Expiration: 2026-04-24
--
BuyPutStrike: 6505
SellPutStrike: 6995
SellCallStrike: 7185
BuyCallStrike: 7350
--
PutTrailingStop: 48.80
CallTrailingStop: 29.30

***PUT SIDE***
currentDate: 2026-04-23
expires: 2026-04-24
underlyingPrice: 7108.3
VIX: 21.56
riskFreeReturn: 3.60%
spreadRequirement: $49000
-->spreadLowerStrikePrice: 6505
-->strikePrice: 6995
-->trailingStopPrice: 48.80
bidPrice: 2.55
askPrice: 2.7
pctOTM: 1.59%
delta: -0.0735
gamma: 0.0017
theoreticalPrice: 2.63
origDelta: -0.0753
origGamma: 0.0018
maxLossIfStoppedOut: 4954.42
ivToVIXRatio: 0.8672
impliedVolatility: 18.70%
origImpliedVolatility: 20.90%
premiumPerContract: $254.35
payoffUtility: $146
premiumCapture: 57.44%
annualizedPremiumPerContract: $64260
unleveragedAnnualizedYield: 9.04%
leveragedAnnualizedYield: 49.02%
marginRequirementPerContract: $131091
leverageFactor: 5.3
sharpe: 1.23

***CALL SIDE***
currentDate: 2026-04-23
expires: 2026-04-24
underlyingPrice: 7108.3
VIX: 21.56
riskFreeReturn: 3.60%
spreadRequirement: $16500
-->spreadLowerStrikePrice: 7350
-->strikePrice: 7185
-->trailingStopPrice: 29.30
bidPrice: 1
askPrice: 1.15
pctOTM: 1.08%
delta: 0.0543
gamma: 0.0023
theoreticalPrice: 1.08
origDelta: 0.0542
origGamma: 0.0023
maxLossIfStoppedOut: 3000.65
ivToVIXRatio: 0.5101
impliedVolatility: 11.00%
origImpliedVolatility: 12.98%
premiumPerContract: $99.35
payoffUtility: $55
premiumCapture: 54.76%
annualizedPremiumPerContract: $25200
unleveragedAnnualizedYield: 3.55%
leveragedAnnualizedYield: 18.72%
marginRequirementPerContract: $134596
leverageFactor: 5.3
sharpe: 0.65