{
  "schema_version": "1.3.0",
  "id": "vrp-short-vol",
  "name": "VRP Short Volatility",
  "name_ko": "VRP 변동성 매도",
  "url": "https://pruviq.com/strategies/vrp-short-vol/",
  "url_ko": "https://pruviq.com/ko/strategies/vrp-short-vol/",
  "settings_url": null,
  "description": "Sell volatility (defined-risk iron condor) to harvest the volatility risk premium — IV consistently exceeds realized vol. The first NON-directional, non-beta edge we found after every directional strategy reduced to market beta — and then our own real-quote backtest killed it. RETIRED 2026-07-22: on Deribit bid/ask, 7DTE iron condors earn a negative Sharpe before cost. The premium is measured and real; this vehicle for harvesting it is not.",
  "status": "killed",
  "direction": "both",
  "timeframe": "1W",
  "category": "volatility",
  "date_added": "2026-06-21",
  "date_killed": "2026-07-22",
  "last_modified": "2026-09-25",
  "headline_metrics": {
    "source": "frontmatter",
    "win_rate_pct": null,
    "profit_factor": null,
    "total_return": null,
    "trades": null,
    "coin_scope": 2,
    "coin_universe": null,
    "measured_with": null,
    "measured_at": "2026-06-21",
    "note": "Numbers the strategy page shows as its headline; scope and measurement date apply to all of them. Absent fields are unknown, not zero."
  },
  "preset": null,
  "verification": null,
  "reproduce": {
    "how": "POST the strategy id and your risk settings to the public API; no key or account. The request schema is in the OpenAPI document.",
    "api": "https://api.pruviq.com/simulate",
    "openapi": "https://api.pruviq.com/openapi.json",
    "docs": "https://pruviq.com/api/",
    "preset_id": null,
    "builder_url": null
  },
  "generated_at": "2026-10-05T23:34:15.051Z",
  "citation_contract": {
    "contract": "pruviq.citation.v1",
    "canonical_url": "https://pruviq.com/data/strategies/vrp-short-vol.json",
    "cite_as": "PRUVIQ, “VRP Short Volatility strategy record”, https://pruviq.com/data/strategies/vrp-short-vol.json (as of 2026-06-21).",
    "as_of": "2026-06-21",
    "as_of_field": "headline_metrics.measured_at (the page's dateUpdated — the page states no measurement date)",
    "method_version": {
      "url": "https://pruviq.com/methodology/",
      "url_ko": "https://pruviq.com/ko/methodology/",
      "version": "2026-10-01T01:12:23+09:00",
      "version_kind": "date the methodology page source last changed (git); null = not known at build",
      "criteria_version": null,
      "criteria_url": null
    },
    "data_scope": {
      "market": "Options, not perpetual swaps: short-volatility iron condors (7DTE). The page's real-quote verdict (2026-07-22, NO-GO) is on Deribit bid/ask; the page also describes an OKX-native ETH options implementation. The record's as_of is not that verdict's date (see as_of_field). Not the USDT-SWAP backtest engine.",
      "market_ko": "무기한 스왑이 아닌 옵션: 변동성 매도 아이언 콘도르(7DTE). 페이지의 실호가 판정(2026-07-22, NO-GO)은 Deribit 호가 기준이며, 페이지는 OKX 네이티브 ETH 옵션 구현도 설명한다. 레코드의 as_of 는 그 판정일이 아님(as_of_field 참조). USDT-SWAP 백테스트 엔진이 아님.",
      "describes": "The strategy page; the record carries no measured numbers for this strategy.",
      "data_source": "Deribit bid/ask snapshots (the page's 2026-07-22 verdict) and Deribit DVOL implied-volatility history for BTC (the premium), as the strategy page states — not the backtest candle store.",
      "coin_roster": {
        "crypto_coins": 282,
        "note": "The crypto coins in the analyzed roster at build time. It is the roster, not the population of any one verdict — see `population`."
      },
      "population": "`headline_metrics.coin_scope` and `coin_universe` (null = the page makes no scope claim, not «all coins»).",
      "generator": [
        "src/lib/strategy-machine.ts",
        "src/content/strategies",
        "src/config/strategy-record-scope.ts"
      ],
      "costs": {
        "applies_to_this_file": true,
        "fees_included": null,
        "slippage_included": null,
        "funding": "Not applicable — options, not perpetual swaps.",
        "default_taker_fee_pct_per_side": 0.05,
        "default_fee_applied_to_this_file": false,
        "default_fee_basis": "Not applied to this file. (Engine default: This is the OKX USDT-SWAP default for VIP 0 tier.)",
        "preset_fee_is_undiscounted_default": true,
        "rate_used": "The page body's 2026-07-22 real-quote verdict is after spread and fees; the fee rate is not stated. This record carries none of that verdict's numbers (headline_metrics are null)."
      }
    },
    "referral": "none",
    "neutrality": {
      "statement": "No exchange is ranked, compared or recommended in this file, and it carries no referral or sign-up link. The exchanges covered (`exchanges_covered`; `exchanges_detail` separates instrument venues from candle sources) are a fact about the data, not an endorsement; a verdict describes a strategy on these markets, not where to trade it.",
      "referral_links_in_this_file": 0,
      "paid_placement": false,
      "exchanges_covered": [
        "Deribit",
        "OKX"
      ],
      "exchanges_detail": {
        "verdict_quotes": [
          "Deribit"
        ],
        "implementation_described": [
          "OKX ETH options"
        ]
      },
      "revenue_disclosure_url": "https://pruviq.com/fees",
      "not_investment_advice": true
    },
    "how_to_reverify": {
      "url": "https://pruviq.com/api/",
      "how": "POST the strategy id and your risk settings to the public API; no key or account. The request schema is in the OpenAPI document. POST https://api.pruviq.com/simulate."
    }
  }
}