Portfolio Analysis — live-active-by-symbol-2026-04-15_08-16

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 8, 26May 15, 26May 22, 26Total
PLTR2.213 2.213
UBER1.846 1.846
MSTR1.805 1.805
PDD1.542 1.542
AAPL1.482 1.482
ASTS1.285 1.285
NVDA1.183 1.183
ORCL1.174 1.174
IWM0.922 0.922
CRM0.593 0.593
DAL0.147 0.147
CRCL-0.306 -0.306
TOTAL4.0184.6735.195 13.886

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 8, 26May 15, 26May 22, 26Total
PLTR6.423 6.423
IWM4.387 4.387
DAL3.275 3.275
NVDA2.962 2.962
ORCL2.177 2.177
CRCL0.760 0.760
ASTS-3.756 -3.756
CRM-4.262 -4.262
AAPL-6.876 -6.876
PDD-7.159 -7.159
MSTR-7.421 -7.421
UBER-13.958 -13.958
TOTAL-0.998-24.8732.423 -23.448

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 8, 26May 15, 26May 22, 26Total
UBER-1.252 -1.252
PDD-0.954 -0.954
DAL-0.685 -0.685
AAPL-0.477 -0.477
IWM-0.477 -0.477
PLTR-0.477 -0.477
NVDA-0.238 -0.238
ORCL0.000 0.000
CRCL0.119 0.119
ASTS0.238 0.238
CRM0.238 0.238
MSTR0.238 0.238
TOTAL-0.238-1.967-1.520 -3.725

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 8, 26May 15, 26May 22, 26Total
IWM-3.893 -3.893
AAPL-3.636 -3.636
PDD-2.591 -2.591
NVDA-2.379 -2.379
UBER-2.294 -2.294
CRM-1.913 -1.913
PLTR-1.731 -1.731
ORCL-1.696 -1.696
MSTR-1.165 -1.165
DAL-1.050 -1.050
ASTS-0.728 -0.728
CRCL-0.384 -0.384
TOTAL-2.895-5.614-14.951 -23.460

Theta / |Gamma| Quality

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

SymbolExpiryPositionΘ / |Γ|
MSTR May 8, 26 MSTR May 8th 150/155 Bear Call Spread 7.570
ASTS May 15, 26 ASTS May 15th 115/120 Bear Call Spread 5.390
NVDA May 22, 26 NVDA May 22nd 165/170 Bull Put Spread 4.962
PLTR May 8, 26 PLTR May 8th 120/125 Bull Put Spread 4.642
AAPL May 22, 26 AAPL May 22nd 275/280 Bear Call Spread 3.108
CRM May 22, 26 CRM May 22nd 195/200 Bear Call Spread 2.486
IWM May 22, 26 IWM May 22nd 245/250 Bull Put Spread 1.933
PDD May 15, 26 PDD May 15th 115/120 Bear Call Spread 1.617
UBER May 15, 26 UBER May 15th 82.5/87.5 Bear Call Spread 1.475
DAL May 22, 26 DAL May 22nd 55/60 Bull Put Spread 0.215
CRCL May 22, 26 CRCL May 22nd 65/70 Bull Put Spread -2.563
ORCL May 22, 26 ORCL May 22nd 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 1.764
MSTR May 8, 26 MSTR May 8th 150/155 Bear Call Spread 1.550
PLTR May 8, 26 PLTR May 8th 120/125 Bull Put Spread 1.279
UBER May 15, 26 UBER May 15th 82.5/87.5 Bear Call Spread 0.805
ORCL May 22, 26 ORCL May 22nd 130/135 Bull Put Spread 0.692
PDD May 15, 26 PDD May 15th 115/120 Bear Call Spread 0.595
NVDA May 22, 26 NVDA May 22nd 165/170 Bull Put Spread 0.497
AAPL May 22, 26 AAPL May 22nd 275/280 Bear Call Spread 0.408
CRM May 22, 26 CRM May 22nd 195/200 Bear Call Spread 0.310
IWM May 22, 26 IWM May 22nd 245/250 Bull Put Spread 0.237
DAL May 22, 26 DAL May 22nd 55/60 Bull Put Spread 0.140
CRCL May 22, 26 CRCL May 22nd 65/70 Bull Put Spread -0.796

Position Scorecard

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

SymbolTypeExpiryChanceCreditMax ProfitMax LossEVΘ ThetaVegaΓ GammaIVΘ/|Γ|Θ/|V|Return
PLTR Bull Put May 8, 26 73.0%$84$84$416-$512.213-1.731-0.476870.3%4.641.28-45.8%
MSTR Bear Call May 8, 26 67.9%$72$72$428-$891.805-1.1650.238464.1%7.571.55-94.4%
UBER Bear Call May 15, 26 73.8%$56$56$445-$761.846-2.294-1.251744.4%1.470.80-74.8%
PDD Bear Call May 15, 26 87.5%$55$55$446-$81.542-2.591-0.953735.7%1.620.6024.8%
ASTS Bear Call May 15, 26 81.2%$66$66$434-$281.285-0.7280.2384110.7%5.391.763.8%
AAPL Bear Call May 22, 26 73.0%$60$60$440-$751.482-3.636-0.476826.7%3.110.41-95.0%
NVDA Bull Put May 22, 26 86.5%$62$62$438-$51.183-2.379-0.238446.3%4.960.5021.8%
ORCL Bull Put May 22, 26 90.4%$66$66$434$181.174-1.6960.000062.8%—0.6940.1%
IWM Bull Put May 22, 26 81.5%$62$62$439-$310.922-3.893-0.476826.9%1.930.245.7%
CRM Bear Call May 22, 26 79.0%$69$69$431-$360.593-1.9130.238439.5%2.490.3126.1%
DAL Bull Put May 22, 26 91.6%$65$65$435$230.147-1.050-0.685553.2%0.220.1483.1%
CRCL Bull Put May 22, 26 92.0%$64$64$436$24-0.306-0.3840.1192103.6%-2.56-0.80103.9%
TOTAL / AVG 81.4% avg$780$780$5221-$33413.886-23.460-3.725357.0% avg3.737.48-0.8%
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.