Daily, it holds MSFO (an option‑income fund tied to Microsoft) unless short‑term market gauges look overheated. Overheated signals switch it to cash‑like T‑Bills or a defensive anti‑beta fund (BTAL). A crash plus sharp bounce also triggers defense.

Each day it checks a short‑term “heat” score (10‑day RSI) on many market and sector funds. If any look too hot, it moves defensive: cash‑like T‑Bills (BIL) or BTAL (long steadier stocks, short riskier ones). Otherwise it holds MSFO. After a sharp drop and big snapback, it also goes defensive.

Out-of-sample, this strategy beats the S&P on upside and risk: 21.67% vs 20.84% annual return, 17.83% vs 18.76% max drawdown, Calmar ~1.22, with built-in defense via MSFO income and hedges (BTAL/BIL) for steadier, downside-conscious growth.