The backtest, 2023 to 2026
Backtested growth of $10,000 since January 2023, adjusted for real-world execution: ThetaWing's strategy against buying and holding the S&P 500 (SPY), a standard same-day options strategy and a balanced fund. Losing stretches happen along the way. That's why you choose your own size.
| Series | $10k became | Per year | Worst drop | Worst month | Winning months |
|---|
Backtested results are simulated from historical market data, were prepared with the benefit of hindsight and are not actual trading results. Past performance, real or simulated, does not guarantee future results. Options trading involves substantial risk of loss and is not suitable for everyone.
Your account. Your server. Your size.
Everything runs in your name: your Interactive Brokers account, and a private server you own that ThetaWing sets up in a few clicks. Your password lives only on that server. We never hold your money or your login, and the trading login can't withdraw or move money.
Your IBKR account
Use your existing Interactive Brokers account, or open one. You get a step-by-step checklist for options permissions and market data.
Guided setup
A guided install puts ThetaWing on a cloud server in your name in a few minutes. No coding, and no computer left running at home.
Choose your size
You decide how many contracts to trade. ThetaWing handles every entry, stop and exit, and reports to your phone at entry, at exit and at the end of the day. Pause any time.
Twenty minutes of setup. Full control, for good.
Most automated services ask for your password, or ask you to move your money onto their platform. ThetaWing works the other way around. That takes a few extra minutes to set up, and it's worth it.
Your money never moves
It stays in your own Interactive Brokers account. Nothing is sent to us and nothing is pooled.
Your password stays with you
It's stored only on a private server in your name. We never see it.
A login that can't withdraw
ThetaWing's IBKR login can place trades. IBKR doesn't let it withdraw or move a dollar.
You can switch it off
Pause it, remove its IBKR login, or shut down your server. Any one stops ThetaWing.
You're never on your own. A step-by-step guide walks you through setup, and a real person can do it with you on a short call.
Worst case known at entry. Back in cash by the close.
The day can still lose. The night can't. Every position has its maximum loss set before it opens, the strategy trades smaller on rough days and adds protection, never size, and everything is closed before the bell.
Capped before it opens
Protection is in place from the moment a trade opens, so the most it can lose is known in advance.
Flat by the close
No overnight gaps, no assignment surprises, nothing open at 3 a.m.
Never doubles up
Never trades more than the size you set, and never adds to a losing trade to win it back.
Built for people with a life outside the market. Set your size, get on with your day, and go to bed with nothing open.
What makes ThetaWing different
Built for Canadians
Made in Canada for Interactive Brokers Canada. Most automation tools only work with US brokers.
Not a bot builder
No rules to design or tune. The strategy is already built and backtested.
Adapts to the market
It changes its approach on rough days instead of running the same trade every day.
No $25,000 minimum
IBKR Canada accounts aren't subject to the US pattern day trader rule, and SPY's smaller contracts suit smaller accounts.
How it compares
ThetaWing next to the usual ways Canadians trade options or automate investing.
| ThetaWing | Income ETFs | Robo-advisors | Trade it yourself | Bot-building tools | |
|---|---|---|---|---|---|
| Nothing open while you sleep Every position closed before the bell | ✓ | ✗ | ✗ | Up to you | If you build it |
| Max loss set before every trade You know the worst case up front | ✓ | No per-trade cap | No per-trade cap | Up to you | If you build it |
| Money stays in your account Your money, your broker | ✓ | ✓ | Own platform | ✓ | ✓ |
| We never hold your password Your login lives only on your own server | ✓ | No login needed | They run your account | ✓ | Linked to their platform |
| Flat monthly fee Never a % of assets or profits | ✓ | Yearly % fee | Yearly % fee | Commissions only | Usually subscription |
| Places every trade for you You set the size, it does the rest | ✓ | ✓ | ✓ | ✗ | Once you build it |
| Works with IBKR Canada Canadian accounts supported | ✓ | ✓ | Own platform | ✓ | Often US-only |
Compares general categories, not specific products. Fees, features and risks vary by provider.
Join the waitlist
We're building a live track record before opening the beta. Everyone on the waitlist gets:
- First access when the beta opens
- Free, one-on-one help with setup
- Beta pricing, announced to the waitlist first
- A real person answers every email: the developer, not a chatbot. Your feedback shapes the product.
Questions
Do you hold my money or have access to my account?
No. Your money stays in your own Interactive Brokers account, and ThetaWing runs on a server in your name. You enter your own login there during setup and it's never shared with us. We never have access to your account, and updates are installed only when you approve them.
What does it trade?
Same-day (0DTE) options on SPY, the fund that tracks the S&P 500 and the most heavily traded ETF in the world, with one of the deepest options markets anywhere. Every position is defined-risk and closed before the bell.
Can I lose money?
Yes. Options carry real risk and losing days happen. Because the most a trade can lose is known before entry, you can choose a size whose worst day you can live with. It never adds size to win back a loss. Only trade money you can afford to lose.
How was the backtest built?
On recorded SPY 0DTE options data from January 2023 to November 2026, using today's strategy settings, with commissions and slippage included. Real trading always differs from a backtest, which is why we're building a live track record before opening the beta.
What do I control?
Your account, your server and your position size. You can pause or stop trading at any time.
How much will it cost?
A flat monthly fee in Canadian dollars, billed monthly in advance. No annual lock-in, and it never takes a share of your profits. Interactive Brokers bills market data separately; the setup checklist shows what you need. Beta pricing goes to the waitlist first.
When does the beta start, and what do I need?
We'll email the waitlist when the beta opens. You'll need a regular Interactive Brokers margin account with options permissions, and we recommend at least US$5,000 to run one contract. That covers the margin plus a bad day, with room to spare. We'll send the full setup checklist when you sign up.
Do I need $25,000 to day trade?
Not with Interactive Brokers Canada. The US pattern day trader rule ($25,000 minimum) doesn't apply to accounts carried by IBKR Canada for non-US residents, so ThetaWing can trade every day in a smaller account.
Can I use my TFSA or RRSP?
No, and that works in your favour. ThetaWing runs in a regular Interactive Brokers margin account, so it doesn't touch your TFSA or RRSP contribution room. There's no annual limit, no over-contribution penalty, and you can add or withdraw any time.
Do I need to be in Canada?
No, but we're starting with Canadian users and Interactive Brokers Canada.