Expiration: 2025-12-16
--
BuyPutStrike: 6475
SellPutStrike: 6700
SellCallStrike: 6875
BuyCallStrike: 6970
--
PutTrailingStop: 24.00
CallTrailingStop: 8.00

***PUT SIDE***
currentDate: 2025-12-15
expires: 2025-12-16
underlyingPrice: 6818.44
VIX: 17.35
riskFreeReturn: 3.54%
spreadRequirement: $22500
-->spreadLowerStrikePrice: 6475
-->strikePrice: 6700
-->trailingStopPrice: 24.00
bidPrice: 0.6
askPrice: 0.7
pctOTM: 1.74%
delta: -0.0271
gamma: 0.0010
theoreticalPrice: 0.65
origDelta: -0.0285
origGamma: 0.0010
maxLossIfStoppedOut: 2473.17
ivToVIXRatio: 0.8823
impliedVolatility: 15.31%
origImpliedVolatility: 17.81%
premiumPerContract: $59.35
payoffUtility: $42
premiumCapture: 70.19%
annualizedPremiumPerContract: $15120
unleveragedAnnualizedYield: 2.22%
leveragedAnnualizedYield: 12.14%
marginRequirementPerContract: $124585
leverageFactor: 5.4
sharpe: 0.82

***CALL SIDE***
currentDate: 2025-12-15
expires: 2025-12-16
underlyingPrice: 6818.44
VIX: 17.35
riskFreeReturn: 3.54%
spreadRequirement: $9500
-->spreadLowerStrikePrice: 6970
-->strikePrice: 6875
-->trailingStopPrice: 8.00
bidPrice: 2.4
askPrice: 2.5
pctOTM: 0.83%
delta: 0.1116
gamma: 0.0042
theoreticalPrice: 2.45
origDelta: 0.1170
origGamma: 0.0043
maxLossIfStoppedOut: 871.06
ivToVIXRatio: 0.6396
impliedVolatility: 11.10%
origImpliedVolatility: 12.72%
premiumPerContract: $239.35
payoffUtility: $191
premiumCapture: 79.52%
annualizedPremiumPerContract: $60480
unleveragedAnnualizedYield: 8.87%
leveragedAnnualizedYield: 46.18%
marginRequirementPerContract: $130953
leverageFactor: 5.2
sharpe: 0.79