Expiration: 2025-12-05
--
BuyPutStrike: 6465
SellPutStrike: 6740
SellCallStrike: 6900
BuyCallStrike: 6975
--
PutTrailingStop: 16.30
CallTrailingStop: 7.40

***PUT SIDE***
currentDate: 2025-12-04
expires: 2025-12-05
underlyingPrice: 6843.91
VIX: 15.94
riskFreeReturn: 3.63%
spreadRequirement: $27500
-->spreadLowerStrikePrice: 6465
-->strikePrice: 6740
-->trailingStopPrice: 16.30
bidPrice: 0.75
askPrice: 0.85
pctOTM: 1.52%
delta: -0.0287
gamma: 0.0013
theoreticalPrice: 0.80
origDelta: -0.0358
origGamma: 0.0014
maxLossIfStoppedOut: 1695.15
ivToVIXRatio: 0.8450
impliedVolatility: 13.47%
origImpliedVolatility: 16.13%
premiumPerContract: $74.35
payoffUtility: $61
premiumCapture: 81.56%
annualizedPremiumPerContract: $18900
unleveragedAnnualizedYield: 2.76%
leveragedAnnualizedYield: 14.93%
marginRequirementPerContract: $126562
leverageFactor: 5.3
sharpe: 0.96

***CALL SIDE***
currentDate: 2025-12-04
expires: 2025-12-05
underlyingPrice: 6843.91
VIX: 15.94
riskFreeReturn: 3.63%
spreadRequirement: $7500
-->spreadLowerStrikePrice: 6975
-->strikePrice: 6900
-->trailingStopPrice: 7.40
bidPrice: 1.15
askPrice: 1.25
pctOTM: 0.82%
delta: 0.0629
gamma: 0.0037
theoreticalPrice: 1.20
origDelta: 0.0727
origGamma: 0.0036
maxLossIfStoppedOut: 808.70
ivToVIXRatio: 0.5435
impliedVolatility: 8.66%
origImpliedVolatility: 10.58%
premiumPerContract: $114.35
payoffUtility: $96
premiumCapture: 83.61%
annualizedPremiumPerContract: $28980
unleveragedAnnualizedYield: 4.23%
leveragedAnnualizedYield: 22.06%
marginRequirementPerContract: $131384
leverageFactor: 5.3
sharpe: 0.67