Expiration: 2026-04-09
--
BuyPutStrike: 6185
SellPutStrike: 6660
SellCallStrike: 6875
BuyCallStrike: 7125
--
PutTrailingStop: 45.30
CallTrailingStop: 27.20

***PUT SIDE***
currentDate: 2026-04-08
expires: 2026-04-09
underlyingPrice: 6782.24
VIX: 22.17
riskFreeReturn: 3.60%
spreadRequirement: $47500
-->spreadLowerStrikePrice: 6185
-->strikePrice: 6660
-->trailingStopPrice: 45.30
bidPrice: 2.9
askPrice: 2.95
pctOTM: 1.80%
delta: -0.0750
gamma: 0.0016
theoreticalPrice: 2.93
origDelta: -0.0781
origGamma: 0.0017
maxLossIfStoppedOut: 4602.14
ivToVIXRatio: 0.9606
impliedVolatility: 21.30%
origImpliedVolatility: 24.38%
premiumPerContract: $289.35
payoffUtility: $183
premiumCapture: 63.20%
annualizedPremiumPerContract: $73080
unleveragedAnnualizedYield: 10.78%
leveragedAnnualizedYield: 59.07%
marginRequirementPerContract: $123711
leverageFactor: 5.4
sharpe: 1.44

***CALL SIDE***
currentDate: 2026-04-08
expires: 2026-04-09
underlyingPrice: 6782.24
VIX: 22.17
riskFreeReturn: 3.60%
spreadRequirement: $25000
-->spreadLowerStrikePrice: 7125
-->strikePrice: 6875
-->trailingStopPrice: 27.20
bidPrice: 1.5
askPrice: 1.6
pctOTM: 1.37%
delta: 0.0612
gamma: 0.0021
theoreticalPrice: 1.55
origDelta: 0.0621
origGamma: 0.0021
maxLossIfStoppedOut: 2789.29
ivToVIXRatio: 0.6526
impliedVolatility: 14.47%
origImpliedVolatility: 16.71%
premiumPerContract: $149.35
payoffUtility: $99
premiumCapture: 66.16%
annualizedPremiumPerContract: $37800
unleveragedAnnualizedYield: 5.57%
leveragedAnnualizedYield: 29.88%
marginRequirementPerContract: $126519
leverageFactor: 5.4
sharpe: 0.91