Add ATM open-offset toggle default off.

Co-authored-by: Cursor <cursoragent@cursor.com>

backend/app/api/settings.py

@@ -31,6 +31,7 @@ KEYS = (
     "leverage",
     "min_option_hours",
     "min_option_leverage",
+    "atm_open_offset_enabled",
     "max_atm_open_offset",
     "close_bid_mark_max_pct",
     "perp_qty_eth",
@@ -50,6 +51,7 @@ class StrategySettingsBody(BaseModel):
     leverage: float | None = Field(default=None, ge=1, le=125)
     min_option_hours: float | None = Field(default=None, ge=1, le=720)
     min_option_leverage: float | None = Field(default=None, ge=1, le=10000)
+    atm_open_offset_enabled: bool | None = None
     max_atm_open_offset: float | None = Field(default=None, ge=0, le=100)
     close_bid_mark_max_pct: float | None = Field(default=None, ge=1, le=100)
     perp_qty_eth: float | None = Field(default=None, ge=0.01, le=100)
@@ -102,6 +104,12 @@ def _read_settings() -> dict:
             db.get_setting("min_option_leverage", str(s.min_option_leverage))
             or s.min_option_leverage
         ),
+        "atm_open_offset_enabled": _as_bool(
+            db.get_setting(
+                "atm_open_offset_enabled", str(s.atm_open_offset_enabled)
+            ),
+            s.atm_open_offset_enabled,
+        ),
         "max_atm_open_offset": float(
             db.get_setting("max_atm_open_offset", str(s.max_atm_open_offset))
             or s.max_atm_open_offset

backend/app/api/sim.py

@@ -52,7 +52,7 @@ async def sim_open_group(
     if pick is None:
         raise HTTPException(
             status_code=409,
-            detail="无合格期权：请检查剩余时长、ATM距现价(≤开仓偏差上限)与杠杆(现价/卖一)",
+            detail="无合格期权：请检查剩余时长、ATM开仓偏差(若已开启)与杠杆(现价/卖一)",
         )
 
     force = (body.force_option_side if body else None) or None

backend/app/config.py

@@ -61,7 +61,8 @@ class Settings(BaseSettings):
     leverage: float = 3.0  # 永续杠杆
     min_option_hours: float = 12.0  # 期权最小剩余小时
     min_option_leverage: float = 100.0  # 现价/卖一权利金 下限
-    max_atm_open_offset: float = 3.0  # 开仓：|ATM行权价−标的| 上限（点）
+    atm_open_offset_enabled: bool = False  # 开仓 ATM 偏差限制开关（默认关）
+    max_atm_open_offset: float = 3.0  # 开启后：|ATM行权价−标的| 上限（点）
     close_bid_mark_max_pct: float = 30.0  # 平仓：买一相对标记最大偏差%
     perp_qty_eth: float = 1.0
     option_qty_eth: float = 2.0

backend/app/models/db.py

@@ -159,6 +159,7 @@ class Database:
                 "leverage": str(s.leverage),
                 "min_option_hours": str(s.min_option_hours),
                 "min_option_leverage": str(s.min_option_leverage),
+                "atm_open_offset_enabled": str(s.atm_open_offset_enabled),
                 "max_atm_open_offset": str(s.max_atm_open_offset),
                 "close_bid_mark_max_pct": str(s.close_bid_mark_max_pct),
                 "perp_qty_eth": str(s.perp_qty_eth),

backend/app/strategy/engine.py

@@ -52,6 +52,9 @@ class StrategyEngine:
         min_opt_lev = self.ledger.get_setting_float(
             "min_option_leverage", s.min_option_leverage
         )
+        atm_off_on = self.ledger.get_setting_bool(
+            "atm_open_offset_enabled", s.atm_open_offset_enabled
+        )
         max_atm_off = self.ledger.get_setting_float(
             "max_atm_open_offset", s.max_atm_open_offset
         )
@@ -80,6 +83,7 @@ class StrategyEngine:
             "leverage": leverage,
             "min_option_hours": min_hours,
             "min_option_leverage": min_opt_lev,
+            "atm_open_offset_enabled": atm_off_on,
             "max_atm_open_offset": max_atm_off,
             "can_open": allow_open,
             "last_error": last_error,
@@ -310,7 +314,7 @@ class StrategyEngine:
         pick = await get_session().pick_for_open_async()
         if pick is None:
             self._set_state(
-                last_error="无合格期权：需剩余时长、ATM开仓偏差与杠杆同时满足"
+                last_error="无合格期权：需剩余时长、杠杆（及已开启的ATM偏差）同时满足"
             )
             return
 

backend/app/strategy/selection.py

@@ -52,9 +52,15 @@ def atm_open_offset(strike: float, mark_px: float) -> float:
 
 
 def atm_allows_open(
-    strike: float, mark_px: float, *, max_offset: float
+    strike: float,
+    mark_px: float,
+    *,
+    max_offset: float,
+    enabled: bool = False,
 ) -> bool:
-    """|strike − mark| ≤ max_offset 才允许开仓。"""
+    """开启限制时：|strike − mark| ≤ max_offset 才允许开仓；关闭则始终允许。"""
+    if not enabled:
+        return True
     if mark_px <= 0 or max_offset < 0:
         return False
     return atm_open_offset(strike, mark_px) <= float(max_offset) + 1e-9

backend/app/strategy/session.py

@@ -36,8 +36,14 @@ def _has_open_position() -> bool:
         return False
 
 
-def _strategy_floats() -> tuple[float, float, float]:
+def _as_bool_setting(raw: str | None, default: bool) -> bool:
-    """min_hours, min_leverage, max_atm_open_offset"""
+    if raw is None or raw == "":
+        return default
+    return str(raw).strip().lower() in ("1", "true", "yes", "on")
+
+
+def _strategy_floats() -> tuple[float, float, float, bool]:
+    """min_hours, min_leverage, max_atm_open_offset, atm_open_offset_enabled"""
     s = get_settings()
     try:
         from ..models.db import get_db
@@ -55,9 +61,18 @@ def _strategy_floats() -> tuple[float, float, float]:
             db.get_setting("max_atm_open_offset", str(s.max_atm_open_offset))
             or s.max_atm_open_offset
         )
-        return hours, lev, atm_off
+        atm_on = _as_bool_setting(
+            db.get_setting("atm_open_offset_enabled", str(s.atm_open_offset_enabled)),
+            s.atm_open_offset_enabled,
+        )
+        return hours, lev, atm_off, atm_on
     except Exception:
-        return s.min_option_hours, s.min_option_leverage, s.max_atm_open_offset
+        return (
+            s.min_option_hours,
+            s.min_option_leverage,
+            s.max_atm_open_offset,
+            s.atm_open_offset_enabled,
+        )
 
 
 @dataclass(slots=True)
@@ -142,7 +157,7 @@ class StrategySession:
         mark = self.ex.fetch_mark(s.perp_inst_id) or idx
         if mark is None or mark <= 0:
             raise RuntimeError("无法获取标的标记/指数价格，无法选 ATM")
-        min_hours, _, _ = _strategy_floats()
+        min_hours, _, _, _ = _strategy_floats()
         contracts = self.ex.list_option_contracts(s.option_inst_family)
         pair = select_option_pair(contracts, mark_px=float(mark), min_hours=min_hours)
         if pair is None:
@@ -155,7 +170,7 @@ class StrategySession:
         from .signal import decide
 
         s = self.settings
-        min_hours, min_lev, max_atm_off = _strategy_floats()
+        min_hours, min_lev, max_atm_off, atm_off_on = _strategy_floats()
         idx = self.ex.fetch_index(s.index_inst_id)
         mark = self.ex.fetch_mark(s.perp_inst_id) or idx
         if mark is None or mark <= 0:
@@ -173,7 +188,10 @@ class StrategySession:
                 continue
             offset = atm_open_offset(pair.strike, underlying)
             if not atm_allows_open(
-                pair.strike, underlying, max_offset=max_atm_off
+                pair.strike,
+                underlying,
+                max_offset=max_atm_off,
+                enabled=atm_off_on,
             ):
                 logger.info(
                     "skip expiry=%s strike=%.0f atm_offset=%.1f > max=%.1f",
@@ -281,7 +299,7 @@ class StrategySession:
     def atm_needs_realign(self, mark_px: float | None = None) -> bool:
         if self._pair is None:
             return True
-        min_hours, _, _ = _strategy_floats()
+        min_hours, _, _, _ = _strategy_floats()
         if (
             hours_until_expiry(self._pair.expiry_ymd, expiry_ms=self._pair.expiry_ms)
             + 1e-9

backend/tests/test_instruments.py

@@ -80,6 +80,8 @@ def test_atm_allows_open_offset() -> None:
     from app.strategy.selection import atm_allows_open, atm_open_offset
 
     assert atm_open_offset(1850, 1852.5) == 2.5
-    assert atm_allows_open(1850, 1852.5, max_offset=3) is True
+    # 默认关闭：不限制
-    assert atm_allows_open(1850, 1854, max_offset=3) is False
+    assert atm_allows_open(1850, 1860, max_offset=3, enabled=False) is True
-    assert atm_allows_open(1850, 1860, max_offset=3) is False
+    assert atm_allows_open(1850, 1852.5, max_offset=3, enabled=True) is True
+    assert atm_allows_open(1850, 1854, max_offset=3, enabled=True) is False
+    assert atm_allows_open(1850, 1860, max_offset=3, enabled=True) is False

docs/策略说明.md

@@ -58,7 +58,7 @@
   → 非周末跳过（若开启）
   → 选到期：剩余时长 ≥ min_option_hours（默认 12h）
   → 该到期 ATM 行权价（最接近标的）
-  → |ATM − 标的| ≤ max_atm_open_offset（默认 3）否则跳过该到期
+  → 若开启 atm_open_offset_enabled：|ATM − 标的| ≤ max_atm_open_offset（默认 3）否则跳过
   → 选向：ATM 偏下→Call+空；偏上→Put+多；贴平→卖一比价
   → 期权杠杆 = 标的价 ÷ 卖一权利金 ≥ min_option_leverage（默认 100）
   → 开永续 + 开期权（一组）
@@ -71,8 +71,9 @@
 |------|------|------|
 | `min_option_hours` | 12 | 过滤过近到期，减少刚开仓就到期 |
 | `min_option_leverage` | 100 | 权利金相对标的不能太贵（现价/卖一） |
-| `max_atm_open_offset` | 3 | 开仓：\|ATM 行权价 − 标的\| 超过则不开 |
+| `atm_open_offset_enabled` | false | 开仓 ATM 偏差限制开关（默认关） |
-| ATM | — | 同到期、最接近指数/标记价的行权价（展示可偏离；开仓另受偏差上限约束） |
+| `max_atm_open_offset` | 3 | 开关开启后：\|ATM − 标的\| 超过则不开 |
+| ATM | — | 同到期、最接近指数/标记价的行权价 |
 
 无合格合约时：状态停留等待，记录「无合格期权…」，不硬开。
 
@@ -240,7 +241,8 @@
 | `skip_weekends` | true | 时间 |
 | `min_option_hours` | 12 | 选约 |
 | `min_option_leverage` | 100 | 选约 |
-| `max_atm_open_offset` | 3 | 开仓 ATM 偏差 |
+| `atm_open_offset_enabled` | false | 开仓 ATM 偏差开关 |
+| `max_atm_open_offset` | 3 | 开仓 ATM 偏差上限 |
 | `close_bid_mark_max_pct` | 30 | 平仓流动性 |
 
 ---

frontend/src/api/client.ts

@@ -131,6 +131,7 @@ export type PlanState = {
   leverage: number;
   min_option_hours: number;
   min_option_leverage: number;
+  atm_open_offset_enabled?: boolean;
   max_atm_open_offset?: number;
   can_open: boolean;
   last_error: string | null;
@@ -180,6 +181,7 @@ export type StrategySettings = {
   leverage: number;
   min_option_hours: number;
   min_option_leverage: number;
+  atm_open_offset_enabled: boolean;
   max_atm_open_offset: number;
   close_bid_mark_max_pct: number;
   perp_qty_eth: number;

frontend/src/pages/Plan.tsx

@@ -197,8 +197,10 @@ export default function PlanPage() {
                 <span>选约条件</span>
                 <span className="mono">
                   剩余≥{fmt(plan?.min_option_hours, 0)}h · 期权杠杆≥
-                  {fmt(plan?.min_option_leverage, 0)}x · ATM偏差≤
+                  {fmt(plan?.min_option_leverage, 0)}x
-                  {fmt(plan?.max_atm_open_offset ?? 3, 0)}
+                  {plan?.atm_open_offset_enabled
+                    ? ` · ATM偏差≤${fmt(plan?.max_atm_open_offset ?? 3, 0)}`
+                    : " · ATM偏差关"}
                 </span>
               </div>
               <div className="kv">
@@ -418,9 +420,13 @@ export default function PlanPage() {
                   if (strike == null || px == null) return "—";
                   const abs = Math.abs(strike - px);
                   const sign = strike - px > 0 ? "+" : "";
+                  const delta = `${sign}${(strike - px).toFixed(0)}`;
+                  if (!plan?.atm_open_offset_enabled) {
+                    return `${delta} · 偏差限制关`;
+                  }
                   const lim = plan?.max_atm_open_offset ?? 3;
                   const ok = abs <= lim + 1e-9;
-                  return `${sign}${(strike - px).toFixed(0)} · 开仓${ok ? "可" : "不可"}(|Δ|≤${lim})`;
+                  return `${delta} · 开仓${ok ? "可" : "不可"}(|Δ|≤${lim})`;
                 })()}
               </span>
             </div>

frontend/src/pages/Settings.tsx

@@ -31,6 +31,7 @@ export default function SettingsPage() {
   const [leverage, setLeverage] = useState(3);
   const [minHours, setMinHours] = useState(12);
   const [minOptLev, setMinOptLev] = useState(100);
+  const [atmOffOn, setAtmOffOn] = useState(false);
   const [maxAtmOff, setMaxAtmOff] = useState(3);
   const [closeDevPct, setCloseDevPct] = useState(30);
   const [perpQty, setPerpQty] = useState(1);
@@ -51,6 +52,7 @@ export default function SettingsPage() {
         setLeverage(s.leverage ?? 3);
         setMinHours(s.min_option_hours ?? 12);
         setMinOptLev(s.min_option_leverage ?? 100);
+        setAtmOffOn(s.atm_open_offset_enabled === true);
         setMaxAtmOff(s.max_atm_open_offset ?? 3);
         setCloseDevPct(s.close_bid_mark_max_pct ?? 30);
         setPerpQty(s.perp_qty_eth ?? 1);
@@ -109,6 +111,7 @@ export default function SettingsPage() {
           leverage,
           min_option_hours: minHours,
           min_option_leverage: minOptLev,
+          atm_open_offset_enabled: atmOffOn,
           max_atm_open_offset: maxAtmOff,
           close_bid_mark_max_pct: closeDevPct,
           perp_qty_eth: perpQty,
@@ -260,6 +263,21 @@ export default function SettingsPage() {
                     onChange={(e) => setMinOptLev(Number(e.target.value))}
                   />
                 </div>
+                <div className="field">
+                  <label htmlFor="atmoffOn">开仓 ATM 偏差限制</label>
+                  <select
+                    id="atmoffOn"
+                    className="mono"
+                    value={atmOffOn ? "1" : "0"}
+                    onChange={(e) => setAtmOffOn(e.target.value === "1")}
+                  >
+                    <option value="0">关闭（默认）</option>
+                    <option value="1">开启</option>
+                  </select>
+                  <p className="settings-hint">
+                    关闭时不限制 |ATM − 现价|；开启后超过下方点数则不开仓。
+                  </p>
+                </div>
                 <div className="field">
                   <label htmlFor="atmoff">开仓 ATM 最大偏差（点）</label>
                   <input
@@ -268,11 +286,12 @@ export default function SettingsPage() {
                     type="number"
                     step="0.5"
                     min="0"
+                    disabled={!atmOffOn}
                     value={maxAtmOff}
                     onChange={(e) => setMaxAtmOff(Number(e.target.value))}
                   />
                   <p className="settings-hint">
-                    |ATM 行权价 − 标的价| 超过该值则不开仓。默认 3；币安行权价步进较粗时可能长时间无开仓机会。
+                    仅在上方开关开启时生效。默认 3；币安行权价步进较粗时可能长时间无开仓机会。
                   </p>
                 </div>
               </div>