Portfolio Analysis — live-active-by-symbol-2026-05-04_13-56

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 29, 26Jun 5, 26Jun 12, 26Total
C1.9221.459 3.381
CRM2.290 2.290
NOW2.056 2.056
AA1.821 1.821
NEM1.797 1.797
WFC1.744 1.744
HOOD1.566 1.566
DAL1.496 1.496
STZ1.485 1.485
ZS1.361 1.361
NFLX1.288 1.288
ORCL1.255 1.255
GLW1.111 1.111
BA0.925 0.925
TOTAL12.1186.2365.220 23.575

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 29, 26Jun 5, 26Jun 12, 26Total
C9.7818.049 17.830
WFC14.968 14.968
STZ14.788 14.788
NFLX12.649 12.649
NEM10.074 10.074
AA9.847 9.847
DAL8.002 8.002
HOOD7.907 7.907
BA6.454 6.454
CRM3.875 3.875
GLW3.520 3.520
ORCL2.599 2.599
ZS-2.840 -2.840
NOW-6.841 -6.841
TOTAL58.42117.73726.675 102.833

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 29, 26Jun 5, 26Jun 12, 26Total
WFC-2.757 -2.757
C-0.834-0.775 -1.609
AA-1.550 -1.550
NFLX-1.550 -1.550
DAL-1.311 -1.311
STZ-0.954 -0.954
HOOD-0.536 -0.536
BA-0.477 -0.477
NEM-0.477 -0.477
NOW-0.298 -0.298
GLW-0.238 -0.238
CRM-0.119 -0.119
ORCL0.000 0.000
ZS0.000 0.000
TOTAL-7.525-2.027-2.325 -11.876

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 29, 26Jun 5, 26Jun 12, 26Total
C-3.176-3.160 -6.336
NFLX-3.775 -3.775
WFC-3.360 -3.360
STZ-3.264 -3.264
BA-2.965 -2.965
NEM-2.585 -2.585
CRM-2.161 -2.161
HOOD-2.127 -2.127
NOW-2.016 -2.016
AA-1.979 -1.979
GLW-1.816 -1.816
DAL-1.804 -1.804
ORCL-1.787 -1.787
ZS-1.085 -1.085
TOTAL-16.830-10.726-9.506 -37.061

Theta / |Gamma| Quality

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

SymbolExpiryPositionΘ / |Γ|
CRM May 29, 26 CRM May 29th 155/160 Bull Put Spread 19.207
NOW Jun 5, 26 NOW Jun 5th 110/115 Bear Call Spread 6.899
GLW Jun 12, 26 GLW Jun 12th 130/135 Bull Put Spread 4.661
NEM Jun 5, 26 NEM Jun 5th 95/100 Bull Put Spread 3.769
HOOD Jun 12, 26 HOOD Jun 12th 60/65 Bull Put Spread 2.920
C May 29, 26 C May 29th 112/117 Bull Put Spread 2.303
BA Jun 5, 26 BA Jun 5th 205/210 Bull Put Spread 1.939
C Jun 5, 26 C Jun 5th 110/115 Bull Put Spread 1.883
STZ May 29, 26 STZ May 29th 140/145 Bull Put Spread 1.557
AA May 29, 26 AA May 29th 50/55 Bull Put Spread 1.175
DAL May 29, 26 DAL May 29th 55/60 Bull Put Spread 1.141
NFLX Jun 12, 26 NFLX Jun 12th 80/85 Bull Put Spread 0.831
WFC May 29, 26 WFC May 29th 70/75 Bull Put Spread 0.632
ORCL Jun 12, 26 ORCL Jun 12th 140/145 Bull Put Spread —
ZS May 29, 26 ZS May 29th 175/180 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|
ZS May 29, 26 ZS May 29th 175/180 Bear Call Spread 1.254
CRM May 29, 26 CRM May 29th 155/160 Bull Put Spread 1.059
NOW Jun 5, 26 NOW Jun 5th 110/115 Bear Call Spread 1.020
AA May 29, 26 AA May 29th 50/55 Bull Put Spread 0.920
DAL May 29, 26 DAL May 29th 55/60 Bull Put Spread 0.829
HOOD Jun 12, 26 HOOD Jun 12th 60/65 Bull Put Spread 0.736
ORCL Jun 12, 26 ORCL Jun 12th 140/145 Bull Put Spread 0.702
NEM Jun 5, 26 NEM Jun 5th 95/100 Bull Put Spread 0.695
GLW Jun 12, 26 GLW Jun 12th 130/135 Bull Put Spread 0.612
C May 29, 26 C May 29th 112/117 Bull Put Spread 0.605
WFC May 29, 26 WFC May 29th 70/75 Bull Put Spread 0.519
C Jun 5, 26 C Jun 5th 110/115 Bull Put Spread 0.462
STZ May 29, 26 STZ May 29th 140/145 Bull Put Spread 0.455
NFLX Jun 12, 26 NFLX Jun 12th 80/85 Bull Put Spread 0.341
BA Jun 5, 26 BA Jun 5th 205/210 Bull Put Spread 0.312

Position Scorecard

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

SymbolTypeExpiryChanceCreditMax ProfitMax LossEVΘ ThetaVegaΓ GammaIVΘ/|Γ|Θ/|V|Return
CRM Bull Put May 29, 26 83.1%$57$57$443-$282.290-2.161-0.119259.3%19.211.06-22.8%
C Bull Put May 29, 26 78.3%$62$62$438-$471.922-3.176-0.834537.0%2.300.61-23.4%
AA Bull Put May 29, 26 87.3%$55$55$445-$91.821-1.979-1.549755.9%1.180.927.3%
WFC Bull Put May 29, 26 80.6%$50$50$450-$471.744-3.360-2.756732.4%0.630.52-21.0%
DAL Bull Put May 29, 26 87.7%$58$58$442-$41.496-1.804-1.311355.7%1.140.8327.6%
STZ Bull Put May 29, 26 63.3%$50$50$450-$1341.485-3.264-0.953729.6%1.560.45-185.0%
ZS Bear Call May 29, 26 85.2%$56$56$444-$181.361-1.0850.000073.5%—1.2525.0%
NOW Bear Call Jun 5, 26 86.3%$52$52$448-$162.056-2.016-0.298056.9%6.901.02-25.0%
NEM Bull Put Jun 5, 26 72.6%$70$70$430-$671.797-2.585-0.476848.7%3.770.70-75.7%
C Bull Put Jun 5, 26 80.8%$61$61$439-$351.459-3.160-0.774936.9%1.880.46-11.5%
BA Bull Put Jun 5, 26 70.3%$74$74$426-$750.925-2.965-0.476834.5%1.940.31-38.5%
HOOD Bull Put Jun 12, 26 80.0%$78$78$422-$221.566-2.127-0.536464.3%2.920.74-10.3%
NFLX Bull Put Jun 12, 26 78.6%$71$71$429-$361.288-3.775-1.549732.0%0.830.34-11.3%
ORCL Bull Put Jun 12, 26 84.0%$100$100$400$201.255-1.7870.000069.6%—0.7036.0%
GLW Bull Put Jun 12, 26 79.1%$76$76$424-$281.111-1.816-0.238467.5%4.660.61-4.6%
TOTAL / AVG 79.8% avg$970$970$6530-$54423.575-37.061-11.876250.2% avg1.9910.52-333.2%
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.