Expiration: 2026-05-01
--
BuyPutStrike: 6685
SellPutStrike: 7130
SellCallStrike: 7280
BuyCallStrike: 7400
--
PutTrailingStop: 57.00
CallTrailingStop: 34.20

***PUT SIDE***
currentDate: 2026-04-30
expires: 2026-05-01
underlyingPrice: 7212.41
VIX: 18.73
riskFreeReturn: 3.58%
spreadRequirement: $44500
-->spreadLowerStrikePrice: 6685
-->strikePrice: 7130
-->trailingStopPrice: 57.00
bidPrice: 2.5
askPrice: 2.65
pctOTM: 1.14%
delta: -0.0889
gamma: 0.0026
theoreticalPrice: 2.57
origDelta: -0.0854
origGamma: 0.0025
maxLossIfStoppedOut: 5774.78
ivToVIXRatio: 0.7676
impliedVolatility: 14.38%
origImpliedVolatility: 16.66%
premiumPerContract: $249.35
payoffUtility: $101
premiumCapture: 40.42%
annualizedPremiumPerContract: $63000
unleveragedAnnualizedYield: 8.73%
leveragedAnnualizedYield: 46.24%
marginRequirementPerContract: $136257
leverageFactor: 5.2
sharpe: 0.98

***CALL SIDE***
currentDate: 2026-04-30
expires: 2026-05-01
underlyingPrice: 7212.41
VIX: 18.73
riskFreeReturn: 3.58%
spreadRequirement: $12000
-->spreadLowerStrikePrice: 7400
-->strikePrice: 7280
-->trailingStopPrice: 34.20
bidPrice: 1.35
askPrice: 1.45
pctOTM: 0.94%
delta: 0.0705
gamma: 0.0030
theoreticalPrice: 1.40
origDelta: 0.0763
origGamma: 0.0032
maxLossIfStoppedOut: 3492.87
ivToVIXRatio: 0.5534
impliedVolatility: 10.36%
origImpliedVolatility: 11.67%
premiumPerContract: $134.35
payoffUtility: $65
premiumCapture: 48.24%
annualizedPremiumPerContract: $34020
unleveragedAnnualizedYield: 4.72%
leveragedAnnualizedYield: 24.72%
marginRequirementPerContract: $137624
leverageFactor: 5.3
sharpe: 0.67