paper-trading-plan

name	paper-trading-plan
description	Generates structured paper trading plans with entry, stop loss, take profit, position size, and failure conditions for SPX, indices, and US equity options.
metadata	{"openclaw":{"emoji":"📊","requires":{"bins":"[Truncated]"},"always":false}}

Paper Trading Plan Generator

Generates comprehensive, structured paper trading plans for SPX, index options, and US equities. Perfect for pre-market planning and session prep.

Usage

python3 plan.py --ticker SPX --direction long --entry 5200 --stop 5150 --target 5300

Input Parameters

Flag	Description	Example
--ticker	Underlying symbol	SPX, AAPL, QQQ
--direction	long or short	long
--entry	Entry price	5200
--stop	Stop loss price	5150
--target	Take profit price	5300
--price	Current price (optional)	5225
--option-type	call or put (optional)	call
--expiry	Option expiry (optional)	2026-04-18

Output Structure

=== PAPER TRADING PLAN ===
Symbol:     SPX
Direction:  LONG
Entry:      5200
Stop Loss:   5150 (-1.0%)
Take Profit: 5300 (+1.9%)
Risk/Reward: 1:2

Position Size:
- Max 2% account at risk
- Example: $10k account = $200 at risk
- Per-share risk: $50
- Shares: 40

Expiration: 2026-04-18
Type: CALL
Strike: 5200
Max Loss:  $200 (if expired worthless)
Max Profit: $400 (if target hit)

Failure Conditions:
- SPX breaks below 5150 → Exit immediately
- VIX > 30 → Reduce size by 50%
- News event overrides technical → Re-evaluate

Execution Checklist:
[ ] Confirm entry above key level
[ ] Check VIX < 20
[ ] Verify no major news during market hours
[ ] Set stop loss immediately after entry
[ ] Log trade in journal