Agent skill

Ib Collar

by staskh in staskh/trading_skills

Generate tactical collar strategy reports for protecting PMCC positions through earnings or high-risk events.

MITAuto-check: notesBusiness, Finance & HR

Install Ib Collar

skills CLI
$ npx skills add staskh/trading_skills --skill ib-collar -a claude-code

Project install by default; add -g for ~/.claude/skills/.

GitHub CLI
$ gh skill install staskh/trading_skills ib-collar --agent claude-code

Project scope by default; add --scope user for a personal install. Needs GitHub CLI 2.90.0 or later (public preview).

Manual copy
$ git clone --depth 1 https://github.com/staskh/trading_skills.git skills-src && mkdir -p .claude/skills && cp -r skills-src/.claude/skills/ib-collar .claude/skills/ib-collar && rm -rf skills-src

Use ~/.claude/skills/ instead of .claude/skills for a personal install. The folder must contain SKILL.md.

Claude Code skills documentation · loads skills from .claude/skills/

Facts

Skill name
ib-collar
GitHub stars
374
Token cost
~1k tokens
SKILL.md length
483 words
Files
3 (incl. scripts)
Skills in repo
28
Repo updated
First seen
Licence
MIT

At a glance

Generate tactical collar strategy reports for protecting PMCC positions through earnings or high-risk events.

  • Works in 3 steps: Gather Data → Format Report → Report Results
  • Business, Finance & HR work in your project
  • SKILL.md covers IB Connection, Instructions, Arguments and JSON Output, plus 2 more sections
  • Runs Python scripts from its folder; calls uv

What it does

Ib Collar is an agent skill from staskh/trading_skills. Generate tactical collar strategy reports for protecting PMCC positions through earnings or high-risk events. Requires TWS or IB Gateway running locally.

Its SKILL.md is about 1k tokens, which your agent loads only when the skill is triggered. The skill folder holds 4 other files, including scripts (for example `scripts/collar.py` and `templates/markdown-template.md`).

It sits in Business, Finance & HR. The repository describes itself as: Claude powered advisor system for option traders. The licence is MIT.

When your agent uses it

  • Business, Finance & HR work in your project

Example prompts

  • “/ib-collar”

Requirements

  • Python 3

Workflow steps

3 steps, taken from the step headings in SKILL.md.

  1. Gather Data
  2. Format Report
  3. Report Results

What it can do on your machine

Read from SKILL.md and the folder at commit b71a74f. It shows what the files ask for, not the result of running them.

  • Tool permissions

    Pre-approves nothing: there is no allowed-tools line, so your agent's usual permission prompts apply.

    From allowed-tools in the SKILL.md frontmatter.

  • Runs code

    Ships 1 file in scripts/ (Python), which the agent can run.

    Shell commands in SKILL.md call:

    • uv

    From the folder's file list and the shell code blocks in SKILL.md.

  • Network

    No URLs in SKILL.md. Its commands use uv, which can reach the network depending on how they are called.

    From URLs in SKILL.md, links to its own repository left out.

  • Credentials

    Names no API keys, tokens, secrets or passwords.

    From names ending in _API_KEY, _TOKEN, _SECRET, _KEY or _PASSWORD in SKILL.md.

Context cost

Ib Collar loads about 1k tokens when it runs. Until then it costs about 41 tokens; SKILL.md has 483 words of instructions outside code blocks.

Always · name and description, kept in context so the agent knows when to use it
~41
When it runs · the whole SKILL.md, loaded when a task matches
~1k

Estimates: characters ÷ 4, the usual rule of thumb; real counts depend on the model's tokenizer. Scripts and assets cost tokens only if the agent reads them.

Safety

Auto-check: notes

The automated check noted patterns worth knowing about, such as sudo or a known installer.

  • NoteMentions a .env fileSKILL.md:16
    lt-in default. Set it in the shell or a `.env` file.

Automated static check — not a guarantee. Review scripts before installing. It scans the text of SKILL.md for risky patterns (piping downloads into a shell, reading credential files, hidden Unicode, destructive commands); the scripts in this folder are not scanned.

SKILL.md

The full file from staskh/trading_skills at commit b71a74f, republished under its MIT licence (© staskh). 483 words, ~1,031 tokens.

Download SKILL.mdSave it as .claude/skills/ib-collar/SKILL.md (or your agent's skills folder). This skill also uses 2 other files; get the full folder from GitHub.
name
ib-collar
description
Generate tactical collar strategy reports for protecting PMCC positions through earnings or high-risk events. Requires TWS or IB Gateway running locally.
dependencies
trading-skills

IB Tactical Collar

Generate a tactical collar strategy report for protecting PMCC positions through earnings or high-risk events.

IB Connection

TWS or IB Gateway must be running locally with API enabled:

  • Paper trading — port 7497
  • Live trading — port 7496
  • IB_PORT env var — default port when --port is omitted (e.g. IB_PORT=4001 for a Gateway container). Precedence: --port flag > IB_PORT > built-in default. Set it in the shell or a .env file.

Port fallback: If the configured port fails, automatically retry on the other port. If the retry succeeds, save to memory which account type worked (live/paper) and reuse it for all IB skill calls in this and future sessions — until the user explicitly asks for the other account. If both ports fail, ask the user to verify that TWS or IB Gateway is running with API access enabled.

Instructions

Step 1: Gather Data
bash
uv run python scripts/collar.py SYMBOL [--port PORT] [--account ACCOUNT]

The script returns JSON to stdout with all position and scenario data.

Step 2: Format Report

Read templates/markdown-template.md for formatting instructions. Generate a markdown report from the JSON data and save to sandbox/.

Step 3: Report Results

Present key findings to the user: recommended put protection, cost/benefit, and the saved report path.

Arguments

  • SYMBOL - Stock symbol to analyze (must be in portfolio)
  • --port - IB port (default: 7497 for paper trading)
  • --account - Specific account ID (optional, searches all accounts)

JSON Output

The script returns JSON with these key fields:

  • symbol, current_price - Basic info
  • long_strike, long_expiry, long_qty, long_cost - LEAPS position
  • short_positions - List of short calls
  • is_proper_pmcc, short_above_long - PMCC health flags
  • earnings_date, days_to_earnings - Earnings timing
  • put_analysis - List of put scenarios with costs and P&L under gap up/flat/down
  • unprotected_loss_10, unprotected_loss_15, unprotected_gain_10 - LEAPS risk without collar
  • volatility - Historical volatility data
Show full SKILL.md (207 more words)Show less
Report Sections
  1. Position Summary: Current PMCC structure (long calls, short calls)
  2. PMCC Health Check: Is structure proper (short > long strike) or broken?
  3. Earnings Risk: Next earnings date and days until event
  4. Put Duration Analysis: Comparison of short vs medium vs long-dated puts
  5. Collar Scenarios: Gap up, flat, gap down outcomes with each put duration
  6. Cost/Benefit Analysis: Insurance cost vs protection value
  7. Implementation Timeline: Step-by-step checklist with dates
  8. Recommendation: Optimal put strike and expiration
Key Concepts

Proper PMCC Structure:

  • Long deep ITM LEAPS call
  • Short OTM calls ABOVE long strike
  • No additional margin required for collar

Broken PMCC Structure:

  • Long call is now OTM (after crash)
  • Short calls BELOW long strike require margin
  • Collar still works but margin implications exist

Tactical Collar:

  • Buy protective puts ONLY before high-risk events (earnings)
  • Sell puts after event passes
  • Balances income generation with crash protection

Put Duration Trade-offs:

  • Short-dated: Cheaper, more gamma, but zero salvage on gap up
  • Medium-dated (2-4 weeks): Best balance of cost, gamma, and salvage
  • Long-dated: Preserves value on gap up, but expensive and less gamma

Example Usage

bash
# Analyze NVDA position (defaults to paper port 7497)
uv run python scripts/collar.py NVDA

# Analyze specific account
uv run python scripts/collar.py AMZN --account U790497

# Use paper trading port instead
uv run python scripts/collar.py NVDA --port 7497

Timezone

All timestamps and time-based calculations must use the America/New_York timezone. All JSON output must include generated_at (NY time string) and data_delay fields.

© staskh, MIT. Rendered from Markdown: HTML in the file is shown as text, images as links, and headings moved down two levels. Raw file

Files

SKILL.md and 2 other files (scripts) in .claude/skills/ib-collar of staskh/trading_skills.

  • SKILL.md
  • scripts/collar.py
  • templates/markdown-template.md

Open the folder on GitHubat commit b71a74f

Compare with similar skills

Ib Collar next to the 5 skills that share the most tags, products or categories with it. Stars are the repository's; “used in” counts other GitHub owners with a copy.

Ib Collar compared with similar skills
SkillStarsUsed inTokensAuto-checkLicenceRepo updated
Ib Collar this skillstaskh/trading_skills374—~1kAutomated safety check: NotesMIT
Technical Analysttradermonty/claude-trading-skills3k5 repos~4.6kAutomated safety check: PassMIT
Creating Financial ModelsChen-zexi/open-ptc-agent7304 repos~1.3kAutomated safety check: PassMIT
Theme Detectortradermonty/claude-trading-skills3k2 repos~4.9kAutomated safety check: PassMIT
Stock APIzhangxiangliang/stock-api2k—~507Automated safety check: PassMIT
Itr Walakaranb192/itr-wala871—~3.6kAutomated safety check: PassMIT

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Questions about Ib Collar

What does Ib Collar do?

Generate tactical collar strategy reports for protecting PMCC positions through earnings or high-risk events. Ib Collar is an agent skill from staskh/trading_skills. Generate tactical collar strategy reports for protecting PMCC positions through earnings or high-risk events.

When should I use Ib Collar?

Ib Collar fits situations like: business, Finance & HR work in your project.

How do I install Ib Collar in Claude Code?

Run `npx skills add staskh/trading_skills --skill ib-collar -a claude-code`. Or copy the skill folder (.claude/skills/ib-collar in staskh/trading_skills) into .claude/skills/ib-collar in your project. Claude Code loads it when a task matches its description.

How do I install Ib Collar in Codex?

Run `npx skills add staskh/trading_skills --skill ib-collar -a codex`. Or copy the skill folder (.claude/skills/ib-collar in staskh/trading_skills) into .agents/skills/ib-collar in your project. Codex loads it when a task matches its description.

Can I use Ib Collar in Cursor, Gemini CLI or GitHub Copilot?

Cursor, Gemini CLI, GitHub Copilot and OpenCode also load SKILL.md folders. With the skills CLI, run `npx skills add staskh/trading_skills --skill ib-collar -a cursor` (or -a gemini-cli, github-copilot or opencode for the others). To copy it by hand, put the folder in .cursor/skills/ib-collar, .gemini/skills/ib-collar, .github/skills/ib-collar and .opencode/skills/ib-collar in your project.

What does Ib Collar need to run?

Going by SKILL.md and its folder, Ib Collar needs Python for the scripts in its folder and the command-line tools its instructions call (uv). Our summary lists: Python 3.

Does Ib Collar access the network?

SKILL.md contains no URLs. Its commands use uv, which can reach the network depending on how they are called. This is read from the text; nothing was executed.

Is Ib Collar safe to install?

Our automated static check of SKILL.md found notes only (mentions a .env file), nothing it rates as a warning. It is not a guarantee. The check reads SKILL.md only: the scripts in the folder are not scanned, so read them before running anything.

What licence does Ib Collar use?

Ib Collar is published under the MIT licence (the repository's licence). It allows redistribution, so the full SKILL.md is shown on this page.

How many tokens does Ib Collar use?

About 1k tokens (SKILL.md is roughly 4.1k characters). Agents keep only the skill's name and description in context until a task matches; then they load SKILL.md in full.

What are the alternatives to Ib Collar?

Skills that share tags, products or a category with Ib Collar: Technical Analyst (tradermonty/claude-trading-skills, 3k stars), Creating Financial Models (Chen-zexi/open-ptc-agent, 730 stars), Theme Detector (tradermonty/claude-trading-skills, 3k stars) and Stock API (zhangxiangliang/stock-api, 2k stars). The comparison table on this page puts their stars, adoption, token cost, safety result and licence side by side.

Who maintains Ib Collar?

staskh (a GitHub user) maintains it in staskh/trading_skills, which has 374 GitHub stars. The repository holds 28 skills in this directory. The repository was last updated on September 28, 2026.

Source: staskh/trading_skills on GitHub. Facts on this page come from the repository at the commit we read; the author's words are quoted as theirs.