Theta decay panic
is a pattern, not a personality.
Selling premium when IV is wrong. Holding a 0DTE past your stop "to see what happens." Kaxse names the failure mode by name and gates the next entry.
The actual problems
The three things options traders keep losing money on.
Not strategy. Not tools. Behaviour — same patterns, repeated.
01
Selling premium during high IV regimes.
You said no theta selling when VIX > 25. Then the calendar said it would be fine. Kaxse blacklisted-instrument rule applies to expiration windows + IV thresholds — surfaces the violation in the warm-up before you place the trade.
02
Holding 0DTE past stop for "lottery ticket" reasons.
The contract is at $0.05. "It's practically free." Then it expires worthless and your max-loss-per-trade rule gets crushed. Kaxse's rule fires immediately; the AI coach calls it sunk cost by name.
03
Adding to losers in a complex spread.
The leg moved against you. You roll it. Now the position is 3x bigger and 2x as confusing. Kaxse's max-position-size tracks the underlying delta, not just the contract count — surfaces the real exposure.
Why Kaxse fits
The behavioural layer, tuned for options traders.
Distortion taxonomy for options
Sunk cost, anchoring on entry premium, recency bias on assignment risk — all named by the AI coach in real time.
Strategy-tagged playbooks
Iron condor, vertical, calendar, naked premium — each strategy gets a playbook with its own confirmation rules and stop discipline.
Risk rules with notional awareness
Max loss per trade calculated on max-loss of the spread, not just the debit. Kaxse evaluates the actual risk surface.
AI coach for the assignment moment
Position approaching short strike with hours to expiry — the coach surfaces the choices: roll, close, manage. Doesn't decide for you. Names the option clearly.
Time-decay-aware time-in-position
Different rule thresholds for 0DTE vs weekly vs monthly. Configure once; the engine knows the difference.
Vault for the panic close
When daily loss fires, the broker login seals. Stops the "let me just close one leg" loop that ends with three more bad rolls.
Built for options traders.
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Kaxse never places or cancels orders on your account.