Position sizing
Keep individual positions small (1–5% of total capital) to limit exposure on any single trade.
Hydra Trading
The Hydra Strategy focuses on capturing asymmetric risk-reward opportunities in options trading by deploying capital across multiple small positions with limited downside and substantial upside potential. When profitable positions are closed, capital is immediately redeployed into new opportunities — like the mythological Hydra growing two heads for each one cut off.
Hydra now includes TFC Options at no extra cost.
Autotrading
Hydra Options on Collective2
Asymmetric options autotrading — many small defined-risk positions, redeployed as winners come off.
- Defined-risk options & spreads
- Small position sizing across many ideas
- Capital redeployed as winners close
- Hydra now includes TFC Options at no extra cost.
Want the full philosophy write-up? Read the overview doc →
Core principles
How Hydra thinks about risk
Asymmetric risk-reward
Target trades with favorable risk-reward ratios of at least 1:2, preferably 1:5 or higher.
Defined risk
Utilize strategies with capped downside, such as long options or defined-risk spreads.
Capital redeployment
When taking profits, redistribute capital across new opportunities, increasing the number of concurrent positions.
Get started
5 easy steps to sign up
IBKR + Collective2 + Hydra — then link accounts and go live.
- 01
Step 1 — Create an IBKR account
Open Interactive Brokers and fund the account you’ll link for autotrading. We recommend a starting balance of $5,000 for Hydra Options.
- Select IBKR Pro
- Margin account
- Allow shorts
- Options level 3
- 02
Step 2 — Create a Collective2 account
Once your IBKR account is funded, sign up for Collective2 so you can follow and autotrade the strategy.
- 03
Step 3 — Sign up for Hydra Options
Join via the special first-month pricing link, or open the strategy page directly on Collective2.
- 04
Step 4 — Link IBKR and C2
Set up the autotrader by linking your plan and IBKR account in Collective2’s autotrade control panel.
- 05
Step 5 — Enjoy your autotrader
Results are never guaranteed — we strive to maximize opportunity while managing risk. Watch the trades, keep risk settings sane, and let the process work.
Walkthrough
How to set up the copy service
Watch the setup video, then use the Collective2 autotrade panel to link IBKR.
FAQ
Common questions
What broker can I use?
Collective2 lists supported brokers. Any that allow options can work. We recommend Interactive Brokers (IBKR Pro) via our referral link.
Are there additional fees?
Yes. Collective2 charges its own fee (commonly cited around $49) in addition to the Hydra subscription.
Is there a first-month discount?
Yes — use the special first-month pricing link on Collective2.
What’s the recommended account size?
Based on risk and trade size, we recommend a minimum of about $5,000 to start.
Can I set a max daily loss?
Yes. Collective2 lets you set a max daily loss limit if you want extra capital protection.
How do I set up autotrading?
Follow the five steps on this page, and watch the setup video for the copy/autotrade service walkthrough.
Does Hydra include TFC Options?
Hydra now includes TFC Options at no extra cost.
Need something else? Contact us or ask in Discord.
Ready to start Hydra?
Use special first-month pricing on Collective2 — or open the strategy page and follow the setup steps.