Expiration: 2026-05-11
--
BuyPutStrike: 6875
SellPutStrike: 7305
SellCallStrike: 7470
BuyCallStrike: 7660
--
PutTrailingStop: 67.00
CallTrailingStop: 42.00

***PUT SIDE***
currentDate: 2026-05-08
expires: 2026-05-11
underlyingPrice: 7394.87
VIX: 17.53
riskFreeReturn: 3.60%
spreadRequirement: $43000
-->spreadLowerStrikePrice: 6875
-->strikePrice: 7305
-->trailingStopPrice: 67.00
bidPrice: 3.2
askPrice: 3.3
pctOTM: 1.22%
delta: -0.0969
gamma: 0.0024
theoreticalPrice: 3.25
origDelta: -0.0983
origGamma: 0.0025
maxLossIfStoppedOut: 6773.26
ivToVIXRatio: 0.7440
impliedVolatility: 13.04%
origImpliedVolatility: 10.43%
premiumPerContract: $319.35
payoffUtility: $127
premiumCapture: 39.54%
annualizedPremiumPerContract: $80640
unleveragedAnnualizedYield: 10.90%
leveragedAnnualizedYield: 57.92%
marginRequirementPerContract: $139230
leverageFactor: 5.2
sharpe: 1.12

***CALL SIDE***
currentDate: 2026-05-08
expires: 2026-05-11
underlyingPrice: 7394.87
VIX: 17.53
riskFreeReturn: 3.60%
spreadRequirement: $19000
-->spreadLowerStrikePrice: 7660
-->strikePrice: 7470
-->trailingStopPrice: 42.00
bidPrice: 1.15
askPrice: 1.25
pctOTM: 1.02%
delta: 0.0595
gamma: 0.0025
theoreticalPrice: 1.20
origDelta: 0.0601
origGamma: 0.0025
maxLossIfStoppedOut: 4265.90
ivToVIXRatio: 0.4920
impliedVolatility: 8.63%
origImpliedVolatility: 7.11%
premiumPerContract: $114.35
payoffUtility: $46
premiumCapture: 39.77%
annualizedPremiumPerContract: $28980
unleveragedAnnualizedYield: 3.92%
leveragedAnnualizedYield: 20.63%
marginRequirementPerContract: $140499
leverageFactor: 5.3
sharpe: 0.66