Expiration: 2026-04-21
--
BuyPutStrike: 6670
SellPutStrike: 7010
SellCallStrike: 7180
BuyCallStrike: 7315
--
PutTrailingStop: 52.70
CallTrailingStop: 31.60

***PUT SIDE***
currentDate: 2026-04-20
expires: 2026-04-21
underlyingPrice: 7105.87
VIX: 19.99
riskFreeReturn: 3.60%
spreadRequirement: $34000
-->spreadLowerStrikePrice: 6670
-->strikePrice: 7010
-->trailingStopPrice: 52.70
bidPrice: 2.45
askPrice: 2.5
pctOTM: 1.35%
delta: -0.0789
gamma: 0.0021
theoreticalPrice: 2.48
origDelta: -0.0795
origGamma: 0.0021
maxLossIfStoppedOut: 5336.24
ivToVIXRatio: 0.8108
impliedVolatility: 16.21%
origImpliedVolatility: 18.62%
premiumPerContract: $244.35
payoffUtility: $122
premiumCapture: 49.74%
annualizedPremiumPerContract: $61740
unleveragedAnnualizedYield: 8.69%
leveragedAnnualizedYield: 46.50%
marginRequirementPerContract: $132775
leverageFactor: 5.3
sharpe: 1.10

***CALL SIDE***
currentDate: 2026-04-20
expires: 2026-04-21
underlyingPrice: 7105.87
VIX: 19.99
riskFreeReturn: 3.60%
spreadRequirement: $13500
-->spreadLowerStrikePrice: 7315
-->strikePrice: 7180
-->trailingStopPrice: 31.60
bidPrice: 1.25
askPrice: 1.3
pctOTM: 1.04%
delta: 0.0623
gamma: 0.0026
theoreticalPrice: 1.27
origDelta: 0.0646
origGamma: 0.0027
maxLossIfStoppedOut: 3229.74
ivToVIXRatio: 0.5544
impliedVolatility: 11.08%
origImpliedVolatility: 12.72%
premiumPerContract: $124.35
payoffUtility: $68
premiumCapture: 54.39%
annualizedPremiumPerContract: $31500
unleveragedAnnualizedYield: 4.43%
leveragedAnnualizedYield: 23.36%
marginRequirementPerContract: $134829
leverageFactor: 5.3
sharpe: 0.71