$25M Plan Core Plans Income Book Crypto Convexity Crypto Options Portfolio Reset Income HB750 Recommendations Crash Liquidation

INCOME HB750 · YOUR HIGH-BETA BOOK AND ONE BUILT ON YOUR OWN RECORD

Built 2026-11-02 00:19 SGT on the Friday 30 Oct 2026 close · four fortress_v28 --live runs (Jan 2029 LEAPS) · your trade log since 1 Jan and your 90-day Coverage INSIGHTS record · Yahoo closes · CBOE close quotes · read-only, zero IBKR, no orders · part of Portfolio Reset

HB750 (your reviewed holdings): AMZN 10, AMD 6, PLTR 13, SPCX 16, MU 2, DELL 1, NVDA 3.
HB750 proven: AMZN 6, COPX 17, SPCX 10, RKLB 20, SNOW 3, CRWV 17, DELL 2, COIN 6, MU 1, MSTR 4, SHOP 3.
HB750 proven puts at least 60% of its Max Loss in names your own calls have paid on since January (at least 7 closes, 85% won, 1.5%/mo of the stock while written), adds look-alikes only if they pay when replayed the way you write (about 1 standard deviation out, closed once ~70% has decayed), and values every name at your own rate. A small crypto slice (COIN, GLXY, MSTR) is allowed up to 15%, semis up to 25%, every name up to 12%.

	HB750	HB750 proven
Holdings	AMZN 10, AMD 6, PLTR 13, SPCX 16, MU 2, DELL 1, NVDA 3	AMZN 6, COPX 17, SPCX 10, RKLB 20, SNOW 3, CRWV 17, DELL 2, COIN 6, MU 1, MSTR 4, SHOP 3
Names / contracts	7 / 51	11 / 89
Max Loss (held as cash) / account	$745,413 / $810,000	$747,358 / $810,000
In names with a strong Jan-to-date record	81% of Max Loss	65% of Max Loss
Semis / software / crypto / mega-cap / other	42% / 19% / 0% / 20% / 19%	16% / 23% / 14% / 12% / 36%
Correlation with SOXX (semis) / IGV (software)	+0.80 / +0.44	+0.71 / +0.51
Avg pairwise correlation (180d) / beta	+0.29 / 2.56	+0.28 / 2.67
Daily swing (1 sd)	$35,723 (4.4%)	$30,415 (3.8%)
Calls / mo at your rate (90-day record, after hedge rent)	$6,607	$13,545
Calls / mo, INCOME_BOOK basis (earnings-corrected)	$21,935	$24,901
Replayed in your style: last 90 days / 2-year average	-$21,539 / -$7,874	$28,588 / $30,159
Replayed, model's call: last 90 days / 2-year average	$4,731 / $7,508	$38,549 / $47,076
Hedge rent / yr (already out of the calls)	$107,371	$42,489
Liquidation, 6 attacks to −95%	NONE	NONE
S&P −10% / −20% (cockpit betas)	-$309k / -$506k	-$266k / -$482k
S&P −20% (measured betas)	-$513k -63%	-$530k -65%
October again (each name's 6-30 Oct move, from today)	-$193k -23.8% of its account	-$212k -26.2% of its account
Sep-Oct replay at your rate / max drawdown	-5.1% / -25.0%	-19.1% / -29.8%
Cost to open (quarter spread)	$8,695	$16,290
Reports earnings before 30 Nov	AMD 3 Nov, PLTR 2 Nov, SPCX 3 Nov, DELL 24 Nov, NVDA 17 Nov	SPCX 3 Nov, RKLB 9 Nov, CRWV 10 Nov, DELL 24 Nov, SHOP 3 Nov

Verdict

Both lean on your record (65% of Max Loss in record names here, 81% in HB750). The difference is which ones and what they cost to hedge: HB750 carries PLTR, which has no real record and loses at your rate, and AMD, whose normal-week premium barely covers its hedge; its hedge rent is $107k a year against $42k here.
Income at your own rate: $13,545/mo against $6,607. Replayed in your style: $28,588 against -$21,539 over the last 90 days, $30,159 against -$7,874 on the two-year average.
Concentration falls less than the names suggest: semis 16% against 42%, but correlation with SOXX is still +0.71 against +0.80; crypto 14%, 11 names against 7, beta 2.67 against 2.56. Your proven names are high beta and move together; this is a better-paying book, not a much calmer one.
Crash: another October costs -$212k against -$193k; S&P −20% (cockpit) -$482k against -$506k. Sep-Oct at your rate: -19.1% against -5.1%.
Replays are a check, not a plan. On MU your record (+$99.8k since January, 96% won) beats any mechanical version of your style: you wrote longer and further out, or paused, after the August and September spikes. That discretion is why record names pass on the record and only look-alikes need the replay.
Size: at your rate, $30,000/mo needs about $1.66M of Max Loss on these names and $40,000 about $2.21M (still within 20 names).

What gets it to $30k a month

The same rules re-solved at larger Max Loss. Reserve = what is left of the reset (NLV $2.53M, about $122k of friction, the $296k crypto sleeve and $500k of index) after the bigger income account. Income grows a little slower than size because the best-paying names hit their 12% cap first.

Max Loss	Calls / mo book basis	Calls / mo your rate	Names	Beta	Account	Reset reserve	Holdings
$0.75M (this page)	$24,901	$13,545	11	2.67	$810k	$759k	AMZN 6, COPX 17, SPCX 10, RKLB 20, SNOW 3, CRWV 17, DELL 2, COIN 6, MU 1, MSTR 4, SHOP 3
$1.00M	$32,387	$18,282	12	2.63	$1.08M	$537k	RKLB 27, CRWV 29, COPX 22, SPCX 13, COIN 11, DELL 3, AMZN 5, TSLA 3, MU 1, QCOM 5, SNOW 2, MSFT 2
$1.25M	$38,475	$23,146	12	2.74	$1.35M	$267k	RKLB 34, COPX 28, COIN 14, SPCX 16, CRWV 29, SNDK 1, DELL 3, SNOW 4, AMZN 5, SHOP 5, NVDA 6, QCOM 6
$1.60M	$51,973	$29,839	12	2.20	$1.72M	-$103k	RKLB 43, COIN 18, SPCX 21, AMZN 11, DELL 5, MU 3, NFLX 55, QCOM 11, MSFT 4, TSLA 4, SNOW 3, AVGO 4

Sep and Oct 2026, replayed

Each book rebuilt on the 28 Aug close at the same moneyness and tenors, revalued on every close (volatility held still), calls at your 90-day rate.

HB750: holdings

Name	Contracts	Spot	LC / SP / HP	Max Loss	Your calls, Jan to date	Calls / mo your rate	Calls / mo book basis	Your style 2-yr replay / mo	Beta	Group
AMZN record	10	240.80	125 / 230 / 185	$148,760 20% of book	$9k 12 closes, 92% won	$1,356	$4,434	$603	1.44	Mega-cap
AMD record	6	508.22	320 / 460 / 400	$143,490 19% of book	$13k 15 closes, 93% won	$153	$2,483	-$5,437	3.30	Semis
PLTR	13	184.56	80 / 175 / 155	$142,545 19% of book	$3k 2 closes, 100% won	-$2,715	-$2,044	-$984	1.98	Software
SPCX record	16	136.03	75 / 110 / 80	$141,792 19% of book	$8k 19 closes, 89% won	$3,860	$7,523	-$185	3.18	Other high beta
MU record	2	889.20	440 / 630 / 540	$106,510 14% of book	$100k 50 closes, 96% won	$2,487	$7,796	-$3,091	3.40	Semis
DELL record	1	424.18	290 / 420 / 230	$32,295 4% of book	$18k 13 closes, 92% won	$1,183	$1,183	$165	2.51	Semis
NVDA record	3	205.25	160 / 205 / 150	$30,021 4% of book	$41k 23 closes, 91% won	$284	$561	$1,055	1.94	Semis
HB750	51			$745,413		$6,607	$21,935	-$7,874

HB750 proven: holdings

Name	Contracts	Spot	LC / SP / HP	Max Loss	Your calls, Jan to date	Calls / mo your rate	Calls / mo book basis	Your style 2-yr replay / mo	Beta	Group
AMZN record	6	240.80	125 / 230 / 185	$89,256 12% of book	$9k 12 closes, 92% won	$813	$2,661	$362	1.44	Mega-cap
COPX record	17	71.96	50 / 73 / 45	$89,080 12% of book	$44k 20 closes, 90% won	$858	$1,247	$1,503	2.43	Other high beta
SPCX record	10	136.03	75 / 110 / 80	$88,620 12% of book	$8k 19 closes, 89% won	$2,412	$4,702	-$115	3.18	Other high beta
RKLB	20	55.06	40 / 50 / 20	$87,680 12% of book	$10k 31 closes, 71% won	$2,559	$2,752	$4,295	3.88	Other high beta
SNOW	3	306.08	180 / 250 / 140	$68,955 9% of book	none	$720	$1,261	$3,147	1.41	Software
CRWV	17	55.16	20 / 45 / 35	$68,289 9% of book	$5k 11 closes, 82% won	$665	$3,129	$14,206	3.67	Software
DELL record	2	424.18	290 / 420 / 230	$64,590 9% of book	$18k 13 closes, 92% won	$2,365	$2,365	$331	2.51	Semis
COIN record	6	143.54	60 / 90 / 70	$62,520 8% of book	$61k 37 closes, 89% won	$1,280	$1,509	$1,157	2.97	Crypto
MU record	1	889.20	440 / 630 / 540	$53,255 7% of book	$100k 50 closes, 96% won	$1,244	$3,898	-$1,546	3.40	Semis
MSTR record	4	130.51	50 / 80 / 65	$38,528 5% of book	$16k 22 closes, 91% won	$415	$980	$4,813	3.19	Crypto
SHOP	3	157.49	75 / 110 / 70	$36,585 5% of book	none	$213	$397	$2,007	1.86	Software
HB750 proven	89			$747,358		$13,545	$24,901	$30,159

The screen: your record, then your style

Every name with a fortress structure here. "Your calls" = closed calls since 1 Jan from the trade log (net of buybacks, hedge rent not deducted). "Your style" = the replay of how you write: the coming Friday's call about your own median z standard deviations out (1.0 where you have no record), bought back once ~70% has decayed, re-written the next session, losers held to expiry, earnings weeks skipped, after hedge rent, per contract per month in today's contract size. "Model call" = the model's 2-3%-out weekly held to expiry. The 2-year columns use 1.15x realized volatility as a proxy (no historical option quotes here).

Name	Group	Your calls, Jan to date	Your yield / mo (while written)	Your strike (median)	Your style last 90 days	Your style 2-year average	Model call 2-year average	Screen	In HB750 proven
MU	Semis	$100k 50 closes, 96% won	3.5%	+12% / z 0.9	-$1,039	-$1,546	-$2,600	record	in
GOOG	Mega-cap	$78k 37 closes, 86% won	1.2%	+6% / z 1.2	$62	-$188	-$216	out	–
COIN	Crypto	$61k 37 closes, 89% won	2.6%	+12% / z 1.1	-$100	$193	$509	record	in
COPX	Other high beta	$44k 20 closes, 90% won	2.7%	+6% / z 1.0	$45	$88	$151	record	in
NVDA	Semis	$41k 23 closes, 91% won	1.9%	+5% / z 0.9	$167	$352	$667	record	–
GLXY	Crypto	$18k 13 closes, 85% won	3.9%	+14% / z 1.0	$97	$40	$45	look-alike, pays	–
DELL	Semis	$18k 13 closes, 92% won	3.1%	+6% / z 0.6	$1,503	$165	$263	record	in
MSTR	Crypto	$16k 22 closes, 91% won	2.8%	+12% / z 1.0	$637	$1,203	$1,300	record	in
AMD	Semis	$13k 15 closes, 93% won	4.1%	+7% / z 0.9	-$1,488	-$906	-$1,161	record	–
SNDK	Semis	$13k 7 closes, 100% won	3.2%	+7% / z 0.8	-$7,658	-$4,226	-$8,586	record	–
TSLA	Mega-cap	$11k 17 closes, 82% won	1.3%	+6% / z 1.2	$436	$465	$1,698	look-alike, pays	–
RKLB	Other high beta	$10k 31 closes, 71% won	2.8%	+13% / z 1.1	$310	$215	$313	look-alike, pays	in
QCOM	Semis	$10k 11 closes, 91% won	3.8%	+16% / z 1.3	$124	$198	$257	record	–
INTC	Semis	$10k 18 closes, 94% won	4.5%	+10% / z 1.0	$278	$114	$127	record	–
AMZN	Mega-cap	$9k 12 closes, 92% won	1.7%	+4% / z 1.1	$168	$60	$181	record	in
SPCX	Other high beta	$8k 19 closes, 89% won	2.9%	+9% / z 0.7	-$475	-$12	$919	record	in
META	Mega-cap	$8k 8 closes, 88% won	1.4%	+6% / z 0.9	-$457	$254	$307	out	–
APP	Software	$7k 16 closes, 94% won	5.4%	+9% / z 0.9	-$67	$878	$610	record	–
CRWV	Software	$5k 11 closes, 82% won	3.6%	+12% / z 0.8	$973	$836	$788	look-alike, pays	in
MSFT	Software	$5k 5 closes, 100% won	1.7%	+5% / z 0.7	$9	$423	$850	look-alike, pays	–
NFLX	Other high beta	$5k 4 closes, 100% won	0.7%	+6% / z 1.0	$57	$75	$155	look-alike, pays	–
PLTR	Software	$3k 2 closes, 100% won	3.0%	+7% / z 0.6	-$508	-$76	$69	out	–
ASST	Crypto	$3k 3 closes, 100% won	12.5%	+16% / z 1.5	$80	-$1,055	-$708	out	–
NOW	Software	-$280 10 closes, 70% won	-0.1%	+9% / z 0.7	-$207	$265	$338	out	–
AVGO	Semis	-$2k 3 closes, 67% won	-1.9%	+7% / z 0.9	$548	$1,005	$1,393	look-alike, pays	–
HOOD	Other high beta	-$4k 12 closes, 75% won	-2.6%	+7% / z 0.8	-$292	-$207	-$233	out	–
CAT	Other high beta	none	–	–	$727	-$450	-$635	out	–
CRWD	Software	none	–	–	-$543	$255	$470	out	–
ORCL	Software	none	–	–	$419	$80	$690	look-alike, pays	–
SHOP	Software	none	–	–	$556	$669	$491	look-alike, pays	in
NET	Software	none	–	–	$1,767	$715	$846	look-alike, pays	–
DDOG	Software	none	–	–	$1,155	$683	$654	look-alike, pays	–
SNOW	Software	none	–	–	$1,087	$1,049	$2,312	look-alike, pays	in
UBER	Other high beta	none	–	–	-$14	$120	$128	out	–
CRM	Software	none	–	–	-$1,048	$213	$640	out	–

Earnings-week correction

Every run priced Friday 6 Nov weeklies. A name reporting before then had its premium inflated by the earnings move; each is now priced at the forward volatility between the 6 Nov and 13 Nov expiries. This is why HB750 reads about $22k, not the $42.4k first shown (PLTR's call was about seven normal weeks).

Name	Reports	IV priced (6 Nov weekly)	Normal-week IV (forward 6-13 Nov)	Premium scale	Gross / ct / mo as priced	Corrected
PLTR	2 Nov	116%	50%	x0.14	$2,529	$348
APP	4 Nov	121%	71%	x0.21	$2,169	$462
QCOM	4 Nov	71%	44%	x0.27	$958	$255
UBER	4 Nov	56%	36%	x0.31	$323	$100
NET	5 Nov	111%	71%	x0.31	$2,665	$837
SHOP	3 Nov	94%	60%	x0.32	$1,338	$424
AMD	3 Nov	88%	54%	x0.41	$5,443	$2,227
DDOG	4 Nov	106%	76%	x0.42	$1,950	$828
SPCX	3 Nov	59%	53%	x0.86	$990	$847

Method

Structures: four fortress_v28 --live runs on the Friday 30 Oct close (the INCOME_BOOK pin; NVDA/AVGO/TSLA; ten software names; nine record names), pinned in the bundle's v28_pin/. The record-name run (Sat 14:11 SGT) took spots from overnight marks: COPX +3.5%, COIN and MSTR +1.2%, INTC −1.3% against the close; option quotes are the close.
Your rate: Coverage INSIGHTS' 90-day income per contract over the model, shrunk to the pooled ratio; names you never traded take the pool.
Optimizer (opt.py HB_P): most income at your rate less 0.1 x daily $ swing, Max Loss at most $750k, the group limits above; no LLY/LMT/XOM/JPM/GLD/XBI/IREN, no index or bond ETFs.
Bundle: _md_files/portfolio/2026-10-31_portfolio_reset/. Nothing here places an order.