Mechanical POP Floor Enabled
What it does
Enables the minimum probability of profit floor for the mechanical engine. When ON, ACondor rejects mechanical iron condor candidates whose estimated POP (probability of profit, derived from short-strike deltas) falls below the floor value. At 20-delta short strikes, mechanical iron condors typically score POP around 0.60 using the delta-based estimate (1 minus the sum of absolute short deltas). The floor is off by default because the delta-based POP metric reads lower than the true probability: enabling it at 0.70 would block nearly all standard condors until the metric is calibrated.
When to change it
Turn ON after you have measured the actual POP values for your mechanical entries in live trading and tuned the floor value to match. Do not enable without first understanding what POP values your entries actually produce.
Safe range
ON or OFF. Default OFF pending calibration.
Example
Mechanical engine proposes an SPY iron condor with 20-delta shorts. Delta-based POP estimate = 1 - 0.20 - 0.20 = 0.60. With mechanical_pop_floor_enabled ON and floor=0.70, this entry is rejected. This is why the floor is disabled by default: the metric needs calibration first.