Expiration: 2025-12-15
--
BuyPutStrike: 6275
SellPutStrike: 6730
SellCallStrike: 6885
BuyCallStrike: 6975
--
PutTrailingStop: 16.10
CallTrailingStop: 7.30

***PUT SIDE***
currentDate: 2025-12-12
expires: 2025-12-15
underlyingPrice: 6828.42
VIX: 15.83
riskFreeReturn: 3.57%
spreadRequirement: $45500
-->spreadLowerStrikePrice: 6275
-->strikePrice: 6730
-->trailingStopPrice: 16.10
bidPrice: 1.35
askPrice: 1.45
pctOTM: 1.44%
delta: -0.0531
gamma: 0.0013
theoreticalPrice: 1.40
origDelta: -0.0552
origGamma: 0.0018
maxLossIfStoppedOut: 1680.28
ivToVIXRatio: 0.7810
impliedVolatility: 12.36%
origImpliedVolatility: 10.22%
premiumPerContract: $134.35
payoffUtility: $106
premiumCapture: 78.86%
annualizedPremiumPerContract: $34020
unleveragedAnnualizedYield: 4.98%
leveragedAnnualizedYield: 26.82%
marginRequirementPerContract: $126861
leverageFactor: 5.3
sharpe: 0.94

***CALL SIDE***
currentDate: 2025-12-12
expires: 2025-12-15
underlyingPrice: 6828.42
VIX: 15.83
riskFreeReturn: 3.57%
spreadRequirement: $9000
-->spreadLowerStrikePrice: 6975
-->strikePrice: 6885
-->trailingStopPrice: 7.30
bidPrice: 1.6
askPrice: 1.7
pctOTM: 0.83%
delta: 0.0882
gamma: 0.0032
theoreticalPrice: 1.65
origDelta: 0.0911
origGamma: 0.0041
maxLossIfStoppedOut: 801.95
ivToVIXRatio: 0.5087
impliedVolatility: 8.05%
origImpliedVolatility: 6.45%
premiumPerContract: $159.35
payoffUtility: $130
premiumCapture: 81.08%
annualizedPremiumPerContract: $40320
unleveragedAnnualizedYield: 5.90%
leveragedAnnualizedYield: 30.76%
marginRequirementPerContract: $131070
leverageFactor: 5.3
sharpe: 0.67