Expiration: 2026-07-16
--
BuyPutStrike: 7190
SellPutStrike: 7400
SellCallStrike: 7655
BuyCallStrike: 7700
--
PutTrailingStop: 67.70
CallTrailingStop: 40.60

***PUT SIDE***
currentDate: 2026-07-15
expires: 2026-07-16
underlyingPrice: 7570.11
VIX: 16.57
partialVIX: 8.22
riskFreeReturn: 3.69%
spreadRequirement: $21000
-->spreadLowerStrikePrice: 7190
-->strikePrice: 7400
-->trailingStopPrice: 67.70
bidPrice: 0.2
askPrice: 0.3
pctOTM: 2.25%
delta: -0.0099
gamma: 0.0004
origDelta: -0.0103
origGamma: 0.0004
vega: 0.1202
maxLossIfStoppedOut: 6838.24
ivToVIXRatio: 0.9874
ivToPartialVIXRatio: 1.9898
impliedVolatility: 16.36%
origImpliedVolatility: 18.77%
premiumPerContract: $19.35
payoffUtility: $3
premiumCapture: 15.26%
annualizedPremiumPerContract: $5040
unleveragedAnnualizedYield: 0.67%
leveragedAnnualizedYield: 3.75%
marginRequirementPerContract: $134411
leverageFactor: 5.5
sharpe: 0.67

***CALL SIDE***
currentDate: 2026-07-15
expires: 2026-07-16
underlyingPrice: 7570.11
VIX: 16.57
partialVIX: 5.44
riskFreeReturn: 3.69%
spreadRequirement: $4500
-->spreadLowerStrikePrice: 7700
-->strikePrice: 7655
-->trailingStopPrice: 40.60
bidPrice: 0.05
askPrice: 0.1
pctOTM: 1.12%
delta: 0.0068
gamma: 0.0006
origDelta: 0.0071
origGamma: 0.0006
vega: 0.0867
maxLossIfStoppedOut: 4130.95
ivToVIXRatio: 0.4482
ivToPartialVIXRatio: 1.3659
impliedVolatility: 7.43%
origImpliedVolatility: 8.61%
premiumPerContract: $4.35
payoffUtility: $-2
premiumCapture: -39.20%
annualizedPremiumPerContract: $1260
unleveragedAnnualizedYield: 0.17%
leveragedAnnualizedYield: 0.88%
marginRequirementPerContract: $142918
leverageFactor: 5.4
sharpe: 0.24