SHEET 31 — PROFITGUARD
GiottoO ProfitGuard turns every trade idea into a structured management plan with entry, exits, take-profit levels, scale-outs, touch-probability exits, and trailing profit-floor rules.
Plan entry, manage exits, protect gains, and reduce emotional decisions. Copy-only management script — user-controlled execution, always.
Educational research only. Not financial advice.
What's inside
Define Risk Before Entry
Stop-loss, time stops and max-loss framing are decided before the order exists — the plan is written while you are still objective.
Entry: Let Price Come to You
Entry ranges sit at or better than mid — credit collected above mid, debit paid below it. Never chase a fill.
Managed Take-Profits
Credit structures target 50% of max credit (staged 25%/50% on Pro); debit and long positions run staged targets tuned to your risk style.
Trailing Profit Floors
Ratcheting giveback limits protect gains: once profit crosses an activation level, a floor arms beneath it and only ever moves up.
Probability-Based Exits
Reduce or exit when the modeled probability of the underlying touching your short strike exceeds 65% — math instead of mood.
Time & Volatility Stops
The 21 DTE decision point and 7 DTE hard stop for options; IV-spike and IV-crush exit rules for both sides of volatility.
Adjustment Playbook
Strategy-specific rolls (untested side of condors, down-and-out spreads) — each with an explicit risk note, because adjustments transform risk, they do not remove it.
Copy-Only, Always
Plans and scripts are text templates. No broker connection, no order path, no credentials — you execute at your own broker, and reduce emotional exits by following rules you set in advance.
GiottoO ProfitGuard
How it works
01
Start from an idea
A Decision Engine analysis, a TradeScript setup, a scanner hit, an alert, or a journaled trade — any surface hands its numbers to ProfitGuard.
02
Get the full plan
Entry rule, staged take-profits, stop-loss, scale-outs, trailing profit floors, touch-probability exits, time stops, volatility exits and the adjustment playbook — decided before the trade, not during it.
03
Copy your format
Boxed rule sheet, Python or JavaScript monitoring checklist (checks conditions, prints alerts — never trades), JSON, TradingView pseudocode, or a Claude Code prompt.
04
You execute — always
Every action in the plan is performed by you at your own broker after your own review. User-controlled execution; GiottoO is never in the order path.
The 6 copy-only formats
Plan Rules
.txtThe full management plan as a boxed plain-text rule sheet — print it, journal it, or keep it beside your broker window.
Python
.pyMonitoring-checklist script: you enter current prices, it CHECKS the plan's conditions and PRINTS alerts. DRY_RUN default; contains no order code.
JavaScript
.jsEquivalent Node.js monitoring checklist — checks conditions and prints alerts only. DRY_RUN default; no order path anywhere.
JSON
.jsonThe complete plan as structured JSON with copyOnly metadata — feed it to your own tooling.
TradingView
.txtPine-like PSEUDOCODE for alert conditions — clearly labeled NOT executable Pine Script; a starting sketch for your own alerts.
Claude Code
.mdA ready-to-paste Claude Code prompt embedding the plan JSON and safety constraints, for building your own monitoring tooling.
SAMPLE — FULL PRO-LEVEL PLAN, ILLUSTRATIVE DATA, NOT LIVE QUOTES, NOT A RECOMMENDATION
NVDA · Iron Condor
PLAN PG_6AC322FB · LEVEL PRO01 — Entry rule
Credit entry — collect at or above mid
Work a limit to collect at least $1.65 (the mid) for the Iron Condor. Improve the credit if the market lets you; never lower the limit toward the bid to force a fill.
WAITWait for the order to be filled at your limit — let price come to you. Avoid entering within the first 30 minutes after the open (opening rotation distorts quotes and spreads).
AVOIDAvoid entry immediately before an earnings report or a scheduled binary event unless the event IS the thesis. Avoid entry when the bid/ask spread is wide relative to the credit or debit — poor fills quietly consume the edge.
02 — Take-profit stages
Close 50% of the position with a limit order at your broker (buy back the short structure).
Banking a quarter of the credit early de-risks the position and reduces emotional pressure on the remainder.
Close the remaining position with a limit order — the managed-exit target for credit structures.
House doctrine: take profit at 50% of max credit. The second half of the credit carries most of the gamma and tail risk for the least remaining reward.
03 — Stop-loss rule
Close the full position with a limit order at your broker. Do not widen the stop, do not roll to avoid realizing the loss.
Credit-structure doctrine: exit at 50% of defined max loss — whichever comes first. Letting a defined-risk credit trade ride to max loss converts a manageable scratch into the worst case.
04 — Scale-out schedule
Unrealized profit reaches +25% of max credit
First scale-out realizes profit and ratchets a floor under the rest — the position can no longer round-trip to a loss without a deliberate rule breach.
Unrealized profit reaches +50% of max credit
Final scale-out completes the plan; if trailing instead, the ratcheted floor defines the giveback limit.
05 — Trailing profit floors
Trailing ratchet from scale-out stage 1: realized profit resets the giveback limit for the remainder.
Ratchet: each new profit high arms a higher floor (+25% after +40%), locking in discipline as the trade works.
Trailing ratchet from scale-out stage 2: realized profit resets the giveback limit for the remainder.
Ratchet: each new profit high arms a higher floor (+40% after +60%), locking in discipline as the trade works.
06 — Touch-probability exits
Reduce the position by at least half, or close it entirely, once the probability of the underlying touching the short strike before expiration exceeds 65%.
Probability-based exit: above 65% touch probability the short strike is more likely than not to be tested. Monitor P(touch) at your broker or with the generated script.
07 — Time stops
Decision point: close the position at its current P/L, or make a deliberate roll decision. Do NOT passively hold past 21 DTE.
For 30-45 DTE credit structures, gamma risk starts outgrowing theta collection near 21 DTE — the risk/reward of holding degrades every day after.
HARD STOP: close the position regardless of P/L. No exceptions inside expiration week.
Expiration-week gamma, pin risk and assignment mechanics can turn a small defined-risk position into an operational problem overnight.
08 — Volatility exits
Reduce the position by half (or close it) if implied volatility rises more than 30% above its level at entry.
Short-vol doctrine: an IV spike marks a regime change — spreads widen, deltas grow, and the position loses faster than the credit decays. Reduce first, re-evaluate flat.
If IV has FALLEN 20%+ and the profit target is near, take the win early — the vol edge that paid this trade is spent.
Premium-sell trades earn from vol contraction and time; once IV has contracted hard, remaining reward is thin against gap risk.
09 — Adjustment playbook & risk reduction
WHENOne side is tested (underlying within ~1 strike of a short strike) while the other side is nearly worthless
DORoll the UNTESTED side closer to the underlying to collect additional credit, keeping the total structure defined-risk.
Rolling the untested side finances the defense of the tested side without adding risk beyond the wings.
RISK NOTEThe new untested short strike can also get tested if the underlying reverses — a whipsaw can hurt both sides. Never roll the untested side more than once.
WHENThe tested short strike is breached and the 21 DTE decision point has not arrived
DOPrefer closing per the stop-loss rule. If rolling: roll the whole condor out in time for a net CREDIT only, same or wider strikes.
A roll executed for a debit just pays to postpone the loss; a credit roll is the only roll that improves the position's math.
RISK NOTERolling extends the time your capital is exposed and can compound one loss into a chain of losses. A closed trade cannot get worse.
10 — Management summary
NVDA Iron Condor: enter at or better than mid ($1.65–$1.70) — let price come to you, never chase. Manage the exit: primary take-profit at 50% of max credit. Stop the loss at 50% of defined max risk — defined before entry, honored without debate. Protect gains with a ratcheting profit floor (first floor +13% once +25% is reached). Defend the short strike when touch probability exceeds 65%. Time-stop at 21/7 days before expiration. Every action in this plan is executed BY YOU at your own broker — GiottoO never places or routes orders.
What can go wrong
Risk warnings
GiottoO ProfitGuard provides educational trade-management templates only. It does not place trades, route orders, guarantee profits, or provide financial advice. Users are responsible for reviewing all trade details, risks, fees, liquidity, broker rules, and tax implications before using any copied plan or script.
LOCKED-PREVIEW DEMO — THIS IS WHAT FREE USERS RECEIVE (ENTRY + FIRST TAKE-PROFIT ONLY)
NVDA · Iron Condor
FREE PREVIEW — ENTRY + FIRST TAKE-PROFIT VISIBLE01 — Entry rule
Credit entry — collect at or above mid
Work a limit to collect at least $1.65 (the mid) for the Iron Condor. Improve the credit if the market lets you; never lower the limit toward the bid to force a fill.
WAITWait for the order to be filled at your limit — let price come to you. Avoid entering within the first 30 minutes after the open (opening rotation distorts quotes and spreads).
AVOIDAvoid entry immediately before an earnings report or a scheduled binary event unless the event IS the thesis. Avoid entry when the bid/ask spread is wide relative to the credit or debit — poor fills quietly consume the edge.
02 — Take-profit stages
Close 50% of the position with a limit order at your broker (buy back the short structure).
Banking a quarter of the credit early de-risks the position and reduces emotional pressure on the remainder.
Included with GiottoO Perspective
Why upgrade
Plan entry, manage exits, protect gains, and reduce emotional decisions — with a copy-only management script you execute at your own broker. User-controlled execution, always.
Unlock ProfitGuard → PricingGiottoO ProfitGuard provides educational trade-management templates only. It does not place trades, route orders, guarantee profits, or provide financial advice. Users are responsible for reviewing all trade details, risks, fees, liquidity, broker rules, and tax implications before using any copied plan or script.
FAQ
Does ProfitGuard manage my position for me?
No. ProfitGuard produces a copy-only management plan and monitoring script templates. It does not connect to a broker, place, modify, or cancel orders, or touch your positions in any way. You review every rule and execute manually at your own broker.
What do the generated scripts actually do?
The Python and JavaScript templates are monitoring checklists: you type in your position's current numbers, they evaluate the plan's conditions and print which rules are triggered. They contain no order-submission code at all, and they follow the same dry-run-first convention as GiottoO TradeScript.
What is a trailing profit floor?
A ratcheting giveback limit. Once your unrealized profit crosses an activation level (say +25%), a floor is armed below it (say +10%). If profit ever falls back to the floor, the plan says close. Each new profit level ratchets the floor higher — the rule that protects gains from the round trip.
What is a touch-probability exit?
For short-strike structures, ProfitGuard models the probability that the underlying touches your short strike before expiration (exact GBM first-passage formula). Above 65%, the plan says reduce or exit — a probability-based exit instead of a feeling-based one.
Why is the primary take-profit 50% for credit trades?
House doctrine: managed exits at or below 50% of max credit. The second half of a credit trade's profit carries most of its gamma and tail risk for the least remaining reward. Pro plans stage it 25%/50%.
Is this financial advice? Does it promise results?
No and no. ProfitGuard output is an educational template built from stated, inspectable rules. Probabilities are model estimates. Markets gap, fills slip, and any trade can realize its full defined max loss. Review everything before use.
GiottoO ProfitGuard provides educational trade-management templates only. It does not place trades, route orders, guarantee profits, or provide financial advice. Users are responsible for reviewing all trade details, risks, fees, liquidity, broker rules, and tax implications before using any copied plan or script.
What each plan unlocks
Questions this answers
The questions professional options traders actually ask — and where GiottoO answers them.
Risk
GiottoO Risk LensExit
GiottoO Decision Engine — Exit PlanGiottoO Perspective
Unlock GiottoO Perspective.
Full probability engine, Monte Carlo simulations, volatility edge, scenario lab, catalyst scoring, alerts and watchlists — everything the free tier holds back.
GiottoO ProfitGuard provides educational trade-management templates only. It does not place trades, route orders, guarantee profits, or provide financial advice. Users are responsible for reviewing all trade details, risks, fees, liquidity, broker rules, and tax implications before using any copied plan or script.
The sample plan above uses illustrative data only — not live quotes and not a trade recommendation. Probabilities are model estimates. Options trading involves substantial risk of loss and is not suitable for all investors. Any position can realize its full defined max loss.