Expiration: 2026-04-27
--
BuyPutStrike: 6560
SellPutStrike: 7045
SellCallStrike: 7260
BuyCallStrike: 7380
--
PutTrailingStop: 46.20
CallTrailingStop: 32.40

***PUT SIDE***
currentDate: 2026-04-24
expires: 2026-04-27
underlyingPrice: 7166.44
VIX: 19.35
riskFreeReturn: 3.59%
spreadRequirement: $48500
-->spreadLowerStrikePrice: 6560
-->strikePrice: 7045
-->trailingStopPrice: 46.20
bidPrice: 3.5
askPrice: 3.7
pctOTM: 1.69%
delta: -0.0857
gamma: 0.0017
theoreticalPrice: 3.60
origDelta: -0.0880
origGamma: 0.0017
maxLossIfStoppedOut: 4693.81
ivToVIXRatio: 0.8921
impliedVolatility: 17.26%
origImpliedVolatility: 14.04%
premiumPerContract: $349.35
payoffUtility: $221
premiumCapture: 63.13%
annualizedPremiumPerContract: $88200
unleveragedAnnualizedYield: 12.31%
leveragedAnnualizedYield: 67.05%
marginRequirementPerContract: $131535
leverageFactor: 5.4
sharpe: 1.44

***CALL SIDE***
currentDate: 2026-04-24
expires: 2026-04-27
underlyingPrice: 7166.44
VIX: 19.35
riskFreeReturn: 3.59%
spreadRequirement: $12000
-->spreadLowerStrikePrice: 7380
-->strikePrice: 7260
-->trailingStopPrice: 32.40
bidPrice: 1.45
askPrice: 1.5
pctOTM: 1.31%
delta: 0.0590
gamma: 0.0020
theoreticalPrice: 1.47
origDelta: 0.0609
origGamma: 0.0020
maxLossIfStoppedOut: 3314.09
ivToVIXRatio: 0.5727
impliedVolatility: 11.08%
origImpliedVolatility: 9.04%
premiumPerContract: $144.35
payoffUtility: $89
premiumCapture: 61.12%
annualizedPremiumPerContract: $36540
unleveragedAnnualizedYield: 5.10%
leveragedAnnualizedYield: 27.24%
marginRequirementPerContract: $134118
leverageFactor: 5.4
sharpe: 0.86