Sovereign's autonomous Sentinels — S&P 500 Index same-day-expiry iron-condor systems — validated across 20 years of market history and currently in a 30-day live calibration window. Founders enroll first — with a founders fee-structure lock and priority Sentinel access — when calibration completes.
Capital stays in your own brokerage account · cancel anytime · $25,000 minimum for SPX Sentinels · $2,500 minimum for SPY Sentinels
Three things founders get that public launch doesn't.
Your fee structure at activation is locked for 5 years. Per-Sentinel rates apply to your average daily account balance — your selected Sentinel determines your rate (see our pricing page for the full schedule). No performance bonuses or hidden charges. If our standard rates change for new customers later, your locked structure remains in effect through your founders' window.
Activation invitations go in FIFO order following the calibration window. The first 50 founders activate during a 14-day window before public enrollment opens. Position is locked at reservation timestamp.
Sentinels still completing their live-calibration window open to founders before public availability. Selecting them in the form indicates early-allocation interest — your founders' rate locks at the same per-Sentinel rate as the rest of the family (see pricing).
All numbers are 20-year backtested annualized performance, dual-framework cross-validated. Live calibration in progress.
Per-Sentinel monthly rates on your average daily account balance — your selected Sentinel determines your rate, not your account size. No performance bonuses, no hidden charges, no per-trade fees. Full rate matrix on our pricing page. As a founder, your fee structure is locked for 5 years from activation — even if our standard rates change for new customers later.
Looking ahead. Sovereign Trading is planning to introduce a performance-based fee component in the future, once the platform reaches operational maturity. Any future fee changes will be communicated at least 60 days in advance, will require separate written consent from each subscriber, and will not apply retroactively. Founders enrolled now lock in the current fee structure for 5 years from activation.
Nowhere. Capital stays in your own brokerage account at one of our supported brokers (Tastytrade, Tradier, Public, TradeStation, Schwab). Sovereign trades on your behalf via your account's API. We never hold, transmit, or control customer funds.
Anytime. There is no lock-in or contract. If you cancel mid-month, you pay through the end of that month and that's it. Closing your trading connection takes one click in your dashboard.
It depends on which Sentinel you pick.
SPX Sentinels: $25,000 per Sentinel. Sovereign's SPX Sentinels trade 0DTE iron condors at institutional sizing — each contract carries $2,500 of notional exposure, so the strategy needs $25K+ to size positions appropriately without one trade creating outsized account impact.
SPY Sentinels: $2,500 per Sentinel. Five SPY variants run the same strategy logic at retail sizing — each contract carries $100 of notional (SPY trades at ~1/10th the SPX index level), so the strategy scales down cleanly to $2,500. Performance metrics inherit from each SPY's parent SPX Sentinel since the strategy is byte-identical.
Both minimums are Sovereign's strategy-economics thresholds, not regulatory requirements. Below those levels, transaction costs and slippage erode returns to the point where the strategy doesn't compound the way it's designed to. The minimums protect your outcome more than they protect us.
S&P 500 same-day expiry options strategies have produced strong historical returns when implemented with disciplined risk controls. Our backtest applies realistic execution conditions — actual fill prices, real intraday volatility, and per-trade stop triggers. The 14-45% annual return ladder reflects what's defensible under those conditions. Past performance does not guarantee future results.
It depends on the Sentinel and the day's market conditions. Sentinels execute anywhere from 1 to 10 sequential SPX 0DTE iron condor positions on an active trading day — some days conditions warrant a single position, some days the strategy executes several in sequence as conditions evolve through the session, and some days no positions are placed because conditions don't satisfy the Sentinel's filters. You see every executed trade in your dashboard with timestamp and execution detail.
Yes. On active trading days, your Sentinel may execute up to 10 sequential positions through the session — each a complete iron condor with defined risk parameters. Your dashboard records every trade with full execution detail, so you can track exactly what was placed, when, and why.
Each Sentinel has filters that determine when conditions are appropriate for its strategy to execute. When market conditions don't satisfy those filters, the Sentinel stands down rather than forcing trades. This is by design — disciplined adherence to rules outperforms forced daily activity over time. A day with no trades is a day the Sentinel determined no acceptable opportunity existed.
Yes. Every SPX Sentinel is in active live paper trading right now — each runs its strategy against real market conditions every trading day, with simulated capital. ORACLE V1 began calibration earliest and has the longest record; the others started more recently and each is accumulating its live record daily. See /live-performance for every trade from every Sentinel, updated as they happen. The 5 SPY variants (SPY ELI / SPY KAIROS / SPY POLARIS / SPY PRECISION / SPY GENESIS) are in Phase A Lite validation — a 10-year backtest measured against each SPY Sentinel's SPX parent.
Activation begins per Sentinel after a substantial live record establishes — about 30 trading days from that Sentinel's calibration start. ORACLE V1 has the longest record so far; the newer Sentinels need more time to accumulate. You'll receive notification before activation. Founders pricing is locked when you reserve, not when you activate.
ORACLE V1 began live paper trading earliest, so it has the most accumulated data. The other Sentinels began calibration more recently — the gap is calendar time. Each is accumulating its own record daily; you can watch all of them at /live-performance.
We don't make forward-looking projections. The /live-performance page shows every trade from every Sentinel as it happens — entry, management, exit, outcome. Visit daily, observe the patterns, draw your own conclusions. Sovereign provides transparency, not promises. (Backtested figures on each Sentinel's page are historical — what the strategy produced over the 20-year validation window — not a forecast.)
Live paper trading is specifically there to reveal real strategy performance in current market conditions. Every trade outcome is published — favorable or unfavorable — as it accumulates. Customer activation decisions are based on what the data actually shows, not on what anyone projects.
Each Sentinel trades in paper mode at institutional-scale paper trading. Real market data, real execution timing, real intraday stop triggers — but no real money at risk. Live performance accumulates in real time at /live-performance. When a Sentinel's calibration window completes, it opens to founders for activation.
No backtest is a forecast. Hypothetical performance has inherent limitations. Live trading involves real fill prices, real intraday volatility, and the per-trade MPYA Brain (an Anthropic API gate) that the backtest doesn't model. Live results may differ — that's the entire purpose of the 30-day calibration window we publish openly.
Sovereign Trading is a registered investment adviser pending. Trading S&P 500 Index same-day expiry iron condor options carries substantial risk and is not suitable for all investors. We follow SEC Marketing Rule 206(4)-1 in all customer-facing performance disclosures.
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