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 bars from public price data, with options priced by a Black-Scholes model under stated volatility assumptions, fees and slippage included. Each study lists its exact assumptions. 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.
Opens our Beehiiv signup page to confirm. Or subscribe free on Beehiiv. Unsubscribe anytime.