Portfolio Analysis — live-active-by-symbol-2026-04-10_13-38

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
MSFT5.164 5.164
ORCL2.101 2.101
HOOD1.914 1.914
MSTR1.683 1.683
AAPL1.619 1.619
COIN1.480 1.480
UBER1.256 1.256
BA1.230 1.230
INTC1.155 1.155
PDD0.975 0.975
ASTS0.964 0.964
PLTR0.745 0.745
XOM0.117 0.117
TOTAL7.2654.3426.0212.775 20.403

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
XOM12.670 12.670
ORCL9.069 9.069
PLTR8.028 8.028
INTC3.537 3.537
COIN2.872 2.872
ASTS-4.597 -4.597
MSTR-4.927 -4.927
PDD-4.964 -4.964
UBER-7.107 -7.107
AAPL-7.118 -7.118
MSFT-7.120 -7.120
BA-7.644 -7.644
HOOD-9.400 -9.400
TOTAL1.949-6.299-8.770-3.581 -16.701

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-1.028 -1.028
ASTS-0.954 -0.954
COIN-0.715 -0.715
PDD-0.685 -0.685
HOOD-0.477 -0.477
ORCL-0.477 -0.477
PLTR-0.477 -0.477
INTC-0.343 -0.343
AAPL-0.238 -0.238
BA0.000 0.000
XOM0.000 0.000
MSFT0.238 0.238
MSTR0.238 0.238
TOTAL-0.238-0.715-3.383-0.581 -4.917

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-5.369 -5.369
AAPL-4.430 -4.430
PDD-2.055 -2.055
UBER-2.029 -2.029
ORCL-1.989 -1.989
COIN-1.566 -1.566
BA-1.541 -1.541
HOOD-1.456 -1.456
MSTR-1.439 -1.439
INTC-1.275 -1.275
PLTR-0.949 -0.949
ASTS-0.626 -0.626
XOM-0.469 -0.469
TOTAL-7.357-3.844-8.286-5.705 -25.192

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 21.658
MSTR May 8, 26 MSTR May 8th 150/155 Bear Call Spread 7.061
AAPL May 22, 26 AAPL May 22nd 275/280 Bear Call Spread 6.792
ORCL May 1, 26 ORCL May 1st 125/130 Bull Put Spread 4.406
HOOD May 8, 26 HOOD May 8th 80/85 Bear Call Spread 4.013
INTC May 22, 26 INTC May 22nd 38/43 Bull Put Spread 3.371
COIN May 15, 26 COIN May 15th 130/135 Bull Put Spread 2.069
PLTR May 8, 26 PLTR May 8th 120/125 Bull Put Spread 1.562
PDD May 15, 26 PDD May 15th 115/120 Bear Call Spread 1.422
UBER May 15, 26 UBER May 15th 82.5/87.5 Bear Call Spread 1.221
ASTS May 15, 26 ASTS May 15th 115/120 Bear Call Spread 1.010
BA May 15, 26 BA May 15th 225/230 Bear Call Spread —
XOM May 15, 26 XOM May 15th 150/155 Bull Put 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|
ASTS May 15, 26 ASTS May 15th 115/120 Bear Call Spread 1.538
HOOD May 8, 26 HOOD May 8th 80/85 Bear Call Spread 1.314
MSTR May 8, 26 MSTR May 8th 150/155 Bear Call Spread 1.170
ORCL May 1, 26 ORCL May 1st 125/130 Bull Put Spread 1.057
MSFT May 1, 26 MSFT May 1st 400/410 Bear Call Spread 0.962
COIN May 15, 26 COIN May 15th 130/135 Bull Put Spread 0.945
INTC May 22, 26 INTC May 22nd 38/43 Bull Put Spread 0.906
BA May 15, 26 BA May 15th 225/230 Bear Call Spread 0.799
PLTR May 8, 26 PLTR May 8th 120/125 Bull Put Spread 0.785
UBER May 15, 26 UBER May 15th 82.5/87.5 Bear Call Spread 0.619
PDD May 15, 26 PDD May 15th 115/120 Bear Call Spread 0.475
AAPL May 22, 26 AAPL May 22nd 275/280 Bear Call Spread 0.366
XOM May 15, 26 XOM May 15th 150/155 Bull Put Spread 0.249

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 79.8%$130$130$870-$725.164-5.3690.238439.3%21.660.96-28.1%
ORCL Bull Put May 1, 26 68.9%$84$84$416-$712.101-1.989-0.476854.7%4.411.06-57.7%
HOOD Bear Call May 8, 26 79.0%$70$70$430-$351.914-1.456-0.476868.6%4.011.31-17.9%
MSTR Bear Call May 8, 26 80.7%$72$72$428-$251.683-1.4390.238466.0%7.061.17-3.5%
PLTR Bull Put May 8, 26 56.3%$84$84$416-$1350.745-0.949-0.476868.3%1.560.78-141.1%
COIN Bull Put May 15, 26 81.4%$83$83$417-$101.480-1.566-0.715384.4%2.070.940.6%
UBER Bear Call May 15, 26 90.3%$56$56$445$71.256-2.029-1.028242.5%1.220.6237.8%
BA Bear Call May 15, 26 62.2%$56$56$444-$1331.230-1.5410.000036.8%—0.80-234.8%
PDD Bear Call May 15, 26 100.0%$55$55$446$550.975-2.055-0.685536.0%1.420.4750.5%
ASTS Bear Call May 15, 26 72.5%$66$66$434-$720.964-0.626-0.9537106.2%1.011.54-59.1%
XOM Bull Put May 15, 26 45.2%$68$68$432-$2060.117-0.4690.000033.5%—0.25-278.7%
AAPL Bear Call May 22, 26 76.2%$60$60$440-$591.619-4.430-0.238424.6%6.790.37-96.7%
INTC Bull Put May 22, 26 91.9%$75$75$425$351.155-1.275-0.342783.2%3.370.9157.3%
TOTAL / AVG 75.7% avg$958$958$6042-$72120.403-25.192-4.917457.2% avg4.1511.18-771.3%
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.