Portfolio Analysis — live-active-by-symbol-2026-04-21_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 8, 26May 15, 26May 22, 26May 29, 26Total
PLTR3.034 3.034
UBER2.258 2.258
STZ1.961 1.961
JNJ1.878 1.878
ORCL1.738 1.738
PDD1.553 1.553
LULU1.528 1.528
NVDA1.245 1.245
WFC1.050 1.050
IWM1.034 1.034
PEP0.763 0.763
ADBE0.698 0.698
CRM0.070 0.070
TOTAL3.0343.8114.0177.948 18.809

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, 26May 29, 26Total
WFC8.929 8.929
STZ7.471 7.471
PEP6.358 6.358
PLTR3.743 3.743
ORCL2.950 2.950
NVDA2.415 2.415
IWM2.396 2.396
CRM1.652 1.652
ADBE-3.309 -3.309
PDD-5.551 -5.551
LULU-5.596 -5.596
JNJ-6.513 -6.513
UBER-17.379 -17.379
TOTAL3.743-22.9307.7618.991 -2.435

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, 26May 29, 26Total
WFC-1.431 -1.431
PEP-0.894 -0.894
UBER-0.775 -0.775
PDD-0.715 -0.715
JNJ-0.417 -0.417
STZ-0.417 -0.417
PLTR-0.238 -0.238
IWM-0.179 -0.179
NVDA-0.179 -0.179
LULU-0.119 -0.119
ORCL-0.119 -0.119
ADBE0.000 0.000
CRM0.000 0.000
TOTAL-0.238-1.490-0.477-3.278 -5.484

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, 26May 29, 26Total
JNJ-5.213 -5.213
STZ-4.117 -4.117
PEP-3.705 -3.705
WFC-3.006 -3.006
LULU-2.878 -2.878
IWM-2.748 -2.748
ORCL-2.045 -2.045
UBER-2.031 -2.031
ADBE-2.028 -2.028
NVDA-1.987 -1.987
PDD-1.959 -1.959
PLTR-1.536 -1.536
CRM-1.208 -1.208
TOTAL-1.536-3.990-6.780-22.154 -34.460

Theta / |Gamma| Quality

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

SymbolExpiryPositionΘ / |Γ|
ORCL May 22, 26 ORCL May 22nd 145/150 Bull Put Spread 14.582
LULU May 29, 26 LULU May 29th 190/195 Bear Call Spread 12.818
PLTR May 8, 26 PLTR May 8th 120/125 Bull Put Spread 12.724
NVDA May 22, 26 NVDA May 22nd 165/170 Bull Put Spread 6.962
IWM May 22, 26 IWM May 22nd 245/250 Bull Put Spread 5.782
STZ May 29, 26 STZ May 29th 140/145 Bull Put Spread 4.700
JNJ May 29, 26 JNJ May 29th 245/250 Bear Call Spread 4.500
UBER May 15, 26 UBER May 15th 82.5/87.5 Bear Call Spread 2.914
PDD May 15, 26 PDD May 15th 115/120 Bear Call Spread 2.171
PEP May 29, 26 PEP May 29th 140/145 Bull Put Spread 0.853
WFC May 29, 26 WFC May 29th 70/75 Bull Put Spread 0.734
ADBE May 29, 26 ADBE May 29th 280/285 Bear Call Spread —
CRM May 29, 26 CRM May 29th 155/160 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|
PLTR May 8, 26 PLTR May 8th 120/125 Bull Put Spread 1.975
UBER May 15, 26 UBER May 15th 82.5/87.5 Bear Call Spread 1.112
ORCL May 22, 26 ORCL May 22nd 145/150 Bull Put Spread 0.850
PDD May 15, 26 PDD May 15th 115/120 Bear Call Spread 0.792
NVDA May 22, 26 NVDA May 22nd 165/170 Bull Put Spread 0.627
LULU May 29, 26 LULU May 29th 190/195 Bear Call Spread 0.531
STZ May 29, 26 STZ May 29th 140/145 Bull Put Spread 0.476
IWM May 22, 26 IWM May 22nd 245/250 Bull Put Spread 0.376
JNJ May 29, 26 JNJ May 29th 245/250 Bear Call Spread 0.360
WFC May 29, 26 WFC May 29th 70/75 Bull Put Spread 0.349
ADBE May 29, 26 ADBE May 29th 280/285 Bear Call Spread 0.344
PEP May 29, 26 PEP May 29th 140/145 Bull Put Spread 0.206
CRM May 29, 26 CRM May 29th 155/160 Bull Put Spread 0.058

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 86.6%$84$84$416$173.034-1.536-0.238477.9%12.721.9734.5%
UBER Bear Call May 15, 26 67.2%$56$56$445-$1092.258-2.031-0.774945.7%2.911.11-135.1%
PDD Bear Call May 15, 26 100.0%$55$55$446$551.553-1.959-0.715340.2%2.170.7946.8%
ORCL Bull Put May 22, 26 87.8%$76$76$424$151.738-2.045-0.119259.8%14.580.8528.3%
NVDA Bull Put May 22, 26 88.8%$62$62$438$61.245-1.987-0.178849.2%6.960.6341.9%
IWM Bull Put May 22, 26 90.1%$62$62$439$121.034-2.748-0.178831.4%5.780.3851.2%
STZ Bull Put May 29, 26 95.3%$50$50$450$261.961-4.117-0.417235.7%4.700.48-95.0%
JNJ Bear Call May 29, 26 85.3%$68$68$433-$61.878-5.213-0.417223.3%4.500.36-3.7%
LULU Bear Call May 29, 26 79.4%$62$62$438-$411.528-2.878-0.119237.4%12.820.53-19.4%
WFC Bull Put May 29, 26 87.4%$50$50$450-$131.050-3.006-1.430534.2%0.730.3511.0%
PEP Bull Put May 29, 26 83.5%$50$50$450-$320.763-3.705-0.894125.3%0.850.2116.0%
ADBE Bear Call May 29, 26 78.1%$70$70$430-$390.698-2.0280.000039.3%—0.3410.7%
CRM Bull Put May 29, 26 85.0%$57$57$443-$180.070-1.2080.000058.8%—0.0668.4%
TOTAL / AVG 85.7% avg$800$800$5700-$12718.809-34.460-5.483642.9% avg3.438.0655.7%
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.