Expiration: 2026-08-11
--
BuyPutStrike: 7445
SellPutStrike: 7575
SellCallStrike: 7875
BuyCallStrike: 8020
--
PutTrailingStop: 7.10
CallTrailingStop: 6.50

***PUT SIDE***
currentDate: 2026-08-10
expires: 2026-08-11
underlyingPrice: 7749.55
VIX: 15.72
partialVIX: 7.28
riskFreeReturn: 3.72%
spreadRequirement: $13000
-->spreadLowerStrikePrice: 7445
-->strikePrice: 7575
-->trailingStopPrice: 7.10
bidPrice: 0.2
askPrice: 0.25
pctOTM: 2.25%
delta: -0.0089
gamma: 0.0003
origDelta: -0.0102
origGamma: 0.0004
vega: 0.1124
maxLossIfStoppedOut: 780.26
ivToVIXRatio: 1.0248
ivToPartialVIXRatio: 2.2127
impliedVolatility: 16.11%
origImpliedVolatility: 18.54%
premiumPerContract: $19.35
payoffUtility: $18
premiumCapture: 91.19%
annualizedPremiumPerContract: $5040
unleveragedAnnualizedYield: 0.65%
leveragedAnnualizedYield: 3.66%
marginRequirementPerContract: $137556
leverageFactor: 5.5
sharpe: 0.73

***CALL SIDE***
currentDate: 2026-08-10
expires: 2026-08-11
underlyingPrice: 7749.55
VIX: 15.72
partialVIX: 6.57
riskFreeReturn: 3.72%
spreadRequirement: $14500
-->spreadLowerStrikePrice: 8020
-->strikePrice: 7875
-->trailingStopPrice: 6.50
bidPrice: 0.15
askPrice: 0.2
pctOTM: 1.62%
delta: 0.0098
gamma: 0.0005
origDelta: 0.0100
origGamma: 0.0005
vega: 0.1223
maxLossIfStoppedOut: 719.67
ivToVIXRatio: 0.7205
ivToPartialVIXRatio: 1.7247
impliedVolatility: 11.33%
origImpliedVolatility: 13.32%
premiumPerContract: $14.35
payoffUtility: $13
premiumCapture: 88.39%
annualizedPremiumPerContract: $3780
unleveragedAnnualizedYield: 0.49%
leveragedAnnualizedYield: 2.65%
marginRequirementPerContract: $142461
leverageFactor: 5.5
sharpe: 0.50