Alpaca paper trading · live

Drawdown Guard

An autonomous AI agent that keeps a portfolio within a client-defined downside limit, through an option overlay.

Inside the promise

Measured on the 2026-09-03 19:46 UTC cycle. Every figure here moves with the market.

Of the $9,998 this client allowed themselves to lose, $4,161 has gone on protection and $3,809 is the furthest the portfolio can still fall before the puts take over - today’s prices down to their strikes. That leaves $2,028 unused.

$4,161 Paid for protection
$3,809 Today’s prices down to the strikes
$2,028 Left unused

The promise

$99,978Reference portfolio
10.0%Maximum drawdown
$9,998Loss budget
12 monthsMandate window · 2026-08-28 → 2027-08-28

The portfolio as at 2026-09-03 19:46 UTC

HoldingSharesValue WeightProtection
AAPL100$32,80234.6%long 1 × 310 put
IWM100$29,50831.1%long 1 × 275 put
CASH$23,47324.7%not exposure
BIL100$9,1429.6%not exposure
Total$94,924100.0%

Portfolio evolution −$893 (−0.90%) since 2026-08-28

$99,72608 / 28$99,18308 / 31$98,17409 / 01$98,69309 / 02$98,83309 / 03 HOW MUCH OF EACH HOLDING HAD A PUT BEHIND IT XLF0% hedged0% hedged100% hedgedIWM0% hedged100% hedged100% hedged100% hedged100% hedgedAAPL100% hedged

fully hedged partly hedged — the fill is how much not held, or not recorded

Decisions

showing
WhenWhoInstrumentWhat happened  
2026-09-03 19:46🤖 agentchecked the portfolio
2026-09-03 19:46🤖 agentour records and the broker disagreed; the broker won
2026-09-03 14:17🤖 agentbook settled
2026-09-03 14:17🤖 agentAAPLbought protection: 1 contract at $26.55 each
2026-09-03 14:17🤖 agentworked out what protection this portfolio needs!
2026-09-03 13:53👤 clientAAPLbought 100 shares of AAPL
2026-09-02 19:38🤖 agentXLFbought protection: 9 contracts at $3.15 each
2026-09-02 19:38🤖 agentsold 9 contracts of protection back; no longer needed
2026-09-02 19:16🤖 agentXLFthe safety checks stopped this order×
2026-09-02 19:16🤖 agentsold 9 contracts of protection back; no longer needed
2026-09-02 18:46🤖 agentthis protection is no longer needed, but could not be sold today!
2026-09-02 18:03👤 clientXLFsold 900 shares of XLF
2026-09-01 13:46🤖 agentXLFbought protection: 9 contracts at $3.5 each
2026-08-31 14:19🤖 agentIWMbought protection: 1 contract at $15.06 each
2026-08-31 14:19🤖 agentXLFthe order is waiting at our price; nothing bought yet!
2026-08-28 17:07🤖 agentIWMplaced an order to buy protection
2026-08-28 17:07🤖 agentXLFplaced an order to buy protection
2026-08-28 15:44👤 clientBILopened with 100 shares of BIL
2026-08-28 15:44👤 clientXLFopened with 900 shares of XLF
2026-08-28 15:44👤 clientIWMopened with 100 shares of IWM