20 lines
918 B
YAML
20 lines
918 B
YAML
id: PRICING-003
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title: Hedging Strike Calculation Using True GLD Price
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status: backlog
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priority: P0
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size: S
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depends_on:
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- PRICING-001
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acceptance_criteria:
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- Hedge page strike selection uses true GLD price, not converted from GC=F
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- Contract count calculation uses corrected GLD backing: ceil(gold_ounces / (100 * GLD_OUNCES_PER_SHARE))
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- ATM/OTM strike calculations use GLD current price times backing ratio
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- UI shows correct "contracts needed" for user's gold ounce exposure
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notes:
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- Previous naive calculation assumed 10 shares per ounce
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- Correct ratio is ~10.9 shares per ounce (1 / 0.0919) in 2026
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- Do NOT convert from GC=F to GLD for hedging — use GLD price directly
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implementation_hints:
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- Update app/pages/hedge.py strike calculations
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- Update app/services/strategy_templates.py estimated contract calculations
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- Verify app/components/strategy_panel.py displays correct contract count |