Expiration: 2026-05-08
--
BuyPutStrike: 6785
SellPutStrike: 7245
SellCallStrike: 7410
BuyCallStrike: 7650
--
PutTrailingStop: 67.40
CallTrailingStop: 41.20

***PUT SIDE***
currentDate: 2026-05-07
expires: 2026-05-08
underlyingPrice: 7333.36
VIX: 17.60
riskFreeReturn: 3.60%
spreadRequirement: $46000
-->spreadLowerStrikePrice: 6785
-->strikePrice: 7245
-->trailingStopPrice: 67.40
bidPrice: 3
askPrice: 3.1
pctOTM: 1.20%
delta: -0.0945
gamma: 0.0025
theoreticalPrice: 3.05
origDelta: -0.0966
origGamma: 0.0025
maxLossIfStoppedOut: 6814.99
ivToVIXRatio: 0.8841
impliedVolatility: 15.56%
origImpliedVolatility: 17.74%
premiumPerContract: $299.35
payoffUtility: $112
premiumCapture: 37.42%
annualizedPremiumPerContract: $75600
unleveragedAnnualizedYield: 10.31%
leveragedAnnualizedYield: 54.73%
marginRequirementPerContract: $138131
leverageFactor: 5.2
sharpe: 1.09

***CALL SIDE***
currentDate: 2026-05-07
expires: 2026-05-08
underlyingPrice: 7333.36
VIX: 17.60
riskFreeReturn: 3.60%
spreadRequirement: $24000
-->spreadLowerStrikePrice: 7650
-->strikePrice: 7410
-->trailingStopPrice: 41.20
bidPrice: 1.25
askPrice: 1.35
pctOTM: 1.05%
delta: 0.0617
gamma: 0.0025
theoreticalPrice: 1.30
origDelta: 0.0625
origGamma: 0.0025
maxLossIfStoppedOut: 4189.92
ivToVIXRatio: 0.6279
impliedVolatility: 11.05%
origImpliedVolatility: 12.82%
premiumPerContract: $124.35
payoffUtility: $54
premiumCapture: 42.99%
annualizedPremiumPerContract: $31500
unleveragedAnnualizedYield: 4.30%
leveragedAnnualizedYield: 22.64%
marginRequirementPerContract: $139128
leverageFactor: 5.3
sharpe: 0.70