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Options desk policies

Event risk and expiry policies

Understand how Mayospell handles earnings, CPI, Fed events, and same-day expiry risk inside the options desk.

Updated July 5, 2026

Event-approved trading

Opening new positions into earnings or large macro events should require explicit event approval so the desk can distinguish process from gambling.

Same-day expiry exposure

Same-day and next-day expiry structures can move too violently to treat like ordinary flow. Mayospell caps their size and expects faster de-risking.

Why the desk cares

The whole point of the options layer is to evaluate what a trader does under complex volatility conditions, not to pretend those conditions do not exist.