Portfolio Analysis — live-active-by-symbol-2026-05-05_13-54

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
C1.7271.342 3.069
CRM2.466 2.466
NOW2.174 2.174
TEAM2.074 2.074
STZ2.044 2.044
NEM1.899 1.899
ORCL1.837 1.837
RDDT1.800 1.800
WFC1.772 1.772
BA1.723 1.723
AA1.702 1.702
HOOD1.528 1.528
ZS1.463 1.463
JPM1.168 1.168
NFLX1.066 1.066
GLW0.863 0.863
TOTAL11.17411.0136.462 28.648

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
NFLX17.450 17.450
STZ13.288 13.288
WFC13.079 13.079
C6.8095.906 12.715
NEM9.469 9.469
AA8.595 8.595
HOOD7.537 7.537
TEAM6.435 6.435
BA6.168 6.168
JPM4.667 4.667
CRM3.690 3.690
RDDT3.577 3.577
GLW3.011 3.011
ORCL2.655 2.655
ZS-2.826 -2.826
NOW-6.912 -6.912
TOTAL42.63424.64335.320 102.597

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-2.667 -2.667
C-0.864-0.536 -1.401
AA-1.401 -1.401
NFLX-1.371 -1.371
STZ-1.073 -1.073
HOOD-0.596 -0.596
BA-0.477 -0.477
GLW-0.477 -0.477
NEM-0.477 -0.477
NOW-0.477 -0.477
CRM-0.358 -0.358
JPM-0.238 -0.238
ORCL-0.238 -0.238
RDDT-0.238 -0.238
TEAM-0.238 -0.238
ZS-0.119 -0.119
TOTAL-6.482-2.444-2.921 -11.846

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-2.772-2.747 -5.519
JPM-4.329 -4.329
STZ-3.764 -3.764
BA-3.469 -3.469
NFLX-3.343 -3.343
WFC-3.218 -3.218
NEM-2.706 -2.706
NOW-2.155 -2.155
HOOD-2.121 -2.121
CRM-2.120 -2.120
ORCL-1.972 -1.972
RDDT-1.892 -1.892
TEAM-1.822 -1.822
AA-1.779 -1.779
GLW-1.602 -1.602
ZS-1.058 -1.058
TOTAL-14.711-14.790-13.368 -42.869

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 12.276
TEAM Jun 5, 26 TEAM Jun 5th 72/77 Bull Put Spread 8.700
ORCL Jun 12, 26 ORCL Jun 12th 140/145 Bull Put Spread 7.704
RDDT Jun 5, 26 RDDT Jun 5th 140/145 Bull Put Spread 7.550
CRM May 29, 26 CRM May 29th 155/160 Bull Put Spread 6.896
JPM Jun 12, 26 JPM Jun 12th 285/290 Bull Put Spread 4.898
NOW Jun 5, 26 NOW Jun 5th 110/115 Bear Call Spread 4.559
NEM Jun 5, 26 NEM Jun 5th 95/100 Bull Put Spread 3.982
BA Jun 5, 26 BA Jun 5th 205/210 Bull Put Spread 3.614
HOOD Jun 12, 26 HOOD Jun 12th 60/65 Bull Put Spread 2.563
C Jun 5, 26 C Jun 5th 110/115 Bull Put Spread 2.502
C May 29, 26 C May 29th 112/117 Bull Put Spread 1.998
STZ May 29, 26 STZ May 29th 140/145 Bull Put Spread 1.906
GLW Jun 12, 26 GLW Jun 12th 130/135 Bull Put Spread 1.811
AA May 29, 26 AA May 29th 50/55 Bull Put Spread 1.215
NFLX Jun 12, 26 NFLX Jun 12th 80/85 Bull Put Spread 0.778
WFC May 29, 26 WFC May 29th 70/75 Bull Put Spread 0.664

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 1.383
CRM May 29, 26 CRM May 29th 155/160 Bull Put Spread 1.163
TEAM Jun 5, 26 TEAM Jun 5th 72/77 Bull Put Spread 1.139
NOW Jun 5, 26 NOW Jun 5th 110/115 Bear Call Spread 1.009
AA May 29, 26 AA May 29th 50/55 Bull Put Spread 0.957
RDDT Jun 5, 26 RDDT Jun 5th 140/145 Bull Put Spread 0.951
ORCL Jun 12, 26 ORCL Jun 12th 140/145 Bull Put Spread 0.931
HOOD Jun 12, 26 HOOD Jun 12th 60/65 Bull Put Spread 0.720
NEM Jun 5, 26 NEM Jun 5th 95/100 Bull Put Spread 0.702
C May 29, 26 C May 29th 112/117 Bull Put Spread 0.623
WFC May 29, 26 WFC May 29th 70/75 Bull Put Spread 0.551
STZ May 29, 26 STZ May 29th 140/145 Bull Put Spread 0.543
GLW Jun 12, 26 GLW Jun 12th 130/135 Bull Put Spread 0.539
BA Jun 5, 26 BA Jun 5th 205/210 Bull Put Spread 0.497
C Jun 5, 26 C Jun 5th 110/115 Bull Put Spread 0.489
NFLX Jun 12, 26 NFLX Jun 12th 80/85 Bull Put Spread 0.319
JPM Jun 12, 26 JPM Jun 12th 285/290 Bull Put Spread 0.270

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 85.8%$57$57$443-$142.466-2.120-0.357660.9%6.901.16-17.5%
STZ Bull Put May 29, 26 69.2%$50$50$450-$1042.044-3.764-1.072930.3%1.910.54-140.0%
WFC Bull Put May 29, 26 85.9%$50$50$450-$201.772-3.218-2.667332.3%0.660.552.0%
C Bull Put May 29, 26 85.0%$62$62$438-$131.727-2.772-0.864337.4%2.000.6225.8%
AA Bull Put May 29, 26 82.7%$55$55$445-$311.702-1.779-1.400758.2%1.210.9620.9%
ZS Bear Call May 29, 26 85.7%$56$56$444-$161.463-1.058-0.119276.3%12.281.3824.1%
NOW Bear Call Jun 5, 26 87.0%$52$52$448-$132.174-2.155-0.476854.2%4.561.01-15.4%
TEAM Bull Put Jun 5, 26 84.5%$91$91$409$132.074-1.822-0.238477.2%8.701.14-1.6%
NEM Bull Put Jun 5, 26 75.2%$70$70$430-$541.899-2.706-0.476847.9%3.980.70-51.4%
RDDT Bull Put Jun 5, 26 81.5%$77$77$423-$161.800-1.892-0.238469.5%7.550.95-7.1%
BA Bull Put Jun 5, 26 75.4%$74$74$426-$491.723-3.469-0.476835.6%3.610.50-41.2%
C Bull Put Jun 5, 26 85.5%$61$61$439-$121.342-2.747-0.536438.3%2.500.4923.8%
ORCL Bull Put Jun 12, 26 85.2%$100$100$400$261.837-1.972-0.238474.1%7.700.9323.5%
HOOD Bull Put Jun 12, 26 80.6%$78$78$422-$191.528-2.121-0.596062.4%2.560.723.9%
JPM Bull Put Jun 12, 26 78.0%$75$75$425-$351.168-4.329-0.238426.9%4.900.27-10.0%
NFLX Bull Put Jun 12, 26 65.7%$71$71$429-$1011.066-3.343-1.370932.0%0.780.32-75.3%
GLW Bull Put Jun 12, 26 80.5%$76$76$424-$220.863-1.602-0.476870.6%1.810.5416.4%
TOTAL / AVG 80.8% avg$1155$1155$7345-$47928.648-42.869-11.846452.0% avg2.4212.78-219.3%
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.