{
  "sleeve_risk_fractions": {
    "pmcc": 0.04,
    "diagonal": 0.2,
    "r2_spread": 0.1,
    "naked": 0.04,
    "credit_spread": 0.04
  },
  "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
  }
}