{
  "sleeve_risk_fractions": {
    "pmcc": 0.02,
    "diagonal": 0.1,
    "r2_spread": 0.05,
    "naked": 0.02,
    "credit_spread": 0.02
  },
  "overlay_risk_fractions": {
    "vix_call_hedge": 0.005,
    "spy_put_tail": 0.005
  },
  "overlay_risk_cap_frac": 0.01,
  "total_risk_cap_frac": 0.22,
  "strategy_params": {
    "vix_r1_max": 12.0,
    "vix_r2_max": 20.0,
    "vix_r3_max": 30.0,
    "r1_strangle_dte": 7,
    "r1_call_delta": 0.45,
    "r1_put_delta": -0.18,
    "r1_time_stop_days": 7,
    "r1_tp_frac": 0.5,
    "r1_sl_frac": -0.5,
    "risk_fraction_per_trade": 0.02,
    "r2_put_spread_risk_fraction": 0.05,
    "r2_risk_per_contract": 150.0,
    "r2_tp_per_contract": 50.0,
    "r2_sl_per_contract": -150.0,
    "r2_time_stop_days": 14,
    "r2_spread_tp_frac": 0.5,
    "r2_spread_time_stop_days": 21,
    "r2_diag_leg_specs": [[21, -0.3, "sell"], [45, -0.15, "buy"]],
    "r2_credit_leg_specs": [[30, -0.22, "sell"], [30, -0.09, "buy"]],
    "r3_credit_leg_specs": [[45, -0.15, "sell"], [45, -0.07, "buy"]],
    "r3_tp_frac": 0.5,
    "r3_sl_frac": -4.0,
    "r3_time_stop_days": 24,
    "r4_credit_leg_specs": [[45, -0.15, "sell"], [45, -0.05, "buy"]],
    "r4_tp_frac": 0.5,
    "r4_time_stop_days": 24,
    "sizing_min_max_risk_usd": 25.0,
    "contract_multiplier": 100.0
  }
}