Expiration: 2026-04-20
--
BuyPutStrike: 6475
SellPutStrike: 7015
SellCallStrike: 7200
BuyCallStrike: 7425
--
PutTrailingStop: 57.90
CallTrailingStop: 34.70

***PUT SIDE***
currentDate: 2026-04-17
expires: 2026-04-20
underlyingPrice: 7124.91
VIX: 18.24
riskFreeReturn: 3.60%
spreadRequirement: $54000
-->spreadLowerStrikePrice: 6475
-->strikePrice: 7015
-->trailingStopPrice: 57.90
bidPrice: 3.4
askPrice: 3.5
pctOTM: 1.54%
delta: -0.0888
gamma: 0.0019
theoreticalPrice: 3.45
origDelta: -0.0888
origGamma: 0.0019
maxLossIfStoppedOut: 5856.96
ivToVIXRatio: 0.8736
impliedVolatility: 15.93%
origImpliedVolatility: 13.01%
premiumPerContract: $339.35
payoffUtility: $181
premiumCapture: 53.31%
annualizedPremiumPerContract: $85680
unleveragedAnnualizedYield: 12.03%
leveragedAnnualizedYield: 64.98%
marginRequirementPerContract: $131847
leverageFactor: 5.3
sharpe: 1.35

***CALL SIDE***
currentDate: 2026-04-17
expires: 2026-04-20
underlyingPrice: 7124.91
VIX: 18.24
riskFreeReturn: 3.60%
spreadRequirement: $22500
-->spreadLowerStrikePrice: 7425
-->strikePrice: 7200
-->trailingStopPrice: 34.70
bidPrice: 1.65
askPrice: 1.75
pctOTM: 1.05%
delta: 0.0750
gamma: 0.0028
theoreticalPrice: 1.70
origDelta: 0.0774
origGamma: 0.0029
maxLossIfStoppedOut: 3542.18
ivToVIXRatio: 0.5310
impliedVolatility: 9.69%
origImpliedVolatility: 7.76%
premiumPerContract: $164.35
payoffUtility: $88
premiumCapture: 53.04%
annualizedPremiumPerContract: $41580
unleveragedAnnualizedYield: 5.84%
leveragedAnnualizedYield: 30.76%
marginRequirementPerContract: $135154
leverageFactor: 5.3
sharpe: 0.78