Skills paper-trading-plan

Name: paper-trading-plan
Author: openclaw

Generates structured paper trading plans with entry, stop loss, take profit, position size, and failure conditions for SPX, indices, and US equity options.

install

source · Clone the upstream repo

git clone https://github.com/openclaw/skills

Claude Code · Install into ~/.claude/skills/

T=$(mktemp -d) && git clone --depth=1 https://github.com/openclaw/skills "$T" && mkdir -p ~/.claude/skills && cp -r "$T/skills/1477009639zw-blip/bptpv1" ~/.claude/skills/openclaw-skills-paper-trading-plan && rm -rf "$T"

OpenClaw · Install into ~/.openclaw/skills/

T=$(mktemp -d) && git clone --depth=1 https://github.com/openclaw/skills "$T" && mkdir -p ~/.openclaw/skills && cp -r "$T/skills/1477009639zw-blip/bptpv1" ~/.openclaw/skills/openclaw-skills-paper-trading-plan && rm -rf "$T"

manifest: skills/1477009639zw-blip/bptpv1/SKILL.md

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