Portfolio Analysis — live-active-by-symbol-2026-04-13_08-18

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
MSFT5.775 5.775
ORCL2.916 2.916
HOOD2.254 2.254
COIN1.874 1.874
AAPL1.733 1.733
MSTR1.700 1.700
BA1.387 1.387
UBER1.320 1.320
PDD1.168 1.168
PLTR1.150 1.150
INTC1.079 1.079
ASTS0.925 0.925
XOM0.251 0.251
TOTAL8.6915.1046.9252.812 23.532

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
XOM12.767 12.767
PLTR7.679 7.679
ORCL6.203 6.203
INTC3.048 3.048
COIN2.811 2.811
MSTR-4.703 -4.703
ASTS-4.799 -4.799
PDD-5.099 -5.099
AAPL-6.621 -6.621
UBER-7.439 -7.439
MSFT-7.715 -7.715
BA-7.737 -7.737
HOOD-10.124 -10.124
TOTAL-1.512-7.148-9.495-3.574 -21.729

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
PDD-0.775 -0.775
HOOD-0.715 -0.715
MSFT-0.477 -0.477
AAPL-0.358 -0.358
ORCL-0.358 -0.358
INTC-0.343 -0.343
COIN0.000 0.000
MSTR0.238 0.238
ASTS0.477 0.477
BA0.477 0.477
PLTR0.477 0.477
XOM0.477 0.477
TOTAL-0.834-0.000-0.447-0.700 -1.982

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-4.750 -4.750
AAPL-4.495 -4.495
PDD-2.097 -2.097
ORCL-2.055 -2.055
UBER-1.999 -1.999
BA-1.627 -1.627
COIN-1.584 -1.584
HOOD-1.480 -1.480
MSTR-1.347 -1.347
PLTR-1.256 -1.256
INTC-1.110 -1.110
XOM-0.596 -0.596
ASTS-0.550 -0.550
TOTAL-6.805-4.083-8.453-5.605 -24.946

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 12.112
ORCL May 1, 26 ORCL May 1st 125/130 Bull Put Spread 8.153
MSTR May 8, 26 MSTR May 8th 150/155 Bear Call Spread 7.130
AAPL May 22, 26 AAPL May 22nd 275/280 Bear Call Spread 4.846
HOOD May 8, 26 HOOD May 8th 80/85 Bear Call Spread 3.152
INTC May 22, 26 INTC May 22nd 38/43 Bull Put Spread 3.148
BA May 15, 26 BA May 15th 225/230 Bear Call Spread 2.909
PLTR May 8, 26 PLTR May 8th 120/125 Bull Put Spread 2.412
ASTS May 15, 26 ASTS May 15th 115/120 Bear Call Spread 1.939
PDD May 15, 26 PDD May 15th 115/120 Bear Call Spread 1.507
UBER May 15, 26 UBER May 15th 82.5/87.5 Bear Call Spread 1.197
XOM May 15, 26 XOM May 15th 150/155 Bull Put Spread 0.526
COIN May 15, 26 COIN May 15th 130/135 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 1.681
HOOD May 8, 26 HOOD May 8th 80/85 Bear Call Spread 1.523
ORCL May 1, 26 ORCL May 1st 125/130 Bull Put Spread 1.419
MSTR May 8, 26 MSTR May 8th 150/155 Bear Call Spread 1.262
MSFT May 1, 26 MSFT May 1st 400/410 Bear Call Spread 1.216
COIN May 15, 26 COIN May 15th 130/135 Bull Put Spread 1.183
INTC May 22, 26 INTC May 22nd 38/43 Bull Put Spread 0.972
PLTR May 8, 26 PLTR May 8th 120/125 Bull Put Spread 0.916
BA May 15, 26 BA May 15th 225/230 Bear Call Spread 0.852
UBER May 15, 26 UBER May 15th 82.5/87.5 Bear Call Spread 0.661
PDD May 15, 26 PDD May 15th 115/120 Bear Call Spread 0.557
XOM May 15, 26 XOM May 15th 150/155 Bull Put Spread 0.420
AAPL May 22, 26 AAPL May 22nd 275/280 Bear Call Spread 0.386

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 76.5%$130$130$870-$1055.775-4.750-0.476842.9%12.111.22-51.9%
ORCL Bull Put May 1, 26 79.1%$84$84$416-$212.916-2.055-0.357660.2%8.151.426.0%
HOOD Bear Call May 8, 26 77.2%$70$70$430-$442.254-1.480-0.715369.5%3.151.52-26.4%
MSTR Bear Call May 8, 26 82.4%$72$72$428-$161.700-1.3470.238468.0%7.131.266.9%
PLTR Bull Put May 8, 26 61.8%$84$84$416-$1071.150-1.2560.476869.2%2.410.92-99.4%
COIN Bull Put May 15, 26 83.3%$83$83$417-$11.874-1.5840.000088.0%—1.18-0.6%
BA Bear Call May 15, 26 63.2%$56$56$444-$1281.387-1.6270.476837.6%2.910.85-225.9%
UBER Bear Call May 15, 26 86.7%$56$56$445-$111.320-1.999-1.102742.8%1.200.6636.0%
PDD Bear Call May 15, 26 90.5%$55$55$446$71.168-2.097-0.774936.8%1.510.5649.5%
ASTS Bear Call May 15, 26 69.8%$66$66$434-$850.925-0.5500.4768108.6%1.941.68-74.2%
XOM Bull Put May 15, 26 46.3%$68$68$432-$2010.251-0.5960.476834.5%0.530.42-275.0%
AAPL Bear Call May 22, 26 78.4%$60$60$440-$481.733-4.495-0.357625.3%4.850.39-69.2%
INTC Bull Put May 22, 26 92.8%$75$75$425$391.079-1.110-0.342785.6%3.150.9764.7%
TOTAL / AVG 76.0% avg$958$958$6042-$72023.532-24.946-1.981959.2% avg11.8713.05-659.5%
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.