Expiration: 2025-12-03
--
BuyPutStrike: 6475
SellPutStrike: 6725
SellCallStrike: 6885
BuyCallStrike: 6940
--
PutTrailingStop: 13.80
CallTrailingStop: 7.70

***PUT SIDE***
currentDate: 2025-12-02
expires: 2025-12-03
underlyingPrice: 6828.84
VIX: 16.55
riskFreeReturn: 3.67%
spreadRequirement: $25000
-->spreadLowerStrikePrice: 6475
-->strikePrice: 6725
-->trailingStopPrice: 13.80
bidPrice: 0.75
askPrice: 0.9
pctOTM: 1.52%
delta: -0.0290
gamma: 0.0013
theoreticalPrice: 0.82
origDelta: -0.0364
origGamma: 0.0014
maxLossIfStoppedOut: 1447.51
ivToVIXRatio: 0.8199
impliedVolatility: 13.57%
origImpliedVolatility: 16.36%
premiumPerContract: $74.35
payoffUtility: $63
premiumCapture: 83.80%
annualizedPremiumPerContract: $18900
unleveragedAnnualizedYield: 2.77%
leveragedAnnualizedYield: 14.97%
marginRequirementPerContract: $126268
leverageFactor: 5.3
sharpe: 0.96

***CALL SIDE***
currentDate: 2025-12-02
expires: 2025-12-03
underlyingPrice: 6828.84
VIX: 16.55
riskFreeReturn: 3.67%
spreadRequirement: $5500
-->spreadLowerStrikePrice: 6940
-->strikePrice: 6885
-->trailingStopPrice: 7.70
bidPrice: 1.15
askPrice: 1.25
pctOTM: 0.82%
delta: 0.0622
gamma: 0.0037
theoreticalPrice: 1.20
origDelta: 0.0751
origGamma: 0.0037
maxLossIfStoppedOut: 835.29
ivToVIXRatio: 0.5253
impliedVolatility: 8.69%
origImpliedVolatility: 10.63%
premiumPerContract: $114.35
payoffUtility: $96
premiumCapture: 83.44%
annualizedPremiumPerContract: $28980
unleveragedAnnualizedYield: 4.24%
leveragedAnnualizedYield: 22.11%
marginRequirementPerContract: $131076
leverageFactor: 5.3
sharpe: 0.68