Expiration: 2026-04-29
--
BuyPutStrike: 6875
SellPutStrike: 7055
SellCallStrike: 7225
BuyCallStrike: 7280
--
PutTrailingStop: 54.40
CallTrailingStop: 32.70

***PUT SIDE***
currentDate: 2026-04-28
expires: 2026-04-29
underlyingPrice: 7140.25
VIX: 19.43
riskFreeReturn: 3.59%
spreadRequirement: $18000
-->spreadLowerStrikePrice: 6875
-->strikePrice: 7055
-->trailingStopPrice: 54.40
bidPrice: 2.4
askPrice: 2.5
pctOTM: 1.19%
delta: -0.0844
gamma: 0.0024
theoreticalPrice: 2.45
origDelta: -0.0854
origGamma: 0.0024
maxLossIfStoppedOut: 5514.23
ivToVIXRatio: 0.7584
impliedVolatility: 14.74%
origImpliedVolatility: 17.00%
premiumPerContract: $239.35
payoffUtility: $105
premiumCapture: 43.72%
annualizedPremiumPerContract: $60480
unleveragedAnnualizedYield: 8.47%
leveragedAnnualizedYield: 44.96%
marginRequirementPerContract: $134520
leverageFactor: 5.2
sharpe: 1.00

***CALL SIDE***
currentDate: 2026-04-28
expires: 2026-04-29
underlyingPrice: 7140.25
VIX: 19.43
riskFreeReturn: 3.59%
spreadRequirement: $5500
-->spreadLowerStrikePrice: 7280
-->strikePrice: 7225
-->trailingStopPrice: 32.70
bidPrice: 0.35
askPrice: 0.45
pctOTM: 1.19%
delta: 0.0250
gamma: 0.0014
theoreticalPrice: 0.40
origDelta: 0.0248
origGamma: 0.0014
maxLossIfStoppedOut: 3336.54
ivToVIXRatio: 0.5095
impliedVolatility: 9.90%
origImpliedVolatility: 11.17%
premiumPerContract: $34.35
payoffUtility: $14
premiumCapture: 39.19%
annualizedPremiumPerContract: $8820
unleveragedAnnualizedYield: 1.24%
leveragedAnnualizedYield: 6.56%
marginRequirementPerContract: $134365
leverageFactor: 5.4
sharpe: 0.49