Portfolio Analysis — live-active-by-symbol-2026-05-05_08-28

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
C1.8731.410 3.283
ORCL2.828 2.828
CRM2.455 2.455
DAL2.428 2.428
RDDT2.150 2.150
ZS2.138 2.138
NEM2.127 2.127
AA1.956 1.956
WFC1.834 1.834
TEAM1.742 1.742
STZ1.597 1.597
GLW1.531 1.531
HOOD1.284 1.284
NOW1.100 1.100
NFLX0.990 0.990
BA0.810 0.810
TOTAL14.2819.3386.633 30.252

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
NFLX14.948 14.948
C7.8086.543 14.351
WFC14.290 14.290
STZ12.608 12.608
NEM9.227 9.227
AA8.624 8.624
DAL8.564 8.564
HOOD6.823 6.823
TEAM6.290 6.290
BA5.355 5.355
CRM4.241 4.241
RDDT3.953 3.953
ORCL3.617 3.617
GLW3.393 3.393
ZS-3.410 -3.410
NOW-4.314 -4.314
TOTAL52.72527.05428.780 108.558

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-2.727 -2.727
NFLX-1.788 -1.788
C-0.954-0.656 -1.609
AA-1.311 -1.311
DAL-1.162 -1.162
STZ-1.073 -1.073
HOOD-0.775 -0.775
NEM-0.715 -0.715
BA-0.477 -0.477
NOW-0.417 -0.417
CRM-0.358 -0.358
TEAM-0.119 -0.119
GLW0.000 0.000
ORCL0.000 0.000
RDDT0.000 0.000
ZS0.119 0.119
TOTAL-7.465-2.384-2.563 -12.413

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-2.957-2.921 -5.877
STZ-3.536 -3.536
NFLX-3.464 -3.464
WFC-3.317 -3.317
NEM-2.922 -2.922
BA-2.874 -2.874
ORCL-2.536 -2.536
CRM-2.275 -2.275
DAL-2.160 -2.160
RDDT-2.117 -2.117
GLW-1.994 -1.994
HOOD-1.975 -1.975
AA-1.873 -1.873
TEAM-1.757 -1.757
NOW-1.372 -1.372
ZS-1.226 -1.226
TOTAL-17.343-13.963-9.968 -41.274

Theta / |Gamma| Quality

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

SymbolExpiryPositionΘ / |Γ|
ZS May 29, 26 ZS May 29th 175/180 Bear Call Spread 17.938
TEAM Jun 5, 26 TEAM Jun 5th 72/77 Bull Put Spread 14.614
CRM May 29, 26 CRM May 29th 155/160 Bull Put Spread 6.866
NEM Jun 5, 26 NEM Jun 5th 95/100 Bull Put Spread 2.973
NOW Jun 5, 26 NOW Jun 5th 110/115 Bear Call Spread 2.636
C Jun 5, 26 C Jun 5th 110/115 Bull Put Spread 2.151
DAL May 29, 26 DAL May 29th 55/60 Bull Put Spread 2.089
C May 29, 26 C May 29th 112/117 Bull Put Spread 1.964
BA Jun 5, 26 BA Jun 5th 205/210 Bull Put Spread 1.698
HOOD Jun 12, 26 HOOD Jun 12th 60/65 Bull Put Spread 1.657
AA May 29, 26 AA May 29th 50/55 Bull Put Spread 1.491
STZ May 29, 26 STZ May 29th 140/145 Bull Put Spread 1.489
WFC May 29, 26 WFC May 29th 70/75 Bull Put Spread 0.672
NFLX Jun 12, 26 NFLX Jun 12th 80/85 Bull Put Spread 0.553
GLW Jun 12, 26 GLW Jun 12th 130/135 Bull Put Spread —
ORCL Jun 12, 26 ORCL Jun 12th 140/145 Bull Put Spread —
RDDT Jun 5, 26 RDDT Jun 5th 140/145 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|
ZS May 29, 26 ZS May 29th 175/180 Bear Call Spread 1.745
DAL May 29, 26 DAL May 29th 55/60 Bull Put Spread 1.124
ORCL Jun 12, 26 ORCL Jun 12th 140/145 Bull Put Spread 1.115
CRM May 29, 26 CRM May 29th 155/160 Bull Put Spread 1.079
AA May 29, 26 AA May 29th 50/55 Bull Put Spread 1.044
RDDT Jun 5, 26 RDDT Jun 5th 140/145 Bull Put Spread 1.015
TEAM Jun 5, 26 TEAM Jun 5th 72/77 Bull Put Spread 0.991
NOW Jun 5, 26 NOW Jun 5th 110/115 Bear Call Spread 0.801
GLW Jun 12, 26 GLW Jun 12th 130/135 Bull Put Spread 0.768
NEM Jun 5, 26 NEM Jun 5th 95/100 Bull Put Spread 0.728
HOOD Jun 12, 26 HOOD Jun 12th 60/65 Bull Put Spread 0.650
C May 29, 26 C May 29th 112/117 Bull Put Spread 0.633
WFC May 29, 26 WFC May 29th 70/75 Bull Put Spread 0.553
C Jun 5, 26 C Jun 5th 110/115 Bull Put Spread 0.483
STZ May 29, 26 STZ May 29th 140/145 Bull Put Spread 0.452
NFLX Jun 12, 26 NFLX Jun 12th 80/85 Bull Put Spread 0.286
BA Jun 5, 26 BA Jun 5th 205/210 Bull Put Spread 0.282

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 83.7%$57$57$443-$242.455-2.275-0.357657.3%6.871.08-28.9%
DAL Bull Put May 29, 26 93.6%$58$58$442$262.428-2.160-1.162356.1%2.091.1213.8%
ZS Bear Call May 29, 26 85.0%$56$56$444-$192.138-1.2260.119280.7%17.941.74-7.1%
AA Bull Put May 29, 26 84.8%$55$55$445-$211.956-1.873-1.311358.6%1.491.0416.4%
C Bull Put May 29, 26 83.8%$62$62$438-$191.873-2.957-0.953737.5%1.960.639.7%
WFC Bull Put May 29, 26 84.1%$50$50$450-$291.834-3.317-2.726932.6%0.670.55-13.0%
STZ Bull Put May 29, 26 69.7%$50$50$450-$1011.597-3.536-1.072930.2%1.490.45-115.0%
RDDT Bull Put Jun 5, 26 82.7%$77$77$423-$92.150-2.1170.000067.1%—1.02-20.1%
NEM Bull Put Jun 5, 26 77.9%$70$70$430-$402.127-2.922-0.715347.0%2.970.73-44.3%
TEAM Bull Put Jun 5, 26 82.4%$91$91$409$31.742-1.757-0.119274.5%14.610.999.3%
C Bull Put Jun 5, 26 84.8%$61$61$439-$151.410-2.921-0.655737.5%2.150.4814.8%
NOW Bear Call Jun 5, 26 88.2%$52$52$448-$71.100-1.372-0.417255.8%2.640.8037.5%
BA Bull Put Jun 5, 26 75.9%$74$74$426-$470.810-2.874-0.476835.1%1.700.28-1.4%
ORCL Bull Put Jun 12, 26 84.5%$100$100$400$222.828-2.5360.000074.2%—1.12-20.0%
GLW Bull Put Jun 12, 26 82.4%$76$76$424-$121.531-1.9940.000067.7%—0.77-5.3%
HOOD Bull Put Jun 12, 26 81.2%$78$78$422-$161.284-1.975-0.774961.9%1.660.6518.6%
NFLX Bull Put Jun 12, 26 69.5%$71$71$429-$810.990-3.464-1.788131.6%0.550.29-32.4%
TOTAL / AVG 82.0% avg$1138$1138$7362-$39030.252-41.274-12.412753.3% avg2.4413.75-167.5%
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.