You set the rules for the challenge. What balance must we start with? Is it 10K? 20K? 1,000K? You have not thought this through, have you?
Thank you for finally giving out a hardfast rule, now that the market is totally tanking in light of the Turkey problem. $50K, max 2 contracts, one week. Sheesh. Lost valuable time here.
Straddle with a strike price? That seems like an options thingy. I think this challenge is futures only?
Oh, I guess I missed the memo about using "simulated options using algo futures"? I guess this contest is not for me. The OP did not state these other features of trading were allowed here. I thought it was just straight-up futures for one week.