Portfolio Analysis — live-active-by-symbol-2026-04-10_08-11

Theta · Vega · Delta · Gamma · Quality · Scorecard

Paste a spread row from the exported CSV. Press Enter or click Add. Each spread appears as a pill above and is highlighted in every table below.

Theta Concentration

Daily time decay accrual by underlying and expiration. Sorted by row total descending. Grand total = portfolio theta.

SymbolMay 1, 26May 8, 26May 15, 26May 22, 26Total
MSFT5.455 5.455
INTC2.491 2.491
COIN1.706 1.706
HOOD1.695 1.695
ORCL1.555 1.555
MSTR1.552 1.552
UBER1.316 1.316
PDD1.311 1.311
AAPL1.306 1.306
BA1.149 1.149
ASTS1.056 1.056
TSM0.558 0.558
UNH0.254 0.254
XOM0.193 0.193
PLTR0.085 0.085
CRM0.030 0.030
TOTAL7.8233.3326.7613.798 21.714

Delta Concentration — Directional Exposure

Net directional exposure by underlying and expiration. Bull Put spreads are positive delta, Bear Call spreads are negative. Sorted most positive first.

SymbolMay 1, 26May 8, 26May 15, 26May 22, 26Total
XOM12.643 12.643
ORCL9.937 9.937
CRM8.435 8.435
PLTR8.359 8.359
INTC6.110 6.110
COIN3.421 3.421
TSM-4.725 -4.725
ASTS-4.745 -4.745
MSTR-4.853 -4.853
UNH-6.328 -6.328
AAPL-6.982 -6.982
PDD-7.291 -7.291
MSFT-7.552 -7.552
BA-7.653 -7.653
UBER-7.688 -7.688
HOOD-8.668 -8.668
TOTAL-8.668-5.162-2.876-0.872 -17.578

Gamma Concentration — Convexity Risk

All values are negative (credit spreads are short gamma). More red = more exposure to large moves in either direction. Sorted by row total ascending (most exposed first).

SymbolMay 1, 26May 8, 26May 15, 26May 22, 26Total
UBER-1.103 -1.103
CRM-0.954 -0.954
UNH-0.954 -0.954
PDD-0.775 -0.775
HOOD-0.596 -0.596
COIN-0.477 -0.477
ORCL-0.477 -0.477
INTC-0.417 -0.417
AAPL-0.238 -0.238
MSFT-0.238 -0.238
MSTR-0.238 -0.238
BA0.000 0.000
XOM0.477 0.477
ASTS0.954 0.954
PLTR0.954 0.954
TSM0.954 0.954
TOTAL-0.7150.119-1.878-0.656 -3.129

Vega Concentration — Short Volatility Risk

All values are negative (short premium = short vega). Sorted by row total ascending (most exposed first). Grand total = how much the book loses per 1% rise in IV across all positions.

SymbolMay 1, 26May 8, 26May 15, 26May 22, 26Total
MSFT-5.444 -5.444
AAPL-3.795 -3.795
PDD-2.705 -2.705
UBER-2.191 -2.191
INTC-1.925 -1.925
ORCL-1.794 -1.794
COIN-1.633 -1.633
BA-1.402 -1.402
MSTR-1.378 -1.378
HOOD-1.373 -1.373
UNH-1.164 -1.164
CRM-0.960 -0.960
XOM-0.901 -0.901
ASTS-0.634 -0.634
PLTR-0.337 -0.337
TSM0.070 0.070
TOTAL-8.332-3.088-10.425-5.720 -27.566

Theta / |Gamma| Quality

Daily time decay collected per unit of convexity risk. Higher = better compensated. Sorted best → worst.

SymbolExpiryPositionΘ / |Γ|
MSFT May 1, 26 MSFT May 1st 400/410 Bear Call Spread 22.882
MSTR May 8, 26 MSTR May 8th 150/155 Bear Call Spread 6.511
INTC May 22, 26 INTC May 22nd 38/43 Bull Put Spread 5.971
AAPL May 22, 26 AAPL May 22nd 275/280 Bear Call Spread 5.479
COIN May 15, 26 COIN May 15th 130/135 Bull Put Spread 3.578
ORCL May 1, 26 ORCL May 1st 125/130 Bull Put Spread 3.260
HOOD May 8, 26 HOOD May 8th 80/85 Bear Call Spread 2.844
PDD May 15, 26 PDD May 15th 115/120 Bear Call Spread 1.691
UBER May 15, 26 UBER May 15th 82.5/87.5 Bear Call Spread 1.194
ASTS May 15, 26 ASTS May 15th 115/120 Bear Call Spread 1.108
TSM May 1, 26 TSM May 1st 375/380 Bear Call Spread 0.586
XOM May 15, 26 XOM May 15th 150/155 Bull Put Spread 0.406
UNH May 1, 26 UNH May 1st 315/320 Bear Call Spread 0.266
PLTR May 8, 26 PLTR May 8th 120/125 Bull Put Spread 0.089
CRM May 15, 26 CRM May 15th 160/165 Bull Put Spread 0.031
BA May 15, 26 BA May 15th 225/230 Bear Call Spread —

Theta / |Vega| Quality

Daily time decay collected per unit of volatility exposure. Higher = better compensated for a vol spike. Sorted best → worst.

SymbolExpiryPositionΘ / |V|
TSM May 1, 26 TSM May 1st 375/380 Bear Call Spread 8.033
ASTS May 15, 26 ASTS May 15th 115/120 Bear Call Spread 1.667
INTC May 22, 26 INTC May 22nd 38/43 Bull Put Spread 1.294
HOOD May 8, 26 HOOD May 8th 80/85 Bear Call Spread 1.234
MSTR May 8, 26 MSTR May 8th 150/155 Bear Call Spread 1.127
COIN May 15, 26 COIN May 15th 130/135 Bull Put Spread 1.045
MSFT May 1, 26 MSFT May 1st 400/410 Bear Call Spread 1.002
ORCL May 1, 26 ORCL May 1st 125/130 Bull Put Spread 0.866
BA May 15, 26 BA May 15th 225/230 Bear Call Spread 0.820
UBER May 15, 26 UBER May 15th 82.5/87.5 Bear Call Spread 0.601
PDD May 15, 26 PDD May 15th 115/120 Bear Call Spread 0.484
AAPL May 22, 26 AAPL May 22nd 275/280 Bear Call Spread 0.344
PLTR May 8, 26 PLTR May 8th 120/125 Bull Put Spread 0.251
UNH May 1, 26 UNH May 1st 315/320 Bear Call Spread 0.218
XOM May 15, 26 XOM May 15th 150/155 Bull Put Spread 0.215
CRM May 15, 26 CRM May 15th 160/165 Bull Put Spread 0.031

Position Scorecard

Each column normalized independently. Grouped by expiration, sorted by Theta within each group.

SymbolTypeExpiryChanceCreditMax ProfitMax LossEVΘ ThetaVegaΓ GammaIVΘ/|Γ|Θ/|V|Return
MSFT Bear Call May 1, 26 78.5%$130$130$870-$865.455-5.444-0.238439.5%22.881.00-44.2%
ORCL Bull Put May 1, 26 65.3%$84$84$416-$901.555-1.794-0.476852.8%3.260.87-70.8%
TSM Bear Call May 1, 26 50.8%$75$75$425-$1710.5580.0700.953746.9%0.598.03-233.3%
UNH Bear Call May 1, 26 59.6%$59$59$441-$1430.254-1.164-0.953737.0%0.270.22-141.5%
HOOD Bear Call May 8, 26 80.6%$70$70$430-$271.695-1.373-0.596069.1%2.841.23-5.0%
MSTR Bear Call May 8, 26 81.0%$72$72$428-$231.552-1.378-0.238466.5%6.511.13-3.5%
PLTR Bull Put May 8, 26 47.7%$84$84$416-$1770.085-0.3370.953770.0%0.090.25-197.6%
COIN Bull Put May 15, 26 76.1%$83$83$417-$361.706-1.633-0.476885.2%3.581.05-32.5%
UBER Bear Call May 15, 26 92.6%$56$56$445$181.316-2.191-1.102740.9%1.190.6033.3%
PDD Bear Call May 15, 26 87.2%$55$55$446-$91.311-2.705-0.774934.3%1.690.4819.3%
BA Bear Call May 15, 26 61.1%$56$56$444-$1391.149-1.4020.000036.8%—0.82-243.8%
ASTS Bear Call May 15, 26 72.0%$66$66$434-$741.056-0.6340.9537106.4%1.111.67-70.5%
XOM Bull Put May 15, 26 48.2%$68$68$432-$1910.193-0.9010.476833.1%0.410.21-245.6%
CRM Bull Put May 15, 26 52.5%$86$86$414-$1510.030-0.960-0.953745.3%0.030.03-132.6%
INTC Bull Put May 22, 26 89.8%$75$75$425$242.491-1.925-0.417298.8%5.971.29-16.0%
AAPL Bear Call May 22, 26 72.6%$60$60$440-$771.306-3.795-0.238425.0%5.480.34-100.8%
TOTAL / AVG 69.7% avg$1178$1178$7322-$135221.714-27.566-3.129255.5% avg6.9419.23-1485.1%
Column guide — EV & Greeks
EV
Binary-outcome expected value: Chance × Max Profit − (1 − Chance) × Max Loss. Treats the trade as either expiring fully worthless (max profit) or reaching max loss — nothing in between. Negative EV is normal and expected for credit spreads: max loss is typically 4–10× max profit, so even an 80% winner produces a negative number. Use EV as a relative ranking across positions, not as an absolute signal. A less-negative EV means the risk/reward ratio is better for a given probability.
Θ Theta
Daily time decay in dollars. Positive means the position earns money each day that passes with everything else held constant. Credit spreads are short premium, so theta is always positive — you are the one collecting the decay. The Theta Concentration section at the top of this page shows how this is distributed across underlyings and expirations.
Vega
Dollar change in position value per 1% rise in implied volatility (IV). Negative for all credit spreads — you sold premium, so a spike in IV increases the value of what you owe and hurts you. The magnitude tells you how exposed a position is to a volatility event. The Vega Concentration section shows this aggregated across the book.
Γ Gamma
Rate of change of delta per $1 move in the underlying. Negative for credit spreads — a large move in either direction increases your directional exposure in the wrong direction (losses accelerate as the underlying moves against you). Near-expiry, at-the-money positions carry the most gamma risk.
IV
Implied volatility of the underlying at the time the position was entered. Higher IV at entry means you collected more premium relative to the width of the spread — generally a more favourable entry environment for credit strategies. Not updated in real time; it reflects the entry conditions.
Θ / |Γ|
Quality ratio: how much daily theta you earn per unit of gamma risk. Higher is better — the position is well compensated for the convexity exposure it carries. Useful for comparing two positions with similar probability profiles but different risk/reward dynamics. Positions with gamma = 0 (deep in- or out-of-the-money, no convexity) are excluded from ranking.
Θ / |V|
How much daily theta you earn per dollar lost if implied volatility rises by 1%. Higher is better — the position is well compensated for its volatility exposure. Low values identify positions that are cheapest to close into a vol spike: you are earning little time decay relative to how much a sustained IV expansion would hurt you. Complements Θ/|Γ| — gamma risk is acute and move-driven, vega risk is broader and regime-driven. A position can score well on one and poorly on the other.
Return
Current mark-to-market return on the position as a percentage of max profit. 100% means the spread has expired worthless and you kept all the premium. Negative means the position is currently at a loss relative to entry. Colour is diverging: green for positive return, red for negative.