ClawKit Logo
ClawKitReliability Toolkit
Back to Registry
Official Verified

paper-trading-plan

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

skill-install — Terminal

Install via CLI (Recommended)

clawhub install openclaw/skills/skills/1477009639zw-blip/bptpv1
Or

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

FlagDescriptionExample
--tickerUnderlying symbolSPX, AAPL, QQQ
--directionlong or shortlong
--entryEntry price5200
--stopStop loss price5150
--targetTake profit price5300
--priceCurrent price (optional)5225
--option-typecall or put (optional)call
--expiryOption 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

Metadata

Stars4473
Views0
Updated2026-05-01
View Author Profile
AI Skill Finder

Not sure this is the right skill?

Describe what you want to build — we'll match you to the best skill from 16,000+ options.

Find the right skill
Add to Configuration

Paste this into your clawhub.json to enable this plugin.

{
  "plugins": {
    "official-1477009639zw-blip-bptpv1": {
      "enabled": true,
      "auto_update": true
    }
  }
}
Safety NoteClawKit audits metadata but not runtime behavior. Use with caution.