Trading Desk

11. Stock chart, option execution

G-Test | Simulated examples only. Research / Execution Review 20261002. No broker transaction; no Sean or Vega trade.

Design-boundary example, no trade inserted. A bearish NVDA view expressed by buying a put is a long option position, not a short stock trade. Required execution fields: right, strike, expiry, multiplier, premium, quantity and close/exercise method.

Current Meridian code has historical single-option labels and excludes their premium return from underlying-stock aggregates. This example does not prove a general options-entry workflow, multi-leg support, assignment handling or option portfolio valuation. Do not create an NVDA stock fill at the option premium.

Research reference: NVDA. This reference is not an execution.

10. Leveraged or inverse ETF

G-Test | Simulated examples only. Research / Execution Review 20261002. No broker transaction; no Sean or Vega trade.

Design-boundary example, no trade inserted. NDX research could be expressed through QQQ, TQQQ, or SQQQ, but a long inverse ETF is not an NDX short fill.

Keep the trade side separate from the research direction. Record actual ETF prices and shares; do not multiply the index return by a leverage factor across a holding period. The reviewed catalog lacks these ETF entries; separate instrument setup is required.

Research reference: NDX. This reference is not an execution.

9. Yield chart, bond-price execution

G-Test | Simulated examples only. Research / Execution Review 20261002. No broker transaction; no Sean or Vega trade.

Design-boundary example, no trade inserted. A view that US10Y yield will decline can be expressed by a long Treasury-price instrument. Falling yield and long price are compatible, not contradictory directions.

For ZN execution, require a distinct validated ZN asset, expiry, its own quoted price/tick convention, multiplier and duration exposure. Never record 4.20 percent as a Treasury futures fill. The reviewed catalog has no ZN1! entry; this example remains research-only.

Research reference: US10Y. This reference is not an execution.

G-Test | Simulated execution example. Not a broker trade.

Original research

CL1!

G-Test | Simulated execution example. Not a broker trade.

Original research

BZ1!

8. Correlated products and a two-leg hedge

G-Test | Simulated examples only. Research / Execution Review 20261002. No broker transaction; no Sean or Vega trade.

Brent and WTI are correlated, not the same asset. Modeled long BZ: 70 to 72; short CL: 65 to 66; one contract each. Price P&L: +USD2000 and -USD1000, net +USD1000 before costs. Both legs must remain visible. This Note groups the thesis; it does not claim a native spread-order or hedge-group object exists.

Execution instrument: BZ1! BZJ2026 long leg. Modeled values, not market quotes.

Execution instrument: CL1! CLJ2026 short leg. Modeled values, not market quotes.

G-Test | Simulated execution example. Not a broker trade.

Original research

GC1!

7. Spot gold research, gold futures execution

G-Test | Simulated examples only. Research / Execution Review 20261002. No broker transaction; no Sean or Vega trade.

Research: XAUUSD spot gold. Execution: one modeled GCJ2026 contract, 3000 to 3010. Gross price P&L: 10 x 100 = USD1000. Preserve spot/futures basis and trading-session differences. Do not transfer a spot chart stop to the futures order without an explicit futures price or documented cross-instrument trigger.

Research reference: XAUUSD. This reference is not an execution.

Execution instrument: GC1! GCJ2026; one contract. Modeled values, not market quotes.

G-Test | Simulated execution example. Not a broker trade.

Original research

SOXX

6. Index research, ETF execution

G-Test | Simulated examples only. Research / Execution Review 20261002. No broker transaction; no Sean or Vega trade.

Research: SOX semiconductor index. Execution: 100 SOXX shares, modeled 200 to 210; gross price P&L USD1000. SOX levels and returns are not SOXX fills. An SPX/ES or NDX/NQ research family can likewise share an archive while its execution identities remain separate.

Research reference: SOX. This reference is not an execution.

Execution instrument: SOXX 100 shares. Modeled values, not market quotes.

G-Test | Simulated execution example. Not a broker trade.

Original research

NIY1!

G-Test | Simulated execution example. Not a broker trade.

Original research

NKD1!

5. Same index, different denomination and multiplier

G-Test | Simulated examples only. Research / Execution Review 20261002. No broker transaction; no Sean or Vega trade.

Nikkei research does not identify a trade contract. NKD uses USD5 per point; NIY uses JPY500 per point. These two modeled one-contract trades each gain 100 points: USD500 versus JPY50000. They are alternatives for comparison, not interchangeable positions; portfolio conversion needs dated FX.

The same separation is required for standard and micro contracts. Equal contract counts do not mean equal exposure.

Research reference: NIKKEI. This reference is not an execution.

Execution instrument: NKD1! NKDH2026 USD leg. Modeled values, not market quotes.

Execution instrument: NIY1! NIYH2026 JPY leg. Modeled values, not market quotes.

G-Test | Simulated execution example. Not a broker trade.

Original research

ES1!

4. Continuous chart and roll: open the new contract

G-Test | Simulated examples only. Research / Execution Review 20261002. No broker transaction; no Sean or Vega trade.

Same thesis as example 3, separate actual contract. Modeled ESM2026 entry 6040 and exit 6050. Each leg earns USD500 before fees; combined modeled price P&L USD1000. Current records can preserve both legs, but no first-class roll grouping is asserted.

Execution instrument: ES1! ESM2026 new-contract leg. Modeled values, not market quotes.

G-Test | Simulated execution example. Not a broker trade.

Original research

ES1!

3. Continuous chart and roll: close the old contract

G-Test | Simulated examples only. Research / Execution Review 20261002. No broker transaction; no Sean or Vega trade.

One research thesis can outlive a contract. This closes the modeled ESH2026 leg at 6010. The next example opens ESM2026 at 6040. The 30-point basis gap is not trading profit or loss.

Execution instrument: ES1! ESH2026 old-contract leg. Modeled values, not market quotes.

G-Test | Simulated execution example. Not a broker trade.

Original research

NKD1!

2. Nikkei CFD chart, CME NKD execution

G-Test | Simulated examples only. Research / Execution Review 20261002. No broker transaction; no Sean or Vega trade.

Chart reference: the original Nikkei CFD provider and symbol must remain attached to the chart. The current NIKKEI catalog entry is a broad index reference, not a uniquely identified CFD contract.

Execution: NKDH2026, USD5 per point. Modeled entry 40000; stop fill 39800; one contract. Gross price P&L: -USD1000 before fees. No NIKKEI trade is created.

Research reference: NIKKEI. This reference is not an execution.

Execution instrument: NKD1! NKDH2026; one contract; not the private June trade. Modeled values, not market quotes.

G-Test | Simulated execution example. Not a broker trade.

Original research

ES1!

1. Same instrument: research and execution agree

G-Test | Simulated examples only. Research / Execution Review 20261002. No broker transaction; no Sean or Vega trade.

Baseline: ES continuous reference, modeled ESH2026 execution. A single trade is recorded. Gross price P&L: (6010 - 6000) x 1 x USD50 = USD500, before fees.

Execution instrument: ES1! ESH2026; one contract. Modeled values, not market quotes.

Classic price availability check. ZZQAT

Original research

ES1!