Meridian Trading — deterministic options income, no vibes.
An automated options income engine. ORATS-grade IV data, a 6-tier mathematical scorecard with hard gates, 8 risk checks with circuit breakers. Defined-risk premium selling, end to end. LLMs only for cold-path narration — the trading pipeline is math.
LLMs do not pick trades. Math picks trades.
Most “AI trading bots” are dressed-up sentiment readers. They make decisions by asking a chatbot what it thinks of a stock. Meridian Trading does the opposite — every decision in the trading pipeline is a deterministic computation against an institutional-quality IV data feed (ORATS). LLMs are used only on the cold path: daily portfolio narration, post-mortem reports.
The strategy is unsexy on purpose: defined-risk premium-selling on liquid underlyings, mechanically managed, with hard gates and circuit breakers.
6 tiers · hard gates.
- IV regime — is the implied volatility surface in a tradeable range for the strategy?
- Greeks fit — does the candidate sit inside the delta / vega / theta window?
- Liquidity — does the chain have the open interest and tight enough spreads to fill the trade?
- Wing risk — is the tail risk we’re selling priced fairly?
- Skew — does the put/call skew confirm the regime?
- Earnings — is the trade clear of binary catalysts inside the duration?
8 checks · circuit breakers.
Position concentration, portfolio beta-weighted delta, vega and theta limits, drawdown circuit breakers, max realized loss per day, max realized loss per week, blackout windows around catalysts, and a manual kill-switch that requires a typed phrase to override. The system stops itself before its operator does.
“The trade has to clear the scorecard before anyone can hand-roll it. If the scorecard needs overriding, the trade is the problem — not the scorecard.”
— a house rule, written down and keptHonest status.
Live in paper-trading on a real venue (Interactive Brokers paper account) against the real IV feed. Going to live capital is a decision that depends on more weeks of clean paper performance and a fully-built reporting layer. There is no fixed date for that.
Things we refuse to ship.
- A subscription that sells signals to other people. The strategy works because the operator is the same person who built the gates.
- A “let an LLM trade” demo. The model has no place in a hot path that risks money.
- A black-box. The math is the math. We can show you the scorecard and the risk checks for any trade the system took.