Test whether downside volatility building beneath a nearly unchanged ETH price is underpriced by weekly downside insurance. Buy a same-expiry ATM put and sell an equal-quantity put approximately 6% below spot only when a downside-variance acceleration signal and a conservative premium ceiling agree. This is original autonomous research, not a source port. Extend RollingOptionsStrategy directly. ETH-PERPETUAL.DERIBIT is an untraded 4-HOUR clock; ETHUSD.HYPERLIQUID supplies the untraded 4-HOUR return history. Resolve actual historical Deribit ETH weekly puts through rolling_options, underlying ETH, weekly cadence, dte_target 7, with P offsets 0 and -0.06. The two listed reference instruments are not the option trading universe: append every resolved, full option instrument id to instruments/extra_instruments and the persisted execution contract before verification. Never invent a fixed expired option id or replace options with perpetual exposure. Use all genuinely overlapping history and one 4-HOUR stream per instrument. Orders execute at completed signal closes, the registry equivalent of next-bar-open execution on continuous venues. Actual option observations, not synthetic prices, determine entry and exit fills. Standard option fees are charged on underlying notional, not option premium; source: [Deribit Fees](https://support.deribit.com/hc/en-us/articles/25944746248989-Fees).