Expiration: 2026-07-08
--
BuyPutStrike: 7075
SellPutStrike: 7320
SellCallStrike: 7605
BuyCallStrike: 7630
--
PutTrailingStop: 66.80
CallTrailingStop: 40.10

***PUT SIDE***
currentDate: 2026-07-07
expires: 2026-07-08
underlyingPrice: 7505.13
VIX: 16.64
partialVIX: 9.08
riskFreeReturn: 3.72%
spreadRequirement: $24500
-->spreadLowerStrikePrice: 7075
-->strikePrice: 7320
-->trailingStopPrice: 66.80
bidPrice: 0.25
askPrice: 0.3
pctOTM: 2.47%
delta: -0.0100
gamma: 0.0003
origDelta: -0.0104
origGamma: 0.0003
vega: 0.1200
maxLossIfStoppedOut: 6751.92
ivToVIXRatio: 1.0809
ivToPartialVIXRatio: 1.9803
impliedVolatility: 17.99%
origImpliedVolatility: 20.72%
premiumPerContract: $24.35
payoffUtility: $8
premiumCapture: 32.35%
annualizedPremiumPerContract: $6300
unleveragedAnnualizedYield: 0.84%
leveragedAnnualizedYield: 4.79%
marginRequirementPerContract: $131615
leverageFactor: 5.6
sharpe: 0.84

***CALL SIDE***
currentDate: 2026-07-07
expires: 2026-07-08
underlyingPrice: 7505.13
VIX: 16.64
partialVIX: 6.29
riskFreeReturn: 3.72%
spreadRequirement: $2500
-->spreadLowerStrikePrice: 7630
-->strikePrice: 7605
-->trailingStopPrice: 40.10
bidPrice: 0.1
askPrice: 0.15
pctOTM: 1.33%
delta: 0.0090
gamma: 0.0006
origDelta: 0.0094
origGamma: 0.0006
vega: 0.1098
maxLossIfStoppedOut: 4079.15
ivToVIXRatio: 0.5523
ivToPartialVIXRatio: 1.4608
impliedVolatility: 9.19%
origImpliedVolatility: 10.55%
premiumPerContract: $9.35
payoffUtility: $1
premiumCapture: 8.79%
annualizedPremiumPerContract: $2520
unleveragedAnnualizedYield: 0.34%
leveragedAnnualizedYield: 1.80%
marginRequirementPerContract: $140126
leverageFactor: 5.4
sharpe: 0.37