Expiration: 2026-04-08
--
BuyPutStrike: 5500
SellPutStrike: 6365
SellCallStrike: 6790
BuyCallStrike: 7000
--
PutTrailingStop: 35.00
CallTrailingStop: 21.00

***PUT SIDE***
currentDate: 2026-04-07
expires: 2026-04-08
underlyingPrice: 6613.61
VIX: 28.00
riskFreeReturn: 3.62%
spreadRequirement: $86500
-->spreadLowerStrikePrice: 5500
-->strikePrice: 6365
-->trailingStopPrice: 35.00
bidPrice: 4.2
askPrice: 4.5
pctOTM: 3.76%
delta: -0.0604
gamma: 0.0007
theoreticalPrice: 4.35
origDelta: -0.0620
origGamma: 0.0007
maxLossIfStoppedOut: 3569.26
ivToVIXRatio: 1.4871
impliedVolatility: 41.64%
origImpliedVolatility: 47.48%
premiumPerContract: $419.35
payoffUtility: $342
premiumCapture: 81.36%
annualizedPremiumPerContract: $105840
unleveragedAnnualizedYield: 16.00%
leveragedAnnualizedYield: 98.15%
marginRequirementPerContract: $107831
leverageFactor: 5.9
sharpe: 2.65

***CALL SIDE***
currentDate: 2026-04-07
expires: 2026-04-08
underlyingPrice: 6613.61
VIX: 28.00
riskFreeReturn: 3.62%
spreadRequirement: $21000
-->spreadLowerStrikePrice: 7000
-->strikePrice: 6790
-->trailingStopPrice: 21.00
bidPrice: 1.8
askPrice: 1.95
pctOTM: 2.67%
delta: 0.0451
gamma: 0.0009
theoreticalPrice: 1.88
origDelta: 0.0432
origGamma: 0.0009
maxLossIfStoppedOut: 2169.56
ivToVIXRatio: 0.9157
impliedVolatility: 25.64%
origImpliedVolatility: 29.29%
premiumPerContract: $179.35
payoffUtility: $148
premiumCapture: 82.34%
annualizedPremiumPerContract: $45360
unleveragedAnnualizedYield: 6.86%
leveragedAnnualizedYield: 39.51%
marginRequirementPerContract: $114813
leverageFactor: 5.9
sharpe: 1.52