Expiration: 2026-02-26
--
BuyPutStrike: 6175
SellPutStrike: 6825
SellCallStrike: 7025
BuyCallStrike: 7095
--
PutTrailingStop: 43.60
CallTrailingStop: 34.50

***PUT SIDE***
currentDate: 2026-02-25
expires: 2026-02-26
underlyingPrice: 6947.69
VIX: 19.62
riskFreeReturn: 3.59%
spreadRequirement: $65000
-->spreadLowerStrikePrice: 6175
-->strikePrice: 6825
-->trailingStopPrice: 43.60
bidPrice: 3.2
askPrice: 3.4
pctOTM: 1.77%
delta: -0.0808
gamma: 0.0017
theoreticalPrice: 3.30
origDelta: -0.0821
origGamma: 0.0017
maxLossIfStoppedOut: 4431.05
ivToVIXRatio: 1.0933
impliedVolatility: 21.45%
origImpliedVolatility: 24.64%
premiumPerContract: $319.35
payoffUtility: $206
premiumCapture: 64.39%
annualizedPremiumPerContract: $80640
unleveragedAnnualizedYield: 11.61%
leveragedAnnualizedYield: 63.49%
marginRequirementPerContract: $127005
leverageFactor: 5.4
sharpe: 1.44

***CALL SIDE***
currentDate: 2026-02-25
expires: 2026-02-26
underlyingPrice: 6947.69
VIX: 19.62
riskFreeReturn: 3.59%
spreadRequirement: $7000
-->spreadLowerStrikePrice: 7095
-->strikePrice: 7025
-->trailingStopPrice: 34.50
bidPrice: 0.9
askPrice: 0.95
pctOTM: 1.11%
delta: 0.0487
gamma: 0.0022
theoreticalPrice: 0.93
origDelta: 0.0508
origGamma: 0.0023
maxLossIfStoppedOut: 3522.00
ivToVIXRatio: 0.5590
impliedVolatility: 10.97%
origImpliedVolatility: 12.63%
premiumPerContract: $89.35
payoffUtility: $44
premiumCapture: 48.40%
annualizedPremiumPerContract: $22680
unleveragedAnnualizedYield: 3.26%
leveragedAnnualizedYield: 17.27%
marginRequirementPerContract: $131313
leverageFactor: 5.3
sharpe: 0.67