Expiration: 2026-02-19
--
BuyPutStrike: 6375
SellPutStrike: 6780
SellCallStrike: 6955
BuyCallStrike: 7005
--
PutTrailingStop: 50.10
CallTrailingStop: 34.80

***PUT SIDE***
currentDate: 2026-02-18
expires: 2026-02-19
underlyingPrice: 6886.3
VIX: 20.34
riskFreeReturn: 3.60%
spreadRequirement: $40500
-->spreadLowerStrikePrice: 6375
-->strikePrice: 6780
-->trailingStopPrice: 50.10
bidPrice: 2.85
askPrice: 2.95
pctOTM: 1.54%
delta: -0.0816
gamma: 0.0019
theoreticalPrice: 2.90
origDelta: -0.0844
origGamma: 0.0020
maxLossIfStoppedOut: 5079.23
ivToVIXRatio: 0.9218
impliedVolatility: 18.75%
origImpliedVolatility: 21.48%
premiumPerContract: $284.35
payoffUtility: $160
premiumCapture: 55.99%
annualizedPremiumPerContract: $71820
unleveragedAnnualizedYield: 10.43%
leveragedAnnualizedYield: 56.38%
marginRequirementPerContract: $127381
leverageFactor: 5.3
sharpe: 1.28

***CALL SIDE***
currentDate: 2026-02-18
expires: 2026-02-19
underlyingPrice: 6886.3
VIX: 20.34
riskFreeReturn: 3.60%
spreadRequirement: $5000
-->spreadLowerStrikePrice: 7005
-->strikePrice: 6955
-->trailingStopPrice: 34.80
bidPrice: 0.6
askPrice: 0.65
pctOTM: 1.00%
delta: 0.0403
gamma: 0.0022
theoreticalPrice: 0.63
origDelta: 0.0408
origGamma: 0.0022
maxLossIfStoppedOut: 3552.57
ivToVIXRatio: 0.4567
impliedVolatility: 9.29%
origImpliedVolatility: 10.82%
premiumPerContract: $59.35
payoffUtility: $23
premiumCapture: 37.57%
annualizedPremiumPerContract: $15120
unleveragedAnnualizedYield: 2.20%
leveragedAnnualizedYield: 11.55%
marginRequirementPerContract: $130916
leverageFactor: 5.3
sharpe: 0.55