Expiration: 2026-07-17
--
BuyPutStrike: 7025
SellPutStrike: 7440
SellCallStrike: 7655
BuyCallStrike: 7705
--
PutTrailingStop: 64.80
CallTrailingStop: 38.90

***PUT SIDE***
currentDate: 2026-07-16
expires: 2026-07-17
underlyingPrice: 7533.77
VIX: 17.23
partialVIX: 10.63
riskFreeReturn: 3.69%
spreadRequirement: $41500
-->spreadLowerStrikePrice: 7025
-->strikePrice: 7440
-->trailingStopPrice: 64.80
bidPrice: 3
askPrice: 3.2
pctOTM: 1.24%
delta: -0.0921
gamma: 0.0023
origDelta: -0.0976
origGamma: 0.0025
vega: 0.7464
maxLossIfStoppedOut: 6547.74
ivToVIXRatio: 0.9257
ivToPartialVIXRatio: 1.5009
impliedVolatility: 15.95%
origImpliedVolatility: 17.42%
premiumPerContract: $299.35
payoffUtility: $123
premiumCapture: 41.08%
annualizedPremiumPerContract: $75600
unleveragedAnnualizedYield: 10.03%
leveragedAnnualizedYield: 53.39%
marginRequirementPerContract: $141598
leverageFactor: 5.3
sharpe: 1.09

***CALL SIDE***
currentDate: 2026-07-16
expires: 2026-07-17
underlyingPrice: 7533.77
VIX: 17.23
partialVIX: 7.78
riskFreeReturn: 3.69%
spreadRequirement: $5000
-->spreadLowerStrikePrice: 7705
-->strikePrice: 7655
-->trailingStopPrice: 38.90
bidPrice: 0.1
askPrice: 0.2
pctOTM: 1.61%
delta: 0.0089
gamma: 0.0005
origDelta: 0.0090
origGamma: 0.0005
vega: 0.1090
maxLossIfStoppedOut: 3956.64
ivToVIXRatio: 0.6458
ivToPartialVIXRatio: 1.4302
impliedVolatility: 11.13%
origImpliedVolatility: 13.33%
premiumPerContract: $9.35
payoffUtility: $1
premiumCapture: 12.39%
annualizedPremiumPerContract: $2520
unleveragedAnnualizedYield: 0.33%
leveragedAnnualizedYield: 1.82%
marginRequirementPerContract: $138562
leverageFactor: 5.5
sharpe: 0.37