Expiration: 2026-04-28
--
BuyPutStrike: 6725
SellPutStrike: 7090
SellCallStrike: 7275
BuyCallStrike: 7295
--
PutTrailingStop: 66.70
CallTrailingStop: 9.50

***PUT SIDE***
currentDate: 2026-04-27
expires: 2026-04-28
underlyingPrice: 7175
VIX: 19.27
riskFreeReturn: 3.59%
spreadRequirement: $36500
-->spreadLowerStrikePrice: 6725
-->strikePrice: 7090
-->trailingStopPrice: 66.70
bidPrice: 2.5
askPrice: 2.6
pctOTM: 1.18%
delta: -0.0867
gamma: 0.0025
theoreticalPrice: 2.55
origDelta: -0.0891
origGamma: 0.0025
maxLossIfStoppedOut: 6739.29
ivToVIXRatio: 0.7651
impliedVolatility: 14.74%
origImpliedVolatility: 17.04%
premiumPerContract: $249.35
payoffUtility: $84
premiumCapture: 33.54%
annualizedPremiumPerContract: $63000
unleveragedAnnualizedYield: 8.78%
leveragedAnnualizedYield: 46.58%
marginRequirementPerContract: $135250
leverageFactor: 5.2
sharpe: 1.01

***CALL SIDE***
currentDate: 2026-04-27
expires: 2026-04-28
underlyingPrice: 7175
VIX: 19.27
riskFreeReturn: 3.59%
spreadRequirement: $2000
-->spreadLowerStrikePrice: 7295
-->strikePrice: 7275
-->trailingStopPrice: 9.50
bidPrice: 0.1
askPrice: 0.15
pctOTM: 1.39%
delta: 0.0090
gamma: 0.0006
theoreticalPrice: 0.13
origDelta: 0.0094
origGamma: 0.0006
maxLossIfStoppedOut: 1015.58
ivToVIXRatio: 0.4991
impliedVolatility: 9.62%
origImpliedVolatility: 11.07%
premiumPerContract: $9.35
payoffUtility: $8
premiumCapture: 77.80%
annualizedPremiumPerContract: $2520
unleveragedAnnualizedYield: 0.35%
leveragedAnnualizedYield: 1.89%
marginRequirementPerContract: $133510
leverageFactor: 5.4
sharpe: 0.39