Expiration: 2026-02-18
--
BuyPutStrike: 6200
SellPutStrike: 6705
SellCallStrike: 6925
BuyCallStrike: 6985
--
PutTrailingStop: 36.40
CallTrailingStop: 32.60

***PUT SIDE***
currentDate: 2026-02-17
expires: 2026-02-18
underlyingPrice: 6841.76
VIX: 22.96
riskFreeReturn: 3.59%
spreadRequirement: $50500
-->spreadLowerStrikePrice: 6200
-->strikePrice: 6705
-->trailingStopPrice: 36.40
bidPrice: 1.4
askPrice: 1.9
pctOTM: 2.00%
delta: -0.0475
gamma: 0.0012
theoreticalPrice: 1.65
origDelta: -0.0481
origGamma: 0.0012
maxLossIfStoppedOut: 3714.73
ivToVIXRatio: 0.8841
impliedVolatility: 20.30%
origImpliedVolatility: 23.24%
premiumPerContract: $139.35
payoffUtility: $90
premiumCapture: 64.37%
annualizedPremiumPerContract: $35280
unleveragedAnnualizedYield: 5.16%
leveragedAnnualizedYield: 28.61%
marginRequirementPerContract: $123299
leverageFactor: 5.4
sharpe: 1.09

***CALL SIDE***
currentDate: 2026-02-17
expires: 2026-02-18
underlyingPrice: 6841.76
VIX: 22.96
riskFreeReturn: 3.59%
spreadRequirement: $6000
-->spreadLowerStrikePrice: 6985
-->strikePrice: 6925
-->trailingStopPrice: 32.60
bidPrice: 1.05
askPrice: 1.15
pctOTM: 1.22%
delta: 0.0521
gamma: 0.0021
theoreticalPrice: 1.10
origDelta: 0.0549
origGamma: 0.0022
maxLossIfStoppedOut: 3334.81
ivToVIXRatio: 0.5318
impliedVolatility: 12.21%
origImpliedVolatility: 14.17%
premiumPerContract: $104.35
payoffUtility: $57
premiumCapture: 54.27%
annualizedPremiumPerContract: $26460
unleveragedAnnualizedYield: 3.87%
leveragedAnnualizedYield: 20.57%
marginRequirementPerContract: $128616
leverageFactor: 5.4
sharpe: 0.74