Expiration: 2026-04-17
--
BuyPutStrike: 6320
SellPutStrike: 6955
SellCallStrike: 7105
BuyCallStrike: 7430
--
PutTrailingStop: 54.60
CallTrailingStop: 32.80

***PUT SIDE***
currentDate: 2026-04-16
expires: 2026-04-17
underlyingPrice: 7040.57
VIX: 19.09
riskFreeReturn: 3.61%
spreadRequirement: $63500
-->spreadLowerStrikePrice: 6320
-->strikePrice: 6955
-->trailingStopPrice: 54.60
bidPrice: 2.6
askPrice: 2.7
pctOTM: 1.22%
delta: -0.0884
gamma: 0.0025
theoreticalPrice: 2.65
origDelta: -0.0902
origGamma: 0.0025
maxLossIfStoppedOut: 5533.84
ivToVIXRatio: 0.8003
impliedVolatility: 15.28%
origImpliedVolatility: 17.47%
premiumPerContract: $259.35
payoffUtility: $116
premiumCapture: 44.73%
annualizedPremiumPerContract: $65520
unleveragedAnnualizedYield: 9.31%
leveragedAnnualizedYield: 49.44%
marginRequirementPerContract: $132514
leverageFactor: 5.2
sharpe: 1.05

***CALL SIDE***
currentDate: 2026-04-16
expires: 2026-04-17
underlyingPrice: 7040.57
VIX: 19.09
riskFreeReturn: 3.61%
spreadRequirement: $32500
-->spreadLowerStrikePrice: 7430
-->strikePrice: 7105
-->trailingStopPrice: 32.80
bidPrice: 1.3
askPrice: 1.35
pctOTM: 0.92%
delta: 0.0702
gamma: 0.0031
theoreticalPrice: 1.33
origDelta: 0.0703
origGamma: 0.0031
maxLossIfStoppedOut: 3348.31
ivToVIXRatio: 0.5297
impliedVolatility: 10.11%
origImpliedVolatility: 11.63%
premiumPerContract: $129.35
payoffUtility: $63
premiumCapture: 48.75%
annualizedPremiumPerContract: $32760
unleveragedAnnualizedYield: 4.65%
leveragedAnnualizedYield: 24.36%
marginRequirementPerContract: $134498
leverageFactor: 5.3
sharpe: 0.66