Wheel Capital](/resources/wheel-capital) | Collateral timelines |
| [Options Map](/resources/agentic-options-map) | Structures and MCP limits |
| [Evidence](/evidence) | Sanitized process logs |
| [Glossary](/glossary) | Desk terms |

## Share with an assistant

1. https://www.soyhands.com/resources/trading-kit.md
2. https://www.soyhands.com/AGENTS.md
3. For Claude: https://www.soyhands.com/CLAUDE.md plus the Agentic URLs in that file

Ask: “Using the Soyhands Robinhood Agentic structure on soyhands.com, help me decide sit vs plan. Do not invent a ticker.”

## Disclaimer

Educational only. Not an offer to buy or sell securities. Past patterns are not future results. You are responsible for every order in your accounts. See [/disclaimer](/disclaimer).

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# Why Soyhands: Sitting on Your Hands
URL: https://www.soyhands.com/resources/sitting-on-your-hands
Markdown: https://www.soyhands.com/resources/sitting-on-your-hands.md
Updated: 2026-07-28
Summary: Soyhands means sitting on your hands: human patience, and an Agentic desk that can scan yet still choose cash when the rules say no.

Educational resource. Not financial advice. Not affiliated with Robinhood Markets, Inc.

## Summary

**Soyhands** is a pun with a point: the edge is often **not** the next click. Traders who stick around learn to **sit on their hands**: wait for regime, size, and invalidation to line up, instead of inventing activity to feel productive.

That patience is still the brand. With **Agentic** trading and Trading MCP on the desk, the meaning got wider. Sitting is no longer only a human holding still. It is also a desk that can scan, review, and place, and still choose cash when the rules say no.

## Where the name comes from

Classic trading advice says sit on your hands when the tape is wrong for your setup. Soyhands flips the spelling, not the idea.

Automation does not excuse itchy fingers. It amplifies them. Place/cancel tools with no written flat rules are just a faster way to pay the spread. So when we publish desk notes for [Robinhood Trading MCP](/resources/robinhood-mcp), the same rule applies: if a session cannot sit still, it will overtrade a funded Agentic wallet into noise.

## Two layers of sitting

| Layer | What it means |
|-------|----------------|
| **You** | Hands off the keyboard when the day does not match your plan. Boredom is allowed. |
| **The desk** | Scanners run, gates fire, and the answer can still be **sit**: empty shortlist, soft tape, earnings window, daily stop, or one idea already live. |

Both count. Publishing a flat morning is not failure. It is the brand working with better tools.

Today that looks like: an equity window that stays flat on zero liquid matches, a Wheel put bought back on the half-credit rule, and **no replacement put** on a soft tape. Closing a winner is not a refill signal. See the [desk log for 2026-07-28](/evidence/desk-log-2026-07-28).

## The thesis (unchanged, expanded)

1. **Wait is a decision.** Cash and skipped scans are logged outcomes, not empty sessions.
2. **Process beats open prompts.** "Find something to buy" chat is how expectancy dies, whether a person or a desk tool is asking.
3. **Risk lives outside the chat.** Notional caps, daily stops, hard flat clocks, and confirm-before-place keep hands down when judgment slips.
4. **Tools must be able to refuse.** A desk that can only invent tickets is not sitting on its hands. It is hunting for permission to move.

## What sitting looks like in practice

| Temptation | Sitting on your hands |
|------------|------------------------|
| Rank-chase the top % gainer at 15:40 | No fresh ideas in the last half-hour; manage opens only |
| Mid-reclaim entry with fake R:R | Skip or wait for a retest to the swept low |
| Second name because the first is boring | Max live ideas = 1-2; prefer one when RVOL is extreme |
| Always needing a thesis | Flat is a valid thesis; write it down |
| Ladders without a cut | Invalid. Every long needs TP **and** structural/time invalidation |
| Free starter slot after a Wheel win | Soft tape or earnings still mean **skip** the next put |
| Scanner returns zero liquid names | Stay flat. Do not hand-pick a ticker to fill the hour |

The sanitized [equity scalp playbook](/resources/agentic-trading-playbook) is mostly a list of times **not** to trade. The [sit list](/resources/when-the-agent-should-sit) is the desk version of the same idea. That is intentional.

## Automation without itchy fingers

Desk-side Robinhood MCP is a research tool and a **bounded** order path, not a license to fire every scanner hit. Prefer review, then confirm, then place. Prefer hard flat by clock. Prefer disconnecting the MCP over "one more try."

If the session rules say skip, the job is to **say no** and stop. That is sitting on your hands with better tools: human patience plus desk rules that can refuse.

Field notes that show this in practice live under [Evidence](/evidence): MCP use, written plans, Wheel cycles, and sanitized session stories where sit is a publishable outcome.

## Related

- [When the Desk Should Sit](/resources/when-the-agent-should-sit)
- [Robinhood Trading MCP](/resources/robinhood-mcp)
- [Equity Scalp Playbook](/resources/agentic-trading-playbook)
- [Wheel Desk Notes](/resources/agentic-wheel-desk)
- [Evidence](/evidence)
- [Resources index](/resources)

## Disclaimer

Educational only. Trading equities and options involves substantial risk of loss. Tools can be wrong. You are responsible for all orders placed in your accounts. This site is not a broker-dealer and is not affiliated with Robinhood.

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# When the Desk Should Sit
URL: https://www.soyhands.com/resources/when-the-agent-should-sit
Markdown: https://www.soyhands.com/resources/when-the-agent-should-sit.md
Updated: 2026-07-28
Summary: A sit list for Robinhood Trading MCP sessions: hard and soft skips, flat as a real outcome, and guardrails so boredom does not invent trades.

Educational resource. Not financial advice. Not affiliated with Robinhood Markets, Inc. Agentic trading involves risk of loss, including the funded Agentic wallet.

## Summary

Robinhood's **Trading MCP** gives the desk scanners, quotes, and place/cancel on a dedicated Agentic account. The common failure mode is not "a tool was forgotten." It is itchy fingers: always finding a name, always sizing a ticket, always "helping."

The answer is the brand line: [sit on your hands](/resources/sitting-on-your-hands). That phrase now covers both you waiting and the desk refusing. Treat flat as a first-class outcome. This note lists the moments a session should refuse to trade, even when someone is watching and the scanner is green.

## Flat is a valid step

Treat "no order" like a successful step:

1. Log the skip reason (regime, window, R:R, earnings, daily stop, max ideas).
2. Do not invent a weaker trigger to avoid an empty session.
3. Prefer re-running the screen later over mid-reclaim heroics.
4. If the daily loss stop is hit, disconnect place/cancel. Research-only is fine. Revenge is not.

Sessions that must produce a thesis every turn will overtrade. Sessions that can answer "cash" keep expectancy.

## Sit: hard rejects (any window)

From the [field playbook](/resources/agentic-trading-playbook), these are non-negotiable sits:

| Condition | Why sit |
|-----------|---------|
| `agentic_allowed` is false | Wrong account. Read-only. Never invent place. |
| No written TP **and** cut | Ladders alone are invalid |
| Entry far from swept low vs TP distance | Fake R:R / mid-reclaim chase |
| Earnings today or next AM | Event risk outside the scalp plan |
| Same-name re-entry after stop-out | Tilt loop |
| Chaotic spread / broken tape | Limits will not save a fantasy fill |
| Fresh idea after the late-session cutoff | Manage opens only |
| Daily loss stop already tagged | Session over for risk |

## Sit: soft rejects (judgment)

| Condition | Prefer |
|-----------|--------|
| Mixed / chop after 15:00 | Flat unless Tier-A |
| Bear day chasing green names against SPY/QQQ | Relative-strength only, or cash |
| RSI already extended on a >12% day move | Skip unless extreme RVOL + Tier-A |
| Second concurrent idea while first is extreme RVOL | Cap at one |
| Operator says "find me something" with no screen | Re-state the playbook. Do not freestyle. |

## What to say instead of placing

Useful responses when sitting:

- "Regime mixed and clock past 15:00. Recommending flat. Next check at tomorrow's open map."
- "Sweep reclaim distance kills R:R versus the posted TP. Waiting for retest or skipping."
- "Daily soft win stop reached. Stop adding. Manage or flatten only."
- "Account is not agentic_allowed. Research only. No place/cancel."

Tone matters: firm, brief, logged. Sitting is not an apology.

## Guardrails outside the chat

Sitting on your hands fails if the only brake is mood. Put brakes **outside** the conversation:

- Per-trade notional and funded Agentic wallet size
- Daily loss / soft win stops
- Hard flat clock (e.g. 15:55 ET afternoon; 11:00 ET morning OR)
- Confirm-before-place until the rules are stable
- Kill path: cancel working orders + disconnect MCP

See the [Robinhood MCP guardrails](/resources/robinhood-mcp) and the full [scalp playbook](/resources/agentic-trading-playbook). Sanitized session stories live under [Evidence](/evidence).

## Related

- [Why Soyhands: Sitting on Your Hands](/resources/sitting-on-your-hands)
- [Robinhood Trading MCP](/resources/robinhood-mcp)
- [Equity Scalp Playbook](/resources/agentic-trading-playbook)
- [Evidence](/evidence)
- [Resources index](/resources)

## Disclaimer

Educational only. Not an offer to buy or sell securities. Quotes can be misread and constraints can be missed. You are responsible for every order placed in your accounts. This site is not a broker-dealer and is not affiliated with Robinhood.

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# Robinhood Trading MCP
URL: https://www.soyhands.com/resources/robinhood-mcp
Markdown: https://www.soyhands.com/resources/robinhood-mcp.md
Updated: 2026-07-28
Summary: What Robinhood's Trading MCP is for: research, scanners, watchlists, orders on a dedicated Agentic account, and practical desk guardrails.

Educational resource. Not financial advice. Not affiliated with Robinhood Markets, Inc. Agentic trading involves risk of loss.

## Summary

Robinhood's **Trading MCP** (`https://agent.robinhood.com/mcp/trading`) lets MCP clients (Claude, Cursor, ChatGPT, Codex, Grok, and others) read Robinhood account data and place supported orders inside a **dedicated Agentic account**. Primary brokerage accounts stay **read-only** for place/cancel.

Use it as desk-side research and a bounded Agentic order path. It is learning and process tooling, not a promise of full-account automation.

## What people use Robinhood MCP for

1. **Portfolio and risk Q&A:** balances, positions, order history, realized P&L.
2. **Market research:** quotes, fundamentals, technical indicators, earnings calendar, options chains (where eligible).
3. **Scanners and watchlists:** saved liquid-gainer / power-hour screens; organize names for a session.
4. **Confirmed Agentic equity (and eligible options) orders:** `review_*` then `place_*` / `cancel_*` only on accounts with `agentic_allowed=true`.
5. **Guarded scalp sessions:** short RTH windows with hard flat times, size caps, and written entry/exit rules (see the [Equity Scalp Playbook](/resources/agentic-trading-playbook)).

## Account model

- **Read:** May read accounts the OAuth session exposes
- **Place / cancel:** Only accounts with `agentic_allowed=true`
- **Funding:** Agentic wallet is separately funded; that balance is the loss cap
- **Masking:** User-facing prose should show account last-4 only; pass full account numbers from `get_accounts` into tools
- **Buying power:** Use `get_portfolio`, not `get_accounts`

## Tool groups

- **Read:** accounts, portfolio, equity/option positions & orders, tax lots, realized P&L / trade history, quotes, price book, historicals, fundamentals, technicals, indexes, options, earnings
- **Screen / organize:** saved scanners, equity/index/crypto watchlists, options watchlist
- **Trade:** `review_equity_order` / `review_option_order` then `place_*` / `cancel_*`. Confirm with the operator first unless a pre-authorized automation path is explicit.
- **Out of scope for most clients:** futures still require the Robinhood app

## Guardrails that matter

1. Confirm before writes (watchlist mutate, scan create, place, cancel) unless the operator pre-authorized a bounded session.
2. Never invent `account_number`. Resolve via `get_accounts`. Never silently default when multiple accounts exist.
3. Skip place/cancel when `agentic_allowed` is false.
4. Prefer review tools before live place. Show quotes and order preview to the operator.
5. Bound risk outside the chat: per-trade notional, daily loss stop, hard flat clock, kill switch (disconnect MCP / cancel working orders).
6. Log decisions in a durable ledger you can re-read next session.

## What Robinhood officially suggests

Robinhood's Agentic Trading overview lists example prompts such as:

- Build thematic portfolios from news and industry reports
- Automate simple rules (e.g. buy a fixed dollar amount after a daily drop)
- Rebalance to target weights
- Analyze portfolio risk and build bull/bear theses from quotes + sentiment

Those are starting points. Desks that keep expectancy usually replace open-ended prompts with a **written playbook** (screen → trigger → size → TP + cut → flat time). This site calls that muscle [sitting on your hands](/resources/sitting-on-your-hands). See [when the desk should sit](/resources/when-the-agent-should-sit). Field notes: [Evidence](/evidence).

## Public writeups vs field practice

Most public articles cover **setup and safety** (OAuth, Agentic account, per-trade caps). Fewer publish session-level entry and exit rules. This site publishes a sanitized [field playbook](/resources/agentic-trading-playbook): liquid gainers, sweep-reclaim entries, size-up checklists, and common mistakes (MAE parked in liquidity sweeps, midday ladders without cuts, mid-reclaim fake R:R). Options structures (steady income vs strong reward, cash-first choices, **MCP single-leg workarounds** for defined risk): [Options map](/resources/agentic-options-map).

## FAQ

### What is the Robinhood Trading MCP URL?

`https://agent.robinhood.com/mcp/trading`. Streamable HTTP MCP. Authenticate via Robinhood OAuth on desktop.

### Can this trade my main Robinhood account?

No. Place/cancel is restricted to the Agentic account (`agentic_allowed=true`). Other accounts remain read-only for this MCP connection.

### What should I set before the first live order?

Per-trade notional, daily loss stop, approval vs auto-execute policy, hard flat time, and a kill phrase / MCP disconnect path.

## Related

- [Why Soyhands: Sitting on Your Hands](/resources/sitting-on-your-hands)
- [When the Desk Should Sit](/resources/when-the-agent-should-sit)
- [Equity Scalp Playbook](/resources/agentic-trading-playbook)
- [Options map for Agentic experiments](/resources/agentic-options-map)
- [Wheel desk notes](/resources/agentic-wheel-desk)
- [Evidence](/evidence)
- [Resources index](/resources)
- [Robinhood Agentic Trading overview](https://robinhood.com/us/en/support/articles/agentic-trading-overview/)

## Disclaimer

Educational only. Trading equities and options involves substantial risk of loss. Quotes can be misread, constraints can be missed, and context can go stale. You are responsible for all orders placed in your accounts. This site is not a broker-dealer and is not affiliated with Robinhood.

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# Equity Scalp Playbook
URL: https://www.soyhands.com/resources/agentic-trading-playbook
Markdown: https://www.soyhands.com/resources/agentic-trading-playbook.md
Updated: 2026-07-28
Summary: A field playbook for Robinhood Agentic equity scalps via MCP: liquid-gainer screens, sweep-reclaim entries, size rules, hard flat times, and common mistakes.

Educational resource. Not financial advice. Example parameters are illustrative desk defaults, not a performance guarantee. Agentic trading can lose the entire funded wallet.

Companion: [Robinhood Trading MCP](/resources/robinhood-mcp)

## Goal

Positive-expectancy **small equity scalps** on a Robinhood **Agentic** account using the Trading MCP, with a written screen, trigger, size, take-profit, and cut **before** every entry. Most of the session is [sitting on your hands](/resources/sitting-on-your-hands); see the [sit list](/resources/when-the-agent-should-sit) and [Evidence](/evidence) field notes.

This playbook is for **desk-side Agentic sessions** on Robinhood. Share it as learning and process notes, not as a full-account automation promise.

## Hard rules

1. **Account:** place/cancel only when `agentic_allowed=true`.
2. **Default window:** prefer **14:30-15:55 ET** continuation / EOD. Avoid new risk before **14:00** unless a Tier-A exception clears.
3. **Max live ideas:** **2** concurrent (prefer **1** when the first name has extreme relative volume).
4. **Size:** example default **$500-750** notional per name; size up only via the checklist below. Example daily loss stop **−$40**; daily win soft stop **+$40** (stop adding). Scale these to your wallet.
5. **No overnight** except an intentional after-hours penny take-profit a few cents above cost: cancel unfilled stretch targets by evening.
6. **Every long needs both** profit limit(s) **and** a cut (time and/or structural invalidation beyond the sweep). Ladders alone are invalid.
7. **No hard stops parked in liquidity sweeps.** Obvious stop clusters (opening-range low, prior 5m swing low, round-number shelves) are **entry / add zones**, not MAE parking spots. Protective cuts go **beyond** the swept low.
8. **Buy the sweep, not the mid-reclaim.** If entry distance to the true swept low is much larger than the take-profit, skip or wait for a retest: do not invent a nearer shelf to fake R:R.
9. **Review → confirm → place.** Disclose quotes on review. Prefer marketable limits over blind markets.

## Setup filter

### Step 0: Trend of day

Classify from SPY + QQQ vs prior close and session VWAP:

- **Bull day**: Both green vs prior close and at least one above VWAP → long-only continuation / late push
- **Bear day**: Both red vs prior close and at least one below VWAP → relative-strength Regime D/A longs only, or flat
- **Mixed / chop**: Split signs or oscillating around VWAP → prefer flat after 15:00 unless Tier-A

### Step 1: Liquid prefilter (scanner)

On bull / mixed days, refresh a liquid gainer scan:

- Common stock; day change **> ~3%**; relative volume **> ~1.5**
- Average volume (10) **> ~1M**; last roughly **$8-80**; market cap **> ~$1B**

On bear days, mirror with liquid losers. Prefer **relative volume** as the primary sort after the liquid gate: raw % change overweight already-extended names.

### Step 2: Time-of-day post-filter (after 14:30)

- **14:30-15:00**: Prefer pullback/reclaim (Regime A); price > VWAP; 5m RSI ~50-68; MACD hist ≥ 0 or improving. Demote RSI>70 extending; day>12% without Tier-A.
- **15:00-15:25**: Prefer late push (Regime B): fresh 5m RVOL, reclaim prior 5m high, price > VWAP. Demote soft volume / MACD flip / no reclaim by 15:25.
- **15:25-15:55**: Manage opens only; no fresh idea scans.

**Hard rejects (any window):** earnings today / next AM; chaotic spreads; rank-chase without trigger; same-day re-entry after a stop-out; day move >12% unless RVOL extreme and RSI not extended.

## Entry triggers (must pass one)

- **A: Continuation**: Pullback ≤ ~0.4× 5m ATR then hold / reclaim last 5m high. Skip if RSI(5m)>70 and still extending.
- **B: Late push**: Fresh RVOL expansion after 15:00 with price > session VWAP. Skip into resistance / tired RSI.
- **C: Tier-A (pre-14:00)**: Extreme RVOL, strong day %, RSI mid-band, tight spread. Otherwise flat until 14:30.
- **D: Sweep reclaim**: Liquidity grab through OR / prior 5m swing / round shelf, then hold & reclaim: **buy the sweep**. Skip if sweep fails reclaim.

No trigger → **no trade**, even if the scanner ranks the name highly.

### Liquidity-sweep placement

- Map before entry: opening-range high/low (first 15m), last 1-2 swing lows on 5m, nearby round numbers, session VWAP.
- Prefer **limit buys** resting at / just above the sweep after a reclaim print: not a chase into the spike.
- Do **not** put the working cut at that same level. Sweeps exist to take those stops.
- Morning ~09:45 window: default Regime **D** (or A after a clean reclaim).

## Size

### Default

Example desk default: **$500-750** notional for any name that clears gates (including soft MACD miss, micro-ATR, midday relative-strength). Soft signals → stay at default or skip.

### Size-up checklist (all required)

Bump modestly (example **1.25-1.5×**, capped until sample grows) only when **every** gate is green:

1. MACD histogram **≥ 0** (hard; no soft miss)
2. Price **> VWAP** with clear cushion
3. RSI(5m) roughly **52-65**
4. RVOL **≥ 1.5** (prefer ≥ 2.0)
5. Regime **D or A** written: buy at/near sweep; structural cut **beyond** true sweep; risk roughly **≤ 1.5-2×** take-profit
6. Spread acceptable
7. Window **14:30-15:25** **or** morning clean Regime D / Tier-A
8. Take-profit distance is meaningful in dollars (not micro-ATR noise)
9. No earnings today / next AM

**Never size up** to recover a loser or because RVOL alone looks loud (especially earnings movers).

## Exit rules

### Profit

- Default: single take-profit near **~0.4-0.6× 5m ATR** above fill.
- Optional 2-rung ladder only on Tier-A / extreme RVOL.
- Avoid 3-rung ladders until the session is already green and an MAE plan is live.

### Cut (pick at entry; write it down)

- **Time (default)**: Flat by **T+45m** or **15:55 ET**, whichever first
- **Structural**: 5m **close** beyond the swept trigger / OR low → exit. A wick alone is the sweep, not the cut.
- **MAE (rare)**: Only if a clear shelf exists **under** the sweep. Never park MAE at OR / swing / round liquidity.

If take-profit 1 fills and the residual is red vs entry → do not hold the residual past the time stop.

## Session checklist

- Confirm Agentic buying power; confirm flat book
- Scan + earnings check; no entries before 14:00 unless Tier-A / Regime D
- ~14:25: re-scan; pick ≤2 names with written trigger, size, TP, cut, sweep map
- Review → confirm → place; attach TP; watch cut clocks
- ~15:50 cancel stretch targets; **15:55 hard flat**
- Log fills for next session's lessons

## Decision tree

```
Screen name
 ├─ map sweep levels: buys go there; stops do NOT
 ├─ Tier-A metrics clear at any time? → still need a trigger
 ├─ time < 14:00 and not Tier-A / sweep-reclaim? → SKIP
 ├─ no pullback / reclaim / VWAP / sweep trigger? → SKIP
 ├─ enter (prefer limit at sweep reclaim)
 │ → TP(~0.5×ATR) + time≤45m
 │ + invalidation = close beyond swept low
 └─ at cut → cancel TPs → sell → stop adding if daily loss stop hit
```

## Anti-patterns

- Midday ladder farms without cuts
- “Monitor and hope” into the close after MAE already exceeds TP1 distance
- Size-up to recover a loser
- Size-up on soft MACD, mid-reclaim, or micro-ATR
- Trading non-agentic accounts via MCP
- Hard stops parked in liquidity sweeps
- Chase entries into RSI>70 extension when a sweep limit is available
- Inventing a nearer shelf so paper R:R looks fine when true sweep risk is much larger than TP

## Living lessons (pattern language)

- **MAE in the sweep**: Protective cuts sitting in the liquidity grab get hunted: place orders at the sweep, cuts beyond it
- **Mid-reclaim ≠ Regime D**: Buying halfway up the reclaim with a fake near shelf destroys true R:R
- **Size-up = full stack**: Soft MACD or micro-ATR winners stay at baseline size

## Morning Opening Range variant

Same hard rules with a shorter clock:

- Premarket liquid gapper / gainer screen
- Map opening range **09:30-09:45 ET**
- Prefer Regime **D** sweep-reclaim after 09:45
- Hard flat by **11:00 ET**
- Share the same daily loss / soft win stops across morning and afternoon sessions

## FAQ

### Does this playbook guarantee profits?

No. It encodes risk rules and filters that improve desk discipline. Markets change; sample sizes stay small.

### Can I run this fully unattended?

Only if you explicitly enable auto-execute **and** enforce hard caps outside the chat (wallet size, daily stop, flat clock). Prefer confirm-before-place until the session rules are stable.

### How does this relate to Robinhood's example prompts?

Robinhood's examples are open-ended. This playbook replaces them with a closed decision tree you can follow without inventing risk rules mid-trade.

## Related

- [Why Soyhands: Sitting on Your Hands](/resources/sitting-on-your-hands)
- [When the Desk Should Sit](/resources/when-the-agent-should-sit)
- [Robinhood Trading MCP](/resources/robinhood-mcp)
- [Evidence](/evidence)
- [Resources index](/resources)
- [Robinhood Agentic Trading overview](https://robinhood.com/us/en/support/articles/agentic-trading-overview/)

## Disclaimer

Educational only. Not an offer to buy or sell securities. Past patterns are not future results. You are responsible for every order placed in your accounts. This site is not a broker-dealer and is not affiliated with Robinhood.

────────────────────────────────────────
# Equity Scalp Desk Notes
URL: https://www.soyhands.com/resources/agentic-scalp-desk
Markdown: https://www.soyhands.com/resources/agentic-scalp-desk.md
Updated: 2026-07-28
Summary: Newest-first index of daily equity scalp desk logs: scanner runs, gate checks, plans, sits, and links to Evidence day logs.

Educational resource. Not financial advice. Example parameters are illustrative desk defaults. Agentic equity trading can lose capital. Not affiliated with Robinhood Markets, Inc.

# Equity Scalp Desk Notes

Living index of **daily equity scalp desk logs** (OR + EOD) on a Robinhood Agentic account via Trading MCP. Full day narratives live under Evidence; this page is the newest-first headline board.

Skip and sit are publishable outcomes: see [Sitting on your hands](/resources/sitting-on-your-hands) and the [sit list](/resources/when-the-agent-should-sit).

**New here?** OR means a morning trade built around the first 15 minutes after the market opens. EOD means a separate afternoon trade window. A **sit** means the setup did not appear, so the desk placed no trade. Terms on this page are also defined in the [glossary](/glossary).

## Playbook (short)

| Rule | Default |
|------|---------|
| Window | Morning OR **09:45-11:00**; afternoon EOD **14:30-15:55** ET |
| Size | Example **$500-750** notional; size-up only on full checklist |
| Trigger | Write the entry, profit target, and “idea is wrong” level before placing an order |
| Cut | Exit when price proves the setup wrong; do not hide a stop inside the expected shakeout |
| Flat | Hold no equity scalp after **11:00** (morning) or **15:55** (afternoon) |

Field playbook: [Equity Scalp Playbook](/resources/agentic-trading-playbook). 
Recording standard (scanner to analysis to action): Evidence posts come from the internal session ledger.

## Desk ledger

Newest first. Each row links the full day trade log.

### 2026-07-28: Equity sit; Wheel cycle closed (separate sleeve)

[Full desk log](/evidence/desk-log-2026-07-28)

- Regime: SPY slightly red, QQQ softer; morning indexes below VWAP
- Morning OR: both liquid scans **zero matches**; **sit** through mid-morning, no equity fill
- Separate Wheel sleeve: first full cycle closed on **T** (half-credit buy-to-close). See [Wheel desk](/resources/agentic-wheel-desk)
- Afternoon EOD: not yet run

### 2026-07-27: Bear day sit in both equity windows

[Full desk log](/evidence/desk-log-2026-07-27)

- Regime: SPY/QQQ red under VWAP; cash / RS-only bias
- Morning OR: **sit** through 11:00 ET, no equity fill
- Afternoon EOD: liquid-gainer scan (QBTS, JBS, RYAN) all rejected; no written trigger
- Afternoon result: **sit** through 15:55 ET, no equity fill
- Separate midday job: **hold** open [**T**](/evidence/symbols/T) Wheel put (see [Wheel desk](/resources/agentic-wheel-desk))

### 2026-07-24: Sat in both equity windows

[Full desk log](/evidence/desk-log-2026-07-24)

- Morning: no premarket gappers passed the scan; [**EW**](/evidence/symbols/EW) fell below the planned level and did not recover it
- Morning result: **sit** through 11:00 ET, with no equity fill
- Afternoon: earnings, wide spreads, or failure to recover VWAP rejected the shortlist
- Afternoon result: **sit** through 15:55 ET, with no equity fill
- Separate midday job: first Wheel cash-secured put on [**T**](/evidence/symbols/T) (see [Wheel desk](/resources/agentic-wheel-desk))

### 2026-07-23: Bear RS day: 4 plans, late sit

[Full desk log](/evidence/desk-log-2026-07-23)

- Regime: SPY/QQQ red under VWAP: RS Regime D/A only
- Live: [IREN](/evidence/symbols/IREN) (TP); [CLSK](/evidence/symbols/CLSK) (structural cut: mid-reclaim mistake); [JHX](/evidence/symbols/JHX) (TP, soft MACD); [HUT](/evidence/symbols/HUT) (TP)
- Late power hour: empty RSI/MACD scan, so **sit** through 15:55
- Lesson: mid-reclaim ≠ Regime D; size-up only on full stack

### 2026-07-21: Bull day: fail-closed arms, late SBRA TP

[Full desk log](/evidence/desk-log-2026-07-21)

- Midday [BANC](/evidence/symbols/BANC) MAE, then same-day re-entry ban held
- Power-hour scanner upgrade (RVOL + RSI/MACD gates, not %Δ sort)
- EGO / HBM / [SBRA](/evidence/symbols/SBRA) 15:20 / TSM: **fail closed** sits
- Late SBRA TP after false-start; [BA](/evidence/symbols/BA) hard-flat cleanup
- Lesson: review ≠ place; lost holds do not get chased
- Also: [HPE](/evidence/symbols/HPE) lesson page covers the Jul 22 MAE-in-sweep rule that followed

## FAQ

**Is this a trade signal?** 
No. These are educational process logs. They are not recommendations to buy or sell any security.

**Where is the detail?** 
Open the linked Evidence **Desk log** for that date: scanners, gate tables, plans, exits, and lessons.

**What about wallet P&L?** 
We publish exit class and process outcomes, not personal dollar track records. See [Session stories without the ledger](/evidence/session-stories-without-the-ledger).

## Related

- [Equity scalp playbook](/resources/agentic-trading-playbook)
- [Wheel desk notes](/resources/agentic-wheel-desk)
- [Options map for Agentic experiments](/resources/agentic-options-map)
- [Sitting on your hands](/resources/sitting-on-your-hands)
- [When the desk should sit](/resources/when-the-agent-should-sit)
- [Robinhood MCP](/resources/robinhood-mcp)
- [Evidence](/evidence)

## Disclaimer

Educational only. Not an offer to buy or sell securities. Past patterns are not future results. You are responsible for every order placed in your accounts. This site is not a broker-dealer and is not affiliated with Robinhood. See [/disclaimer](/disclaimer).

────────────────────────────────────────
# Wheel Desk Notes
URL: https://www.soyhands.com/resources/agentic-wheel-desk
Markdown: https://www.soyhands.com/resources/agentic-wheel-desk.md
Updated: 2026-07-28
Summary: Sanitized cash-secured put / covered call desk ledger: completed cycles, published skips, earnings gates, collateral fits, and Option Alpha-style Wheel defaults via MCP.

Educational resource. Not financial advice. Example parameters are illustrative. Agentic options trading can lose capital, including assignment into 100-share stock risk. Not affiliated with Robinhood Markets, Inc.

# Wheel Desk Notes (Sanitized Skips & Setups)

Living ledger of **cash-secured put / covered call** desk decisions on a Robinhood Agentic account via Trading MCP. **Skip is a publishable outcome**: see [Sitting on your hands](/resources/sitting-on-your-hands).

**New here?** A cash-secured put pays a credit now while reserving enough cash to buy 100 shares at a chosen price. If assigned, you buy the shares. The Wheel may then sell a covered call against those shares. Read [Wheel capital](/resources/wheel-capital) before treating the credit as income.

## Playbook (short)

| Rule | Default |
|------|---------|
| Structure | Sell a cash-secured put, then possibly receive 100 shares, then possibly sell a covered call |
| Time to expiration | Usually 30-45 days when opened |
| Strike selection | Usually about 0.20-0.30 delta, with a price we are willing to pay for the shares |
| Exit | Buy back near 50% of the original credit, or review by 21 days before expiration |
| Timing | Scout after the open settles; live mid-morning |
| Hard skip | Earnings before expiration; too much cash required; strongly falling market |

Trading MCP places one option leg at a time. Multi-part spreads and iron condors are not placed as one order through this tool. Capital: [Wheel capital](/resources/wheel-capital). Other structures and tool limits: [Options map](/resources/agentic-options-map).

## Desk ledger

Newest first.

### 2026-07-28: First Wheel cycle closed (T half-credit BTC)

[Full desk log](/evidence/desk-log-2026-07-28).

- **Completed cycle:** the July 24 **T** September **$22** cash-secured put (about **$0.27** credit) was **bought back near $0.14** at 10:19 ET when the mark hit the half-credit rule.
- Collateral freed. Starter slot open again. No assignment into shares (Path A in [Wheel capital](/resources/wheel-capital)).
- **SKIP** a replacement put the same morning. SPY and QQQ were both red vs the prior close and below session VWAP. Several willing-to-own names sat in an earnings print window (**F**, **SOFI**, **HOOD**, **RIVN**).
- Action: **close the winner, stay flat on new short premium.** Freeing the slot is not a refill signal on a soft tape.

### 2026-07-27: Manage day, no new CSP

[Full desk log](/evidence/desk-log-2026-07-27).

- **SKIP** a second cash-secured put. The open **T** September **$22** put from July 24 still occupies the starter slot (one short put at a time).
- Midday manage window (through 14:15 ET): the put stayed open; the live mid was about **$0.175**, still above the rough **$0.14** half-credit buyback level, with about **53 days** left (not yet in the 21-day review band).
- Action: **hold**. No buy-to-close. No new short premium. The open put carries into the next session.
- Scheduled automation had an auth hiccup before the live window; later ticks re-checked the broker and kept the same hold rule.

### 2026-07-24: First cash-secured put on T

[Full desk log](/evidence/desk-log-2026-07-24). [Symbol notes](/evidence/symbols/T)

- The first candidate list failed because earnings were too close or one contract required too much cash
- Later fill: one **T** cash-secured put, expiring **September 18, 2026**, with a **$22** strike and about **$0.27 per share** of credit
- One contract received about **$27 before fees** and reserved **$2,200** to cover possible assignment
- If assigned, the effective share cost is about **$21.73 before fees**
- Plan: buy the put back near **$0.14**, or review by 21 days before expiration; no second short put while this one is open
- **Outcome (2026-07-28):** bought back near half credit. Cycle closed. See [today's Wheel ledger](/resources/agentic-wheel-desk) and [desk log](/evidence/desk-log-2026-07-28)
- The [full desk log](/evidence/desk-log-2026-07-24) explains the maximum reward, stock downside risk, locked cash, and likely days-versus-weeks paths

The $27 credit is the maximum reward, not the maximum loss. Assignment creates the risk of owning 100 falling shares.

## FAQ

**What is the Wheel setup?** 
A cash-secured put may turn reserved cash into 100 shares. If assigned, a covered call may be sold against those shares. This desk usually opens with 30-45 days remaining and buys the put back near half the original credit or by the 21-day review point.

**When does the agent sit?** 
When every willing-to-own name fails a hard gate: especially earnings inside the short option life, collateral that does not fit the starter band, or a strong bear tape for new CSPs. Those skips are published here.

**Is this a trade signal?** 
No. Entries are educational process logs. They are not recommendations to buy or sell any security.

## Related

- [Wheel capital & timelines](/resources/wheel-capital)
- [Options map for Agentic experiments](/resources/agentic-options-map)
- [Sitting on your hands](/resources/sitting-on-your-hands)
- [When the agent should sit](/resources/when-the-agent-should-sit)
- [Robinhood MCP](/resources/robinhood-mcp)
- [Equity scalp playbook](/resources/agentic-trading-playbook)
- [Evidence field notes](/evidence)

## Disclaimer

Educational only. Not an offer to buy or sell securities. Past patterns are not future results. You are responsible for every order placed in your accounts. This site is not a broker-dealer and is not affiliated with Robinhood. See [/disclaimer](/disclaimer).

────────────────────────────────────────
# Options Map for Agentic Experiments
URL: https://www.soyhands.com/resources/agentic-options-map
Markdown: https://www.soyhands.com/resources/agentic-options-map.md
Updated: 2026-07-24
Summary: Steady income versus strong reward on a Robinhood Agentic book: CSP, long options, covered calls, MCP single-leg workarounds for defined risk, and how to stay in cash if you do not want stock.

Educational resource. Not financial advice. Example parameters are illustrative. Options can lose money quickly, including total loss of premium paid or assignment into stock. Not affiliated with Robinhood Markets, Inc.

# Options Map for Agentic Experiments

A plain map of **what this desk can try** on a Robinhood **Agentic** cash book via Trading MCP, what belongs in the **Robinhood app** instead, and how to choose between **steady income** and **strong reward** without pretending they are the same product.

This page is also where we document **MCP learning**: what the tool can place today, what we approximate with extra single-leg orders, and what we still leave to the app.

Desk notes: [Wheel desk](/resources/agentic-wheel-desk), [Scalp desk](/resources/agentic-scalp-desk), [Evidence desk logs](/evidence). Capital locks: [Wheel capital](/resources/wheel-capital).

## Desk constraints (start here)

| Constraint | What it means |
|------------|----------------|
| **Agentic cash book** | No naked margin shorts; cash-secured puts need cash equal to strike × 100 |
| **Options Level 2** | Long calls/puts, cash-secured puts, covered calls are in scope on the account |
| **Trading MCP** | **Single-leg** place/cancel only. True multi-leg tickets (spreads, condors) are **not** placeable on this MCP path yet |
| **Starter rule** | Prefer **one** open short put at a time; keep an equity scalp sleeve free |

Multi-leg “defined risk” income with efficient collateral usually needs the **RH app**. Below we also cover a **two-order MCP workaround** and its costs.

## Two jobs: steady earnings vs strong reward

| Job | What you optimize for | Typical tools | Honest trade-off |
|-----|------------------------|---------------|------------------|
| **Steady earnings** | Small, repeatable credits; rules over drama | CSP, covered call, (app) credit spreads / condors | Capped win. Cash can lock. Stock ownership is possible |
| **Strong reward** | Asymmetric upside if the thesis is right | Long call / long put, debit spreads (app), equity | Many ideas expire worthless or stop out. Not a paycheck |

Mixing the jobs in one ticket is how people get confused. A CSP is **rent for downside risk**, not a savings account and not a call on a moonshot.

## Strategy map (experiments)

### A. Live on this MCP desk today

| Strategy | Job | Own stock? | Liquidity while open | Pros | Cons |
|----------|-----|------------|----------------------|------|------|
| **Cash-secured put (CSP)** | Steady | Only if assigned | Locks strike × 100 | Clear rules; theta can help; assignment is planned | Capped credit; crash loss ≫ premium; cash locked |
| **CSP, manage early** | Steady, cash-first | Avoid if you BTC before assign | Same lock until BTC | Keeps the Wheel optional; frees cash on ~50% / ≤21 DTE | Pin / ITM risk still exists near expiry |
| **CSP + long lower put** (two tickets) | Steady, capped crash | Less likely as the default | Often still locks short-strike cash **plus** long-put debit | Caps economic downside vs naked CSP | Leg risk; usually worse capital than an app spread |
| **Covered call (CC)** | Steady | **Yes** (need 100 shares) | Capital sits in stock | Income on shares you already hold | Upside capped; overnight stock risk |
| **Long call** | Strong reward | No | Debit only (premium paid) | Upside without buying 100 shares | Can lose 100% of debit; timing matters |
| **Long put** | Strong reward / hedge | No | Debit only | Pays if the stock falls hard | Often decays; not “income” |
| **Equity scalp** | Tactical | Briefly | Flexible | Full stock P&L; no CSP lock | Different playbook; hard flat clocks |

Field notes: [Equity scalp playbook](/resources/agentic-trading-playbook), [Wheel desk](/resources/agentic-wheel-desk).

### B. App / higher-level track (not MCP place yet)

| Strategy | Job | Own stock? | Why people use it | Watch-outs |
|----------|-----|------------|-------------------|------------|
| **Put credit spread** | Steady | Usually no | Defined risk; collateral ≈ width, not full strike | Smaller credit than naked CSP; still can lose the width |
| **Call credit spread** | Steady / mild bear | No | Collect premium with a ceiling | Needs a real thesis; not free money |
| **Iron condor** | Steady “range” | No | Profit if price stays quiet | Loses on big moves either way |
| **Debit call / put spread** | Strong reward, cheaper | No | Caps loss vs naked long option | Caps win too |

Document experiments here when the desk actually runs them. Until then, this table is a **menu**, not a live session log.

## MCP learning: fake multi-leg with separate orders

Trading MCP places **one leg per order**. Robinhood’s own MCP notes say multi-leg structures belong in the **apps**, and stock+option “combo” orders are not supported on this path.

That still leaves a useful experiment: **place two (or more) single-leg orders** that together look like a spread.

### Synthetic put credit spread (short put + long put)

| Step | Order | Role |
|------|-------|------|
| 1 | **Sell** cash-secured put at strike A | Collect credit; willing to buy shares at A |
| 2 | **Buy** put at lower strike B (same expiry, same size) | Cap how bad a crash can get |

Illustrative shape: short **$22** put, long **$20** put. Width is **$2**. Rough economic max loss on the package is on the order of **width minus net credit** (about **$200** per package before fees), not “stock to zero on full short-strike cash.”

| | True app put credit spread | Two MCP single-leg orders |
|--|----------------------------|---------------------------|
| Ticket | One multi-leg order | Two separate orders |
| Fill risk | Legs usually fill together | **Leg risk:** one fills, the other misses or slips |
| Crash cap | Yes (defined width) | Yes **if** both legs are on |
| Cash on Agentic | Often collateral ≈ width | Cash CSP may still lock **strike A × 100**, and you also **pay** for the long put |
| Desk fit | Best when you want defined risk **and** free capital | Experiment when you accept worse liquidity for a hedge |

**Do not confuse:** selling a put and separately selling a call is not this hedge. It is a different risk book.

### Downside controls that do not need a second leg

These are the default Agentic Wheel controls today. They shrink the largest loss by **exiting**, not by hedging:

1. **Profit BTC** near ~50% of credit (free collateral early)
2. **Time BTC** by ≤21 DTE (avoid expiry-week pin theater)
3. **Defense BTC** if the put mark blows out as the stock cracks toward the strike (take a small loss vs sit into a hole)
4. **Size and strike** (one contract; OTM delta band; skip earnings)
5. **Resting buy-to-close** after fill (limit near half credit) so manage is mechanical

For crash risk **and** efficient capital, prefer a **real put credit spread in the RH app**. For crash risk **on MCP today**, the two-order synthetic is the honest workaround, with leg risk and possible full CSP lock documented up front.

### Experiment status (desk)

| Idea | Status on this desk |
|------|---------------------|
| Naked CSP + 50% / 21 DTE manage | **Live** (see [Wheel desk](/resources/agentic-wheel-desk), [2026-07-24 log](/evidence/desk-log-2026-07-24)) |
| Defense BTC / resting BTC as rules | Playbook-compatible; publish when a session uses them |
| Synthetic short+long put via two MCP orders | **Documented menu**; not yet a published live experiment |
| App multi-leg put credit spread | **Future track** (better capital for defined risk) |

When we run a synthetic or app-spread session, it lands in Evidence that day and gets a headline on the Wheel desk index.

## If you want cash liquidity (and do not want stock)

Assignment is the middle of a classic Wheel. It is **not** failure in that playbook. It **is** a problem if your real goal is “keep buying power in cash.”

Practical ladder:

1. **Do not sell puts you refuse to own.** Willing-to-own is the first gate.
2. **CSP with hard manage:** buy to close near **~50% of credit** or by **≤21 DTE**. Do not milk into expiry week if shares are unacceptable.
3. **Defense BTC** if the short put mark blows out before assignment week.
4. **Prefer defined-risk put credit spreads in the app** when you want income **without** full strike collateral and without assignment as the default path.
5. **Optional MCP experiment:** add a long lower put (two tickets) knowing cash may still stay locked on the short strike.
6. **Use long options (or debit spreads)** when the idea is directional: you risk premium, not “become a shareholder by force.”
7. **Skip covered calls** if you are trying to stay in cash. They start from stock.

Pin risk remains near expiry if a short put finishes ITM. Cash-first still means **watching the clock**, not ignoring it.

## Failure mode vs favorable path (CSP example)

**Costs money:** stock gaps or trends well below the short strike. You get assigned into a drawdown that can dwarf the credit you collected. Premium was rent for that risk, not a free upgrade to idle cash.

**Turns favorable:** stock holds or rises, volatility calms, put mark falls toward ~half credit. You buy to close, keep most of the credit, and unlock collateral. A rip far above the strike is great for the **put seller**, but you still only keep the credit. You do not own the moonshot.

**With a long lower put on:** the crash path is capped near the width, but you paid for that insurance and may still have short-strike cash locked until the short put is closed.

More capital timing detail: [Wheel capital & timelines](/resources/wheel-capital). First live CSP framing: [Desk log 2026-07-24](/evidence/desk-log-2026-07-24).

## How we publish experiments

| Surface | What goes there |
|---------|-----------------|
| [Evidence desk logs](/evidence) | Day narrative: scanners, gates, sits, fills, lessons (sanitized) |
| [Wheel desk](/resources/agentic-wheel-desk), [Scalp desk](/resources/agentic-scalp-desk) | Newest-first headlines |
| This page | Strategy map, MCP limits, synthetic multi-leg learning, cash-first choices |
| [Wheel capital](/resources/wheel-capital) | What locks, for how long, assignment path |
| [Robinhood Trading MCP](/resources/robinhood-mcp) | What the tool is for, review → place guardrails |

Skip and sit remain publishable outcomes. See [Sitting on your hands](/resources/sitting-on-your-hands) and [When the desk should sit](/resources/when-the-agent-should-sit).

## FAQ

**Is this a signal list?**  
No. It is an educational map of structures the Agentic experiments may use. Nothing here is a recommendation to buy or sell any security.

**Why not automate spreads tomorrow?**  
Trading MCP on this desk is single-leg today. True multi-leg tickets belong in the app track until that changes.

**Can we fake a multi-leg on MCP anyway?**  
Yes: two single-leg orders (for example short put + long lower put). That can cap crash risk. It does not remove leg risk, and on a cash CSP book it often does **not** free the full short-strike collateral the way an app spread can.

**What is the simplest control without a second leg?**  
Manage and defense buy-to-close rules, plus size and earnings gates. Exit early beats hoping the hole fills.

**Can I do “strong reward” and “steady earnings” on the same small book?**  
Yes as **separate sleeves** with separate rules. No as one confused ticket that wants paycheck income and lottery upside at once.

## Related

- [Wheel capital & timelines](/resources/wheel-capital)
- [Wheel desk notes](/resources/agentic-wheel-desk)
- [Equity scalp playbook](/resources/agentic-trading-playbook)
- [Equity scalp desk notes](/resources/agentic-scalp-desk)
- [Robinhood Trading MCP](/resources/robinhood-mcp)
- [When the desk should sit](/resources/when-the-agent-should-sit)
- [Evidence](/evidence)
- [Glossary](/glossary)
- [Disclaimer](/disclaimer)

## Disclaimer

Educational only. Not an offer to buy or sell securities. Past patterns are not future results. You are responsible for every order placed in your accounts. This site is not a broker-dealer and is not affiliated with Robinhood. See [/disclaimer](/disclaimer).

────────────────────────────────────────
# Wheel Capital & Timelines
URL: https://www.soyhands.com/resources/wheel-capital
Markdown: https://www.soyhands.com/resources/wheel-capital.md
Updated: 2026-07-24
Summary: What short-premium locks: collateral sleeves, how long cash is tied up, assignment into stock, and why frequent Wheel work needs more capital than a busy scan.

Educational resource. Not financial advice. Illustrative bands only. Not a recommendation of account size or strategy. Agentic options trading involves substantial risk of loss, including assignment into stock. Not affiliated with Robinhood Markets, Inc.

# Wheel Capital & Timelines

What selling cash-secured premium actually commits: **how much cash locks**, **for how long**, **what can happen while it is locked**, and why **frequent** short-premium work needs more capital than a busy scanner.

Companion desk ledger: [Wheel desk](/resources/agentic-wheel-desk). Equity day-scalps are a separate sleeve: see the [scalp playbook](/resources/agentic-trading-playbook).

## Investment thesis (one paragraph)

Sell **cash-secured** short premium on names you are willing to own, targeting **30-45 DTE** puts (~0.20-0.30Δ), taking profits at **~50% of credit** or closing by **≤21 DTE**. Capital is the product: every open CSP locks **strike × 100** of cash until buy-to-close, expire, or assignment. Frequency is limited by that lock: not by how many names you can scan.

## Book split (sleeves)

Treat sleeves as hard partitions on a small cash Agentic book that also runs equity scalps:

| Sleeve | Role | Starter rule | While open |
|--------|------|--------------|------------|
| **Wheel collateral** | Secure 1 CSP (or hold 100 shares + CC) | ≤ ~**40%** of buying power | Locked until BTC / assignment / call-away |
| **Equity scalp** | Opening-range / end-of-day small equity risk | Keep a **fixed residual** free (illustrative floor on the order of hundreds of dollars) | Day-trade; flat by session hard times |
| **Buffer** | Fees, rejects, assign drag | Remainder: do not CSP to the wall | Soft reserve |

**Sizing formula (illustrative):**

```text
max_strike ≈ floor( (0.40 × buying_power) / 100 )
residual after CSP must leave the scalp sleeve intact
collateral = strike × 100 × contracts # starter: 1 contract
```

If the best willing-to-own name needs more collateral than the band allows → **skip** and publish why. Do not “almost” fit.

On a **small** agentic wallet, a ~40% starter band often means max strikes in the **tens of dollars** for one contract: not mega-cap full CSPs.

## What gets tied up, and for how long

### Cash-secured put

| Item | Tied | Typical duration under manage rules | Ends when |
|------|------|-------------------------------------|-----------|
| Cash collateral | strike × 100 | Days to ~3 weeks | BTC @ ~50% credit, BTC @ ≤21 DTE, expire OTM, or **assignment** |
| Opportunity | Cannot reuse that cash for another CSP | Same | Same |

| Path | Rough timeline | Capital outcome |
|------|----------------|-----------------|
| **A: Early winner** | Often 3-14 calendar days if ~50% hits | Collateral freed; keep part of credit |
| **B: Time stop** | Enter 30-45 DTE → manage by ≤21 DTE left → often ~1-3 weeks | BTC; free cash |
| **C: Assign** | Through expiry (or earlier ITM) | Cash → **100 shares** |

Starter desk: **max one** open CSP: one Wheel income unit at a time.

### Assigned shares

Assignment is a **state change**, not automatically a “failed” trade: income book → **stock book** with optional covered calls. Expect weeks to months if you keep selling calls; full stock drawdown risk; overnight/gap risk; no same-day flat clock like equity scalps.

### Covered call

Shares stay tied; upside capped above the short call; called away returns cash (+ keeps call premium).

## What can happen while capital is locked

| Event | While CSP open | While holding shares (± CC) |
|-------|----------------|-----------------------------|
| Underlying drifts down | Put ITM; assign risk rises | Real stock drawdown |
| Underlying rips up | Often path A (50% BTC) | Short call may be tested; upside capped |
| IV crush / spike | Helps or hurts short premium marks | Same for short call; stock can gap |
| Earnings / binary | Hard reject into window | Do not hold short premium into print |
| Assignment / early exercise | Cash becomes shares | Short call can be assigned early |
| Second CSP | Blocked by design (starter) | Usually blocked until shares called/sold |

**Honest failure mode:** assignment turns reserved cash into a full 100-share position you must manage or exit: a drawdown can exceed many months of collected premium.

## When the desk acts (illustrative ET)

| Window | Action |
|--------|--------|
| 09:30-10:00 | No new short premium (open auction) |
| Mid-morning settle | Scout / optional live CSP or CC |
| Through early afternoon | Manage (50% / 21 DTE) |
| Late day | Equity EOD scalp owns the desk: no new Wheel |

**Cadence on a small starter book:** frequent **scouts and skips**, not frequent fills. Rough band of closed CSP cycles per month is low if you hit early winners; lower still if assigned into stock.

## Minimum capital for “frequent” short-premium

Define **frequent** as running **≥2 independent CSP sleeves** most weeks (or replacing capital quickly after 50% BTC) without starving the equity scalp sleeve.

| Goal | Rough scale (illustrative) |
|------|----------------------------|
| One liquid CSP in mid-teens-low-$30 names + scalp sleeve | Small five-figure buying power |
| Comfortable one CSP with fewer “strike too high” skips | Higher five figures |
| Two concurrent CSPs (or CSP + share lot) without >60% BP in Wheel | Low-mid five figures toward **~$20k-$30k+** |
| Multi-name rotation (3 sleeves) | Substantially more |

Premium income scales with **contracts × credit**, not scanner busyness. Do not loosen collateral % to fake frequency: add capital or accept selective skips.

## Lifecycle storyboard

```text
[Idle cash]
 │ scout skip → still idle (publish why)
 ▼
[CSP open] collateral locked
 ├─ BTC @ ~50% or ≤21 DTE → cash free
 └─ Assigned → 100 shares ± CC → called away or sell stock → idle
```

## Before locking capital

- Willing to **own 100 shares** at strike for weeks
- Earnings clean for the short option life
- Collateral fits the starter band; scalp residual intact
- Accept max one Wheel unit (starter)
- Accept that “frequent” may mean frequent **sits**, not frequent fills
- If assignment is intolerable at this size → do not sell the put. Crash-cap options (defense BTC, two-order long put, app put credit spread): [Options map](/resources/agentic-options-map).

## Related

- [Options map for Agentic experiments](/resources/agentic-options-map)
- [Wheel desk](/resources/agentic-wheel-desk)
- [When the agent should sit](/resources/when-the-agent-should-sit)
- [Robinhood MCP](/resources/robinhood-mcp)
- [Equity scalp playbook](/resources/agentic-trading-playbook)
- [Disclaimer](/disclaimer)

## Disclaimer

Educational only. Not an offer to buy or sell securities. Illustrative parameters are not a performance guarantee or account-size advice. Past patterns are not future results. You are responsible for every order placed in your accounts. This site is not a broker-dealer and is not affiliated with Robinhood. See [/disclaimer](/disclaimer).