№144 SPY $740C WIN +32.5%·№143 SPY $740C WIN +47.6%·№142 SPY $738C WIN +72.9%·№141 SPY $735C LOSS -44.7%·№140 SPY $742C WIN +51.2%·№139 SPY SKIPPED · Pre-FOMC. Outside our morning window. Setup needed momentum we didn't have yet.·№138 SPY $730P WIN +38.4%·№137 SPY $733C WIN +66.0%·№136 SPY $725C LOSS -31.5%·№135 SPY SKIPPED · Outside our morning entry window. Late-day reversals have lower confidence in our backtest.·№144 SPY $740C WIN +32.5%·№143 SPY $740C WIN +47.6%·№142 SPY $738C WIN +72.9%·№141 SPY $735C LOSS -44.7%·№140 SPY $742C WIN +51.2%·№139 SPY SKIPPED · Pre-FOMC. Outside our morning window. Setup needed momentum we didn't have yet.·№138 SPY $730P WIN +38.4%·№137 SPY $733C WIN +66.0%·№136 SPY $725C LOSS -31.5%·№135 SPY SKIPPED · Outside our morning entry window. Late-day reversals have lower confidence in our backtest.·№144 SPY $740C WIN +32.5%·№143 SPY $740C WIN +47.6%·№142 SPY $738C WIN +72.9%·№141 SPY $735C LOSS -44.7%·№140 SPY $742C WIN +51.2%·№139 SPY SKIPPED · Pre-FOMC. Outside our morning window. Setup needed momentum we didn't have yet.·№138 SPY $730P WIN +38.4%·№137 SPY $733C WIN +66.0%·№136 SPY $725C LOSS -31.5%·№135 SPY SKIPPED · Outside our morning entry window. Late-day reversals have lower confidence in our backtest.·
Live·0 open · +$0·awaiting first update

We post
the tape.
You decide.

SPY options. One or two trades a day. Every entry, every exit, every skip, posted publicly. There is no other ledger.

Founding rates reserved for waitlist members

This month
0
+0 vs last month
Win rate
—
0 wins · 0 losses
Cumulative P&L
+$2,971
normalized to $1k per trade
Skipped
0
signals passed this month
Every trade, on the record.
Built in CanadaBring your own brokerNo hidden tradesSkips on the tape
§ 01 · Manifesto
Trading edu sells you hope.Discord rooms sell you access.Newsletters sell you vibes.We sell nothing.We post the tape.You decide if it's any good.
§ 02 · The Number
100%
of trades go on the tape.
WinsLossesSkipped signalsthe ugly onesthe lucky ones
If we touched it, you see it. There is no other ledger.
§ 03 · The Stack

Three steps.
One verdict.
Public log.

No mystery box. Just a method, a call, and a record.

01 · THE SIGNAL

A pattern fires at a level.

We watch SPY at specific liquidity levels. The spots where fast money gets trapped. When the setup forms, we see it in real-time.

02 · THE VERDICT

Take it. Or pass it.

Not every signal becomes a trade. Some get skipped. Wrong time of day, missing confirmation, calendar risk. The reason gets posted with the call.

03 · THE TAPE

It goes on the record.

Triggered trades, skipped signals, opens, closes, all on the tape with timestamps. Nothing gets deleted. Nothing gets hidden.

§ 04 · The Tape

The receipts.
In public.

A peek at the last four entries. Normalized to $1,000 per position. Full ledger one click away.

№ 144Win
May 14, 2:14 AM
SPY $740 C
Exp May 26
long call · held 12m
Entry$7.17
Exit$9.50
SPY in$740.18
SPY out$741.50
+$325
+32.5% · exit_target
№ 143Win
May 12, 9:42 AM
SPY $740 C
Exp May 19
long call · hold not recorded
Entry$4.20
Exit$6.20
SPY in$738.40
SPY out$742.65
—
+47.6% · closed
№ 142Win
May 12, 8:32 AM
SPY $738 C
Exp May 16
long call · held 1h 47m
Entry$2.95
Exit$5.10
SPY in$736.10
SPY out$740.85
+$729
+72.9% · exit_target
№ 141Loss
May 11, 1:14 PM
SPY $735 C
Exp May 16
long call · held 38m
Entry$3.80
Exit$2.10
SPY in$734.50
SPY out$731.20
−$447
-44.7% · exit_stop
§ 05 · The Products

One method.
Two speeds.

The same discipline applied to two very different instruments. Both post every decision, including the ones that never became trades.

The fast one
SPY options

Reversal setups at key liquidity levels, one or two a day, some days none. Contracts one to two weeks out, most positions opened and closed the same session.

InstrumentSPY options
HoldHours, same session
Sizing$1,000 normalized
+$2,971
realized on 13 ledger entries · normalized to $1k
The patient one
Second Helping

Large, established companies that drop hard on news. Researched to see whether the drop is real, bought only once price confirms a recovery, held for a 5 to 15 percent move.

InstrumentLarge-cap shares
HoldWeeks, up to 30 sessions
Sizing$1,000 normalized
3
candidates on the ledger · 0 reached entry · no closed positions yet
§ 06 · Strategy

What we
actually do.

Trade plans should come with receipts.

We trade SPY options on specific reversal patterns at key liquidity levels. The kind of setup that forms when fast money gets trapped on the wrong side of a level.

Contracts are typically 1 to 2 weeks to expiry. Positions are opened and closed the same session, usually inside an hour or two.

Hard rules: maximum one to two trades per day. Some days, zero. When the setup isn't there, we sit. Never let a winner turn into a loser. Take 75% off at the first target. Leave a runner.

No moonshots. No revenge trades. No averaging down. When the methodology fails (and it will), it fails publicly.

Early access window open

Get on
the list.

Founding rates are reserved for waitlist members. We'll email you when the real-time alert engine launches.

1 on waitlist

§ 07 · FAQ

Questions,
answered.

Drop us a line at hello@poutinecapital.com.

What is Poutine Capital?+
A SPY options signal service with a fully public track record. Right now we're running the tape publicly. Paid real-time alerts launch later this year.
How are signals generated?+
A custom pattern detector monitors SPY at specific liquidity levels. Every match gets evaluated against the methodology. Only valid setups become trades. The rest go on the tape as skipped, with the reason.
What's the win rate?+
See the live stats at the top. They update in real-time. Past performance doesn't predict future results, but transparency builds trust.
What expirations and hold times?+
Contracts are typically 1 to 2 weeks to expiry, with enough time premium that decay isn't fighting you. Most positions are opened and closed the same session, usually within an hour or two.
Why $1,000 per trade?+
We normalize position size so the math is comparable across every entry on the tape. Your actual size is up to you.
Can I get the alerts now?+
Not yet. Join the waitlist for first access when paid alerts launch. Founding rates reserved for waitlist members.
Is this financial advice?+
No. Poutine Capital is informational only. We're not a registered investment advisor. Trade at your own risk. See full disclaimer at the bottom.