Expiration: 2026-02-13
--
BuyPutStrike: 5625
SellPutStrike: 6650
SellCallStrike: 6950
BuyCallStrike: 7055
--
PutTrailingStop: 27.80
CallTrailingStop: 22.30

***PUT SIDE***
currentDate: 2026-02-12
expires: 2026-02-13
underlyingPrice: 6832.44
VIX: 21.21
riskFreeReturn: 3.60%
spreadRequirement: $102500
-->spreadLowerStrikePrice: 5625
-->strikePrice: 6650
-->trailingStopPrice: 27.80
bidPrice: 2.3
askPrice: 2.4
pctOTM: 2.67%
delta: -0.0495
gamma: 0.0009
theoreticalPrice: 2.35
origDelta: -0.0493
origGamma: 0.0009
maxLossIfStoppedOut: 2847.82
ivToVIXRatio: 1.3012
impliedVolatility: 27.60%
origImpliedVolatility: 31.31%
premiumPerContract: $229.35
payoffUtility: $184
premiumCapture: 80.12%
annualizedPremiumPerContract: $57960
unleveragedAnnualizedYield: 8.48%
leveragedAnnualizedYield: 48.86%
marginRequirementPerContract: $118635
leverageFactor: 5.6
sharpe: 1.72

***CALL SIDE***
currentDate: 2026-02-12
expires: 2026-02-13
underlyingPrice: 6832.44
VIX: 21.21
riskFreeReturn: 3.60%
spreadRequirement: $10500
-->spreadLowerStrikePrice: 7055
-->strikePrice: 6950
-->trailingStopPrice: 22.30
bidPrice: 1.35
askPrice: 1.45
pctOTM: 1.72%
delta: 0.0486
gamma: 0.0015
theoreticalPrice: 1.40
origDelta: 0.0488
origGamma: 0.0014
maxLossIfStoppedOut: 2299.13
ivToVIXRatio: 0.7994
impliedVolatility: 16.96%
origImpliedVolatility: 19.53%
premiumPerContract: $134.35
payoffUtility: $101
premiumCapture: 75.08%
annualizedPremiumPerContract: $34020
unleveragedAnnualizedYield: 4.98%
leveragedAnnualizedYield: 27.21%
marginRequirementPerContract: $125028
leverageFactor: 5.6
sharpe: 1.02