income-desk 1.1.1

Systematic options trading intelligence for small accounts. Regime detection, profitability gates, Kelly sizing, crash sentinel, decision audit. Your personal trading desk brain.

income-desk

The brain behind your trading desk.

Every trade suggestion is bespoke to your portfolio, your risk profile, your capital. This isn't a signal service — it's a personal trading intelligence system for income-first options traders.

pip install income-desk
income-desk --trader us       # See it in action immediately
income-desk --trader india    # India market version

---

Quick Start: Workflow Harness

The fastest way to understand income-desk. One command walks you through every API — with real broker data or seamless simulated fallback.

python -m challenge.harness

+------------------------------------------------------------------+
|                         WORKFLOW HARNESS                         |
+------------------------------------------------------------------+
| Market: US                                                       |
| Broker: tastytrade (LIVE)                                        |
| Data:   Broker connected (market closed)                         |
| Tickers (16): AAPL, AMZN, DIA, GLD, GOOGL, IWM + 10 more       |
| Account: NLV USD 32,635  |  BP USD 30,555                       |
+------------------------------------------------------------------+

What it does

Exercises all 15 workflow APIs across 7 phases that mirror a real trading day. Each workflow prints:

• API signature with all Pydantic request fields and values
• CLI equivalent (analyzer-cli> rank SPY QQQ ...)
• Tabular results — regimes, ranked trades, gate scorecards, stress scenarios, Greeks

Data source handling

Condition	What happens
Market open + broker credentials	Live quotes from TastyTrade (US) or Dhan (India)
Market closed + broker credentials	Account data live, quotes from simulated presets
No broker credentials	Full simulated mode — works out of the box

Pricing data is clearly flagged when simulated: ** SIMULATED QUOTES — not tradeable **

Usage

# Interactive — pick market, walk through each phase
python -m challenge.harness

# Non-interactive — run all phases, get pass/fail summary
python -m challenge.harness --all --market=US
python -m challenge.harness --all --market=India

# Single phase
python -m challenge.harness --phase=2 --market=US    # Scanning only
python -m challenge.harness --phase=5 --market=India  # Portfolio Risk

# Verbose — show library warnings and tracebacks
python -m challenge.harness --all --market=US --verbose

7 Phases, 15 Workflows

Phase	Trading Question	Workflows	Key Output
1. Pre-Market	Is it safe to trade?	health check, daily plan, snapshot	Crash sentinel (GREEN/RED), regime map, ticker snapshots
2. Scanning	What should I trade?	scan universe, rank opportunities	Screened candidates, ranked proposals with POP/score/credit
3. Trade Entry	Is this trade ready?	validate, size, price	Gate scorecard, Kelly sizing, leg quotes with bid/ask
4. Monitoring	How are positions?	monitor, adjust, overnight risk	Exit signals, adjustment recommendations, overnight risk levels
5. Portfolio Risk	What's my exposure?	Greeks aggregation, stress test	Net delta/gamma/theta/vega, 18-scenario stress results
6. Calendar	Any expiries today?	expiry day check	Expiry index, position urgency/deadlines
7. Reporting	How did today go?	daily report	Trade counts, P&L, win rate summary

Workflow chaining

Phases feed into each other naturally:

• Phase 2 rank_opportunities produces trade proposals with real strikes
• Phase 3 validate_trade + size_position + price_trade use that top proposal
• Phase 4-6 use demo positions (since harness doesn't manage real positions)

Pass/fail summary

After running all phases, the harness prints a summary:

  HARNESS SUMMARY
+-----------------+----------------------------+----------+
| Phase           | Workflow                   | Status   |
+-----------------+----------------------------+----------+
| 1-PreMarket     | check_portfolio_health     | OK       |
| 1-PreMarket     | generate_daily_plan        | OK       |
| ...             | ...                        | ...      |
| 7-Reporting     | generate_daily_report      | OK       |
+-----------------+----------------------------+----------+
  Total: 15  |  Passed: 15  |  Failed: 0

Files

File	Purpose
challenge/harness.py	Main script — phase menu, workflow calls, tabular output (~1100 lines)
challenge/harness_support.py	Broker setup, data source detection, demo positions, formatting (~560 lines)

---

The Trading Workflow

Trading doesn't start with placing an order. It starts with setting up your desk.

income-desk supports the complete lifecycle — from portfolio construction to AI/ML learning. Each step below shows what the library provides and what you can build on top.

---

Step 1: Set Up Your Portfolio & Investment Capital

Define your starting capital and risk tolerance. The library models your account and recommends how to structure it.

Library Features	Platform Ideas
recommend_desk_structure(capital, risk_tolerance)	Onboarding wizard that creates portfolio on signup
PortfolioAllocation model with asset class breakdown	Dashboard showing capital allocation pie chart
SimulatedAccount(nlv, cash, bp) for demo	Paper trading mode with virtual capital
Account providers for 6 brokers	Auto-fetch real account balance

income-desk --demo           # Creates $100K simulated portfolio
> desk 100000 --risk moderate

---

Step 2: Set Up Your Desks — Allocate Capital & Risk Limits

Split capital across trading desks, each with its own mandate. Desks are the organizational unit — income desk, 0DTE desk, wheel desk, directional desk.

Library Features	Platform Ideas
Asset class allocation: Options, Stocks, Metals, Futures	Visual desk builder with drag-and-drop allocation
compute_desk_risk_limits(desk, capital, regime)	Dynamic risk limits that adjust with market conditions
Regime-aware allocation (R4 → +15% cash reserve)	Auto-rebalance alert when regime shifts
India-specific: desk_expiry_day for weekly expiry	Separate India desk with lot-size awareness

> portfolio    # View all desks with capital allocation

---

Step 3: Define Asset Types Per Desk

Each desk has a strategy whitelist, DTE range, and instrument type. The 0DTE desk only takes same-day expiries. The income desk only takes 21-60 DTE defined-risk structures.

Library Features	Platform Ideas
Per-desk strategy whitelist (IC, credit spread, calendar...)	Strategy selector dropdown per desk
DTE ranges per desk (0DTE desk: 0-1, income desk: 21-60)	Trade routing engine based on DTE
suggest_desk_for_trade(desks, dte, strategy)	Auto-route trades to correct desk
Instrument type per desk (options, equities, mixed)	Desk-level P&L tracking

---

Step 4: Define Risk Profile — Defined vs Undefined Risk

Choose how much of your capital can be in undefined-risk positions. This controls what structures the system will suggest.

Library Features	Platform Ideas
Conservative: 100% defined risk (no naked options)	Risk profile selector during onboarding
Moderate: 80% defined, 20% undefined	Per-desk risk type enforcement
Aggressive: 60% defined, 40% undefined	Warning when undefined risk allocation exceeded
compute_margin_buffer(trade_spec, regime)	Margin utilization dashboard
compute_margin_analysis(trade_spec, nlv, bp)	Cash vs margin comparison before every trade

> margin_buffer SPY    # Margin impact preview
> margin SPY 35000     # Full margin analysis

---

Step 5: Define Universe of Underlyings

Pick what you trade. Built-in presets get you started. Broker watchlists sync automatically.

Library Features	Platform Ideas
Built-in presets: income (12 tickers), nifty50, sector_etf	Universe manager with save/load
ma.registry.get_universe(preset="income")	Custom watchlist builder
Broker watchlists via WatchlistProvider	Sync from broker app
85+ instruments with sector, liquidity rating	Filter by sector, options liquidity, market

> scan_universe income
> watchlist --list          # Show broker watchlists

---

Step 6: Screen the Universe

Filter your universe down to actionable candidates. Multiple screen types catch different setups.

Library Features	Platform Ideas
4 screens: breakout, momentum, mean reversion, income	Multi-screen dashboard
ma.screening.scan(tickers, min_score, top_n)	Daily auto-scan with email alerts
Liquidity filter (ATR < 0.3% auto-removed)	Candidate pipeline with scoring
Correlation dedup (same-regime, same-RSI deduplicated)	Heatmap of correlated candidates

> screen SPY QQQ IWM GLD TLT
> screen --watchlist income_etfs

---

Step 7: Rank Tickers

Rank surviving candidates by composite score: regime alignment, phase, IV rank, income bias. Every score is explainable.

Library Features	Platform Ideas
ma.ranking.rank(tickers) — 11 strategies per ticker	Ranked trade table with sort/filter
Composite score: regime alignment + phase + income bias	Score breakdown tooltip
IV rank map integration	IV rank overlay on ranking
Data gaps tracked per entry	Data quality indicator per candidate

> rank SPY QQQ IWM GLD TLT --debug
> rank --watchlist income_etfs --account 35000

---

Step 8: Build Scenario Trades (No Checks)

Generate trade structures for top candidates. These are proposals — not yet validated against your portfolio.

Library Features	Platform Ideas
assess_iron_condor(ticker, regime, tech, vol)	Trade builder with structure selector
assess_calendar(), assess_diagonal(), etc.	Visual payoff diagram
11 option play assessors	Side-by-side structure comparison
TradeSpec with legs, strikes, DTE, exit rules	Trade spec preview card
select_skew_optimal_strike()	Skew heatmap for strike selection
select_optimal_dte() from vol surface	DTE comparison chart

> opportunity SPY
> opportunity IWM --debug    # Full commentary trace

---

Step 9: Promote to What-If Trade — Full Checks

This is where income-desk's validation engine kicks in. The scenario trade gets tested against your portfolio, risk limits, and real market data.

Library Features	Platform Ideas
run_daily_checks() — 10-check profitability gate	Pre-trade compliance dashboard
run_adversarial_checks() — gamma stress, vega shock, breakeven spread	Stress test visualization
audit_decision() — 4-level scoring (leg/trade/portfolio/risk)	Decision report card UI
compute_position_size() — Kelly + correlation + margin	Position sizer with slider
compute_trust_report() — data quality + context quality	Trust badge on every trade
assess_crash_sentinel() — market health signal	Traffic light dashboard widget
score_entry_level() — enter now vs wait	Entry timing indicator
compute_limit_entry_price() — patient/normal/aggressive	Limit order price suggestion
compute_pullback_levels() — where trade gets better	Alert manager for pullback levels
assess_assignment_risk() — US american / India european	Assignment warning badge
compute_margin_analysis() + compute_margin_buffer()	Margin impact preview
assess_rate_risk() — interest rate sensitivity	Rate risk overlay

> validate SPY              # 10-check profitability gate
> audit SPY 35000           # 4-level decision audit
> kelly SPY 35000           # Position sizing
> sentinel                  # Crash sentinel status

---

Step 10: Execute & Book Trade

The validated trade becomes a real position. TradeSpec carries everything the broker needs — legs, strikes, expiration, order type, chase limit.

Library Features	Platform Ideas
TradeSpec with complete legs, strikes, expiration	One-click order from trade spec
build_closing_trade_spec() for exit orders	Pre-built close orders
suggest_desk_for_trade() — routes to correct desk	Auto-routing with confirmation
Demo portfolio: add_demo_position()	Paper trading execution
max_entry_price — chase limit	Fill quality monitoring
Entry window (time of day gates)	Execution window enforcement

> trade SPY                 # Place trade in demo portfolio
> close_trade abc123        # Close position and record P&L

---

Step 11: Monitor Trades

Ongoing position monitoring with actionable signals. Every check returns a concrete action — hold, close, or adjust — with a closing TradeSpec when needed.

Library Features	Platform Ideas
compute_monitoring_action() — hold/close/adjust with closing TradeSpec	Position dashboard with action buttons
monitor_exit_conditions() — profit target, stop loss, DTE exit, regime change	Real-time P&L with exit trigger alerts
compute_regime_stop() — R1=2x, R2=3x, R3=1.5x, R4=1.5x	Dynamic stop visualization
compute_time_adjusted_target() — close early if profitable fast	Trailing profit target chart
compute_remaining_theta_value() — hold vs close vs redeploy	Theta decay curve
run_position_stress() — ongoing adversarial stress	Position stress heatmap
check_trade_health() — unified health with overnight risk	Position health cards
assess_assignment_risk() — ITM warning before expiry	Assignment countdown alert

> health SPY                           # Position health check
> monitor SPY                          # Exit condition scan
> exit_intelligence SPY 10 0.30        # Exit analysis with DTE and P&L
> assignment_risk SPY                  # Assignment risk assessment

---

Step 12: Adjust Trades & Manage Lifecycle

When a position is tested, income-desk returns a deterministic adjustment decision — not a menu of options. Roll, convert, or close, with the exact TradeSpec to execute.

Library Features	Platform Ideas
recommend_action() — deterministic adjustment decision	One-click adjustment execution
CONVERT_TO_DIAGONAL — strategy switching on regime change	Strategy conversion wizard
handle_assignment() — sell/wheel/hold decision with TradeSpec	Assignment handler workflow
analyze_cash_secured_put() — CSP/wheel analysis	Wheel strategy tracker
analyze_covered_call() — CC after assignment	Post-assignment action plan
rebalance_desks() — periodic desk rebalancing	Monthly rebalance scheduler
evaluate_desk_health() — desk performance scoring	Desk performance dashboard

> adjust SPY                           # Get adjustment recommendation
> assignment SPY 570 put               # Handle assignment scenario
> csp IWM 240 2.50                     # Cash-secured put analysis
> covered_call IWM 240                 # Covered call after assignment

---

Step 13: Feed AI/ML for Learning

Close the loop. Every trade outcome flows back into the system. Ranking weights calibrate, gate thresholds tune, and the system gets sharper over time.

Library Features	Platform Ideas
calibrate_weights(outcomes) — adjusts ranking from real results	Weekly auto-calibration job
analyze_adjustment_effectiveness(outcomes) — which adjustments work	Adjustment analytics dashboard
analyze_gate_effectiveness(gate_history, shadow, actual) — are gates too tight?	Gate tuning interface
TradeOutcome model — captures entry, exit, regime, P&L	Trade journal with tagging
PerformanceReport — by strategy, by regime	Performance analytics
Shadow portfolio tracking — blocked trades' hypothetical P&L	"What if" tracker for rejected trades

> performance                          # Performance report
> sharpe                               # Sharpe ratio analysis
> drift                                # Portfolio drift detection

---

Try It Now

pip install income-desk

# Full US trading simulation
income-desk --trader us

# Full India trading simulation
income-desk --trader india

# Interactive demo with $100K portfolio
income-desk --demo

# Offline (weekends/after hours)
income-desk --sim income      # Ideal income day (elevated IV, R1)
income-desk --sim recovery    # Post-crash rich premiums (R2, IV rank 80%+)
income-desk --sim crash       # Test crash playbook

Supported Brokers

Broker	Market	Cost
Alpaca	US	Free (delayed)
TastyTrade	US	Account required
IBKR	US/Global	Account required
Schwab / thinkorswim	US	Account required
Dhan	India	Free API
Zerodha	India	Account required

Note: thinkorswim is Schwab's trading platform. The Schwab broker integration covers both — connecting via the Schwab API gives you access to thinkorswim accounts. No separate integration needed.

income-desk --setup    # Connect your broker

Works without any broker (yfinance free data). Connect a broker for real-time quotes, Greeks, and HIGH trust analysis.

Multi-Account Consolidation

Many traders have accounts across multiple brokers — TastyTrade for options, Schwab for equities, Fidelity for retirement. income-desk treats ALL your accounts as one portfolio.

Library Features	Platform Ideas
Pluggable broker ABCs — connect multiple simultaneously	Unified portfolio dashboard across brokers
PortfolioExposure aggregates across all positions	Cross-broker risk dashboard
compute_position_size() considers ALL open positions	Sizing that knows about your Fidelity IRA AND your TastyTrade options
CSV import from any broker	Consolidate without API — just upload trade exports
Correlation checks across all tickers regardless of account	One correlation matrix, all accounts
Crash sentinel monitors all positions	Single alert for all accounts

Example: You have 3 accounts:

• TastyTrade: 2 iron condors (API connected)
• Schwab IRA: 5 equity positions (API connected)
• Fidelity 401K: index funds (CSV import)

income-desk sees all 10 positions as ONE portfolio. Kelly sizing accounts for the Fidelity positions. Correlation checks catch SPY IC + SPY index fund overlap. The crash sentinel monitors everything.

CSV import for non-API brokers:

> import_trades ~/Downloads/fidelity_trades.csv
Detected: fidelity | Imported: 12 positions | Skipped: 2

Supported formats: thinkorswim, TastyTrade, Schwab, IBKR, Fidelity, Webull, generic.

Trust Framework

Every output tells you how much to trust it:

TRUST: 85% HIGH
  Data: 90% HIGH (broker_live) | Context: 85% HIGH (full mode)
  Fit for: ALL purposes including live execution

No broker? Trust = LOW — fit for research only. Full trust framework docs

Forward Testing, Not Backtesting

income-desk has no backtesting engine. Deliberately.

Start with 1 contract. Validation gates protect your capital. System learns from YOUR real outcomes. Kelly scales up as edge is proven.

1 contract → validation gates protect → record outcome →
calibrate_weights() learns → Kelly scales up → repeat

Workflow APIs

15 high-level operations — one function call per trading action. All rate limiting, caching, and orchestration handled internally. Trades only propose strikes verified liquid in the broker's option chain.

from income_desk.workflow import generate_daily_plan, DailyPlanRequest

plan = generate_daily_plan(
    DailyPlanRequest(tickers=["NIFTY", "BANKNIFTY", "RELIANCE", "TCS"], capital=5_000_000, market="India"),
    ma,
)
# plan.proposed_trades[0].short_put = 2300 (verified OI=305,000)

Category	Workflows
Pre-market	generate_daily_plan, snapshot_market
Scanning	scan_universe, rank_opportunities
Trade entry	validate_trade, size_position, price_trade
Positions	monitor_positions, adjust_position, assess_overnight_risk
Portfolio risk	aggregate_portfolio_greeks, check_portfolio_health
Stress testing	stress_test_portfolio (18 macro scenarios)
Expiry	check_expiry_day
Reporting	generate_daily_report

Every workflow: Pydantic request in, Pydantic response out, WorkflowMeta with timestamp and warnings.

---

Simulated Market Data — Weekend & After-Hours Testing

Full pipeline works without broker, internet, or market hours. Swap one line to go from live to simulated.

from income_desk.adapters.simulated import create_india_trading, create_ideal_income, SimulatedMetrics

# India: 22 tickers (5 indices + 17 F&O stocks, correct strike intervals & lot sizes)
sim = create_india_trading()

# US: 16 tickers (SPY/QQQ/IWM + AAPL/MSFT/NVDA/TSLA + sector ETFs)
sim = create_ideal_income()

# Create analyzer — all 15 workflows work identically
ma = MarketAnalyzer(data_service=DataService(), market_data=sim, market_metrics=SimulatedMetrics(sim))

# Discovery: what tickers does this simulation support?
sim.supported_tickers()   # ["NIFTY", "BANKNIFTY", "RELIANCE", ...]
sim.has_ticker("NIFTY")   # True
sim.ticker_info()         # {"NIFTY": {"price": 23000, "iv": 0.18, ...}}

Available presets: create_calm_market, create_volatile_market, create_crash_scenario, create_post_crash_recovery, create_wheel_opportunity, create_india_market, create_india_trading, create_ideal_income.

---

Portfolio Stress Testing

Run all 18 macro scenarios against your portfolio in one call. Factor model with correlations, IV leverage effect, and Monte Carlo confidence intervals.

from income_desk.workflow import stress_test_portfolio, StressTestRequest

result = stress_test_portfolio(
    StressTestRequest(positions=my_positions, capital=5_000_000, market="India"),
    ma,
)
# result.risk_score = "safe"
# result.worst_scenario = "black_monday" (INR -8,814 loss)
# result.scenarios_breaching_limit = []

18 scenarios: S&P corrections (-5/-10/-20%), Black Monday, NIFTY crash, FII sell-off, RBI rate hike, commodity meltup, gold crash, rate shock, inflation/deflation, tech rotation, geopolitical shock, correlation spike.

Scenario engine (income_desk/scenarios/) also available standalone for stress-testing market data:

from income_desk.scenarios import apply_scenario
stressed_sim, result = apply_scenario(baseline, "nifty_down_10")
# stressed_sim is a new SimulatedMarketData — use with any workflow

---

Daily Profitability Test

Run every market day to verify the pipeline is production-ready:

.venv_312/Scripts/python.exe scripts/daily_profitability_test.py          # live Dhan
.venv_312/Scripts/python.exe scripts/daily_profitability_test.py --sim    # simulated

Produces a GO / CAUTION / NO-GO verdict based on: broker connectivity, option chain quality, regime detection, trade recommendation quality, validation gate pass rate, and position sizing sanity. Reports saved to ~/.income_desk/profitability_reports/.

---

Documentation

• User Manual — complete guide by purpose, geography, user journey
• Trust Framework — 3-dimensional data reliability scoring
• Data Interfaces — bring your own data source
• Crash Playbook — systematic crash response protocol
• Launch Plan — project roadmap
• API Reference — full Python API
• Workflow API Spec — workflow architecture

90+ CLI Commands

Workflows:  daily_plan, snapshot, portfolio_greeks, profitability, presets, expiry_check, scenario, stress_portfolio
Trading:    validate, rank, screen, opportunity, entry_analysis, kelly, audit, sentinel
Monitoring: health, monitor, exit_intelligence, adjust, assignment_risk
Portfolio:  desk, portfolio, trade, close_trade, rebalance
Sizing:     kelly, size, margin, margin_buffer, csp, covered_call
Research:   regime, technicals, vol, levels, research, stress, rate_risk
Account:    balance, quotes, watchlist, wizard

Run help in the CLI for the full list.

Contributing

See CONTRIBUTING.md. Adding a broker = ~170 lines of field mapping, zero core changes.

License

MIT — see LICENSE.