Cloud Software Basket

Thesis

Profit from rising cloud software stocks by holding a long basket of Microsoft, Oracle, ServiceNow, CrowdStrike and Cloudflare perpetuals.

Strategy

• Buys the basket: Open MSFT, ORCL, NOW, CRWD and NET on the first run, then check hourly and reopen any missing position. • Equal starting weights: Target 20% of allocated USDC per stock at entry, within the remaining exposure budget, with a $10 venue minimum and 1% price limit. • Holds until stopped: Keep existing positions without scheduled rebalancing, stop-losses or profit targets; stopping closes the basket.

Exposure

• Holds: Five cloud stock perps — MSFT, ORCL, NOW, CRWD and NET stock-price contracts, not company shares, with USDC collateral. • Venue: Hyperliquid / Trade.xyz — Funds stay on Hyperliquid, starting with at least 60 USDC. • Leverage: 1x target at entry — Total exposure initially targets the allocated USDC; weights and exposure drift as prices move. • Costs: Trading fees and funding — Hyperliquid trading fees and ongoing funding payments or receipts. • Data: Circuit — Hyperliquid prices, market details and allocated holdings. • On unwind: USDC on Hyperliquid — Close all five perpetual positions and retain the resulting USDC.