Semis Breakout Basket

Thesis

Chip-stock hourly breakouts can continue; this basket spreads that bet across 13 stocks and exits failed moves.

Strategy

• Entries: Buy 24-hour breakouts from 07:00–13:00 PT on US trading days after 250 hourly bars; rank signals by 120-hour return. • Sizing: Use 40% slices, 20% below $5M open interest, halved below the sector's 200-hour EMA; leverage scales slices within the gross cap. • Exits: Exit below the 12-hour low, at 2.5 ATR, or after 60 hours without +1R; a 6% open loss cuts the weakest half.

Exposure

• Holds: 13 chip-stock perps — Long NVDA, AMD, MU, TSM, INTC, SNDK, AVGO, MRVL, QCOM, ARM, WDC, ASML and AMAT, with USDC collateral. • Venue: Hyperliquid xyz — USDC and chip-stock positions stay on Hyperliquid; entries rest until filled or the next hourly decision. • Leverage: 0.25–3x sizing — Defaults to 1x sizing and a 150% gross target cap; the lower user cap and each market's limit control orders. • Costs: Trading fees, funding — Hyperliquid charges trading fees and applies funding to held stock positions. • Data: Circuit — Hourly prices build the equal-weight chip gauge; live open interest determines thin-name sizing and reported margin measures headroom. • On unwind: USDC — After stopping, Terminal cancels remaining orders and closes positions; stopping alone leaves them unchanged.