polly-gamba 1.0.40 → 1.0.42

package/dist/claude-trader.js

@@ -212,6 +212,7 @@ ${m.description ? `- Description: ${m.description.slice(0, 200)}` : ''}`).join('
 - Correlation examples: "Will Jesus return before GTA VI", "Will BTC hit $1M before GTA VI", "Will China invade Taiwan before GTA VI" — all three resolve based on GTA VI's release date. They are the SAME theme.
 - Similarly: "Will Orbán be PM" and "Will Magyar be PM" are both the Hungary 2026 election — treat as same theme (you may hold both as a hedge pair, but do not add a third Hungary position).
 - IMPORTANT: All 2028 US election markets share one theme — "2028 US election". This includes: Dem primary nominees (Newsom, Harris, etc.), Rep primary nominees (Vance, Rubio, etc.), and the general election winner. Do NOT hold more than 2 positions across this entire cycle.
+- IMPORTANT: All Russia-Ukraine conflict markets share one theme — "Russia-Ukraine conflict". This includes: Putin removal, Zelenskyy removal, ceasefire timing, territorial outcomes, and any other market that resolves based on the Russia-Ukraine war's trajectory. Do NOT hold more than 2 positions across this entire theme.
 - If you're uncertain whether a market correlates to an existing theme, assume it does and skip.
 
 ## CLOSED MARKET DISCIPLINE (absolute rule — never override):
@@ -310,14 +311,14 @@ ${positionLines}
 
 CLOSE RULES — apply ALL that match, no thesis override allowed:
 1. Exit trigger condition has been met (e.g. specific price level hit, event occurred). Apply literally.
-2. Position is down >35% AND the fundamental thesis has materially weakened or been disproven (market structure changed, key assumption invalidated).
+2. Position is down >35% — HARD CLOSE. This is a programmatic rule enforced server-side; by the time you see this position it may already be closed. Do NOT override with thesis defense.
 3. Your side of the position is priced below 10% — HARD CLOSE. The market has strongly repriced against you. Do NOT override this with "thesis not disproven yet." At <10%, expected value of holding is near zero.
 4. Position is down >50% — HARD CLOSE regardless of thesis. Cut losses. No exceptions.
 5. You have 2+ open positions in the SAME market with the SAME outcome — close the NEWER entry (higher ts value) regardless of P&L. Duplicate same-outcome positions double exposure without incremental edge. Keep the original entry.
 6. Position is UP >25% from entry AND has been held >48h — CLOSE to lock in profits. The market has moved significantly in your favor; gains are now vulnerable to reversion. Use take_profit reason. Exception: if the resolution event is within 7 days AND the position is still clearly on the right side, you may hold until resolution.
 7. STALE POSITION: Position held >7 days AND price has moved <5% from entry AND resolution event is >30 days away — CLOSE to redeploy capital. A position that doesn't move over 7 days means the mispricing wasn't as large as estimated. Cut it, accept the small loss/gain, and redeploy to markets with active price movement.
-8. CONCENTRATION VIOLATION: Count open positions by underlying theme (the single real-world event that resolves all of them). Examples: "Will Jesus return before GTA VI", "Will BTC hit $1M before GTA VI", "Will China invade Taiwan before GTA VI" all share the theme "GTA VI release date". Similarly "Will Spurs win NBA Finals", "Will OKC win NBA Finals", "Will Celtics win NBA Finals" all share the theme "2026 NBA Finals". IMPORTANT: All positions tied to the 2028 US election cycle share one theme — "2028 US election". This includes: 2028 Dem primary nominees (Newsom, etc.), 2028 Rep primary nominees (Vance, Rubio, etc.), and the 2028 general election winner — regardless of which stage of the race resolves each market. If you have 3+ positions in the same theme: close positions one by one (starting with the one whose current price is closest to 50/50) until you have ≤2 in that theme. If you have 4, you must close 2. If you have 5, close 3. Do NOT stop after closing just one if the theme still has 3+ positions. Apply this BEFORE checking other rules. This check requires the FULL position list — which is why Step 0 mandates calling get_positions first.
-9. SPORTSBOOK THESIS DECAY: If the original reasoning cited a sportsbook cross-reference (e.g. "sportsbooks imply X%, Polymarket shows Y%") AND the position is currently down >20%: estimate current sportsbook consensus from your world knowledge. If the original sportsbook-Polymarket gap has narrowed by >60% (e.g. original 15pp gap is now ≤6pp), the arbitrage thesis is exhausted — CLOSE with reason "thesis_decayed". Do not continue holding through hard stops when the original edge is structurally gone.
+8. CONCENTRATION VIOLATION: Count open positions by underlying theme (the single real-world event that resolves all of them). Examples: "Will Jesus return before GTA VI", "Will BTC hit $1M before GTA VI", "Will China invade Taiwan before GTA VI" all share the theme "GTA VI release date". Similarly "Will Spurs win NBA Finals", "Will OKC win NBA Finals", "Will Celtics win NBA Finals" all share the theme "2026 NBA Finals". IMPORTANT: All positions tied to the 2028 US election cycle share one theme — "2028 US election". This includes: 2028 Dem primary nominees (Newsom, etc.), 2028 Rep primary nominees (Vance, Rubio, etc.), and the 2028 general election winner — regardless of which stage of the race resolves each market. IMPORTANT: All Russia-Ukraine conflict positions share one theme — "Russia-Ukraine conflict". This includes: Putin removal/survival, Zelenskyy removal/survival, ceasefire timing, territorial outcomes — any market that resolves based on how the Russia-Ukraine war progresses. If you have 3+ positions in the same theme: close positions one by one (starting with the one whose current price is closest to 50/50) until you have ≤2 in that theme. If you have 4, you must close 2. If you have 5, close 3. Do NOT stop after closing just one if the theme still has 3+ positions. Apply this BEFORE checking other rules. This check requires the FULL position list — which is why Step 0 mandates calling get_positions first.
+9. SPORTSBOOK THESIS DECAY: If the original reasoning cited a sportsbook cross-reference (e.g. "sportsbooks imply X%, Polymarket shows Y%") AND the position is currently down >20%: CLOSE immediately with reason "thesis_decayed". This is a mechanical rule — a -20% drawdown on a sportsbook arb trade is itself the signal that the cross-market gap has closed or the thesis was wrong. Do NOT attempt to re-estimate current sportsbook consensus or override based on "the sportsbook line is still there." The drawdown is the verdict. No exceptions.
 
 HOLD RULES: If NONE of the close rules apply and exit trigger NOT triggered, do nothing (no output needed).
 

package/dist/position-monitor.js

@@ -144,9 +144,9 @@ class PositionMonitor {
         const hardStopClosed = [];
         for (const candidate of reviewCandidates) {
             const isPriceBelowFloor = candidate.current_price <= 0.10;
-            const isLargeEnoughLoss = candidate.gain_pct <= -0.50;
+            const isLargeEnoughLoss = candidate.gain_pct <= -0.35;
             if (isPriceBelowFloor || isLargeEnoughLoss) {
-                await this.executeHardStop(candidate, isPriceBelowFloor ? 'price_below_floor' : 'stop_loss_50pct');
+                await this.executeHardStop(candidate, isPriceBelowFloor ? 'price_below_floor' : 'stop_loss_35pct');
                 hardStopClosed.push(candidate.market_id);
             }
         }

package/dist/test/stress.js

@@ -257,15 +257,15 @@ async function runHardStopTests() {
         const isPriceBelowFloor = price <= 0.10;
         assert(isPriceBelowFloor, 'price=0.08 should trigger floor stop');
     });
-    await test('F2: loss = -50% triggers stop-loss', async () => {
-        const gain = -0.50;
-        const isLargeEnoughLoss = gain <= -0.50;
-        assert(isLargeEnoughLoss, 'exactly -50% should trigger stop-loss');
+    await test('F2: loss = -35% triggers stop-loss', async () => {
+        const gain = -0.35;
+        const isLargeEnoughLoss = gain <= -0.35;
+        assert(isLargeEnoughLoss, 'exactly -35% should trigger stop-loss');
     });
-    await test('F3: loss = -49.9% does NOT trigger stop-loss', async () => {
-        const gain = -0.499;
-        const isLargeEnoughLoss = gain <= -0.50;
-        assert(!isLargeEnoughLoss, '-49.9% should NOT trigger stop-loss');
+    await test('F3: loss = -34.9% does NOT trigger stop-loss', async () => {
+        const gain = -0.349;
+        const isLargeEnoughLoss = gain <= -0.35;
+        assert(!isLargeEnoughLoss, '-34.9% should NOT trigger stop-loss');
     });
     await test('F4: price = 0.10 triggers floor (boundary — off-by-one vs stated rule)', async () => {
         // Code uses <= 0.10 but the Claude prompt rule says "priced below 10%"
@@ -275,12 +275,12 @@ async function runHardStopTests() {
         assert(isPriceBelowFloor, 'price=0.10 triggers stop (code behavior)');
         console.log('\n    [NOTE] Boundary: price=0.10 triggers hard stop. Prompt says "<10%" but code uses "<=0.10".');
     });
-    await test('F5: price > 0.10 and loss < 50% — no hard stop', async () => {
+    await test('F5: price > 0.10 and loss < 35% — no hard stop', async () => {
         const price = 0.12;
-        const gain = -0.40;
+        const gain = -0.30;
         const isPriceBelowFloor = price <= 0.10;
-        const isLargeEnoughLoss = gain <= -0.50;
-        assert(!isPriceBelowFloor && !isLargeEnoughLoss, 'price=0.12, -40% should not trigger hard stop');
+        const isLargeEnoughLoss = gain <= -0.35;
+        assert(!isPriceBelowFloor && !isLargeEnoughLoss, 'price=0.12, -30% should not trigger hard stop');
     });
 }
 // ─── G) Double-Close Bug ─────────────────────────────────────────────────────

package/package.json

@@ -1,6 +1,6 @@
 {
   "name": "polly-gamba",
-  "version": "1.0.40",
+  "version": "1.0.42",
   "description": "Coinbase price signal → Claude brain → Polymarket CLOB execution",
   "main": "dist/index.js",
   "bin": {