Expiration: 2026-07-10
--
BuyPutStrike: 7130
SellPutStrike: 7355
SellCallStrike: 7630
BuyCallStrike: 7650
--
PutTrailingStop: 64.70
CallTrailingStop: 38.80

***PUT SIDE***
currentDate: 2026-07-09
expires: 2026-07-10
underlyingPrice: 7540.21
VIX: 17.27
partialVIX: 8.95
riskFreeReturn: 3.68%
spreadRequirement: $22500
-->spreadLowerStrikePrice: 7130
-->strikePrice: 7355
-->trailingStopPrice: 64.70
bidPrice: 0.2
askPrice: 0.3
pctOTM: 2.46%
delta: -0.0093
gamma: 0.0003
origDelta: -0.0097
origGamma: 0.0003
vega: 0.1127
maxLossIfStoppedOut: 6538.26
ivToVIXRatio: 1.0265
ivToPartialVIXRatio: 1.9807
impliedVolatility: 17.73%
origImpliedVolatility: 20.23%
premiumPerContract: $19.35
payoffUtility: $5
premiumCapture: 24.28%
annualizedPremiumPerContract: $5040
unleveragedAnnualizedYield: 0.67%
leveragedAnnualizedYield: 3.81%
marginRequirementPerContract: $132303
leverageFactor: 5.6
sharpe: 0.72

***CALL SIDE***
currentDate: 2026-07-09
expires: 2026-07-10
underlyingPrice: 7540.21
VIX: 17.27
partialVIX: 5.97
riskFreeReturn: 3.68%
spreadRequirement: $2000
-->spreadLowerStrikePrice: 7650
-->strikePrice: 7630
-->trailingStopPrice: 38.80
bidPrice: 0.05
askPrice: 0.15
pctOTM: 1.19%
delta: 0.0082
gamma: 0.0006
origDelta: 0.0085
origGamma: 0.0006
vega: 0.1016
maxLossIfStoppedOut: 3950.95
ivToVIXRatio: 0.4703
ivToPartialVIXRatio: 1.3595
impliedVolatility: 8.12%
origImpliedVolatility: 9.49%
premiumPerContract: $4.35
payoffUtility: $-3
premiumCapture: -60.29%
annualizedPremiumPerContract: $1260
unleveragedAnnualizedYield: 0.17%
leveragedAnnualizedYield: 0.89%
marginRequirementPerContract: $141830
leverageFactor: 5.4
sharpe: 0.20