The Premium Harvester

Defined-risk credit spreads and iron condors timed to earnings/IV-crush events — strict max-loss sizing on every trade.

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For informational and educational purposes only — not investment advice. Smart Portfolios are simulated (paper-trading) model portfolios that illustrate a rule-based approach; they are not a recommendation to buy or sell any security and do not know your personal financial situation. Do your own research and due diligence, and consider consulting a licensed financial professional, before making any investment decision.
Paper-trading results. Trades shown are real orders placed against a sandbox brokerage account using live market data, but no real capital is at risk. Results do not represent a live account and may differ from real trading due to execution timing, liquidity, slippage, taxes, and fees.
Starting Capital
$100,000
Currently Invested
$0
Unrealized Gain/Loss
+$0 (+0.0%)
Risk Tier
Aggressive
Performance vs. S&P 500 (SPY)
This portfolio's performance history will appear here once it has traded for a few days. Its holdings and starting mandate are shown above in the meantime.
How This Portfolio Picks and Balances Stocks

Sells defined-risk credit spreads and iron condors on a fixed liquid-underlying watchlist around scheduled earnings/IV-crush events, with a hard cap on how much capital any single trade can lose.

The exact rule, in full, as currently in effect (revision 1, effective Jul 15, 2026):

Universe: a fixed liquid-underlying watchlist with regularly scheduled earnings. Entry: 1-3 trading days before a scheduled earnings/IV-crush event, sell a defined-risk credit spread or iron condor sized so maximum possible loss is capped at 1-2% of total capital. Exit: close at 50% of maximum profit, or let expire if unchallenged. Position limit: no more than 4 concurrent event-driven positions open at once.

See every rule change this portfolio has ever made »
Current Holdings

This portfolio hasn't opened any positions yet.

Trade Log

No published trades yet — every trade this portfolio makes will appear here with a plain-English explanation once it's reviewed and published.

At a Glance
Risk tier
Aggressive
Starting capital
$100,000
Uninvested cash
$100,000
Benchmark
SPY
Inception
Jul 15, 2026