About Theta Receipts
We publish transparent, hypothetical backtests and simple math tools for options traders, especially premium sellers.
What we do
- Test one clear question per study and show the method, the tables, the charts and the caveats.
- Show losses and drawdowns as prominently as wins.
- Build free calculators that turn screenshots into math.
What we never do
- No trade signals, alerts, or “today’s trade.”
- No income promises.
- No naming or attacking individuals. We critique claims and math, not people.
- No personalized advice.
How the backtests work
Daily SPX and VIX bars from public price data, with options priced by a Black-Scholes model, fees and slippage included. Model prices are not real quotes, so results are for relative comparison between rules, not a forecast of what you’d earn.
Theta Receipts is operated by a Florida limited liability company.
Contact: [email protected]
Get one study a week
Plain-English backtests. No signals, no hype. Free rule card when you join.
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