Portfolio Analysis — live-active-by-symbol-2026-05-06_14-00

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, 26Jun 18, 26Total
C2.1121.712 3.824
CRM2.534 2.534
NEM2.076 2.076
AA1.850 1.850
HOOD1.808 1.808
GLW1.772 1.772
ZS1.689 1.689
RDDT1.679 1.679
WFC1.645 1.645
BA1.594 1.594
NOW1.223 1.223
NFLX1.102 1.102
DAL1.015 1.015
BKNG0.959 0.959
JPM0.708 0.708
TEAM0.676 0.676
TOTAL9.8308.9603.6183.746 26.154

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, 26Jun 18, 26Total
NFLX16.770 16.770
C7.7336.792 14.526
WFC11.354 11.354
DAL9.145 9.145
AA8.434 8.434
HOOD6.894 6.894
NEM6.415 6.415
TEAM5.843 5.843
CRM4.702 4.702
BKNG4.674 4.674
BA4.564 4.564
RDDT4.319 4.319
GLW3.089 3.089
JPM2.984 2.984
ZS-2.698 -2.698
NOW-4.020 -4.020
TOTAL29.52623.91426.64816.907 96.995

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, 26Jun 18, 26Total
WFC-2.727 -2.727
C-0.983-0.745 -1.729
NFLX-1.729 -1.729
AA-1.416 -1.416
DAL-0.954 -0.954
TEAM-0.834 -0.834
HOOD-0.715 -0.715
NEM-0.477 -0.477
BKNG-0.358 -0.358
NOW-0.328 -0.328
JPM-0.238 -0.238
BA-0.119 -0.119
CRM-0.119 -0.119
ZS0.000 0.000
GLW0.238 0.238
RDDT0.238 0.238
TOTAL-5.245-2.265-2.682-1.073 -11.265

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, 26Jun 18, 26Total
C-3.108-3.225 -6.333
BA-3.461 -3.461
NFLX-3.427 -3.427
JPM-3.349 -3.349
WFC-2.967 -2.967
BKNG-2.787 -2.787
NEM-2.644 -2.644
DAL-2.445 -2.445
CRM-2.252 -2.252
GLW-2.196 -2.196
HOOD-2.103 -2.103
RDDT-1.956 -1.956
AA-1.774 -1.774
TEAM-1.340 -1.340
NOW-1.324 -1.324
ZS-1.030 -1.030
TOTAL-11.132-13.949-8.879-7.428 -41.388

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 21.257
BA Jun 5, 26 BA Jun 5th 205/210 Bull Put Spread 13.368
GLW Jun 18, 26 GLW Jun 18th 140/145 Bull Put Spread 7.433
RDDT Jun 5, 26 RDDT Jun 5th 140/145 Bull Put Spread 7.044
NEM Jun 5, 26 NEM Jun 5th 95/100 Bull Put Spread 4.354
NOW Jun 5, 26 NOW Jun 5th 110/115 Bear Call Spread 3.730
JPM Jun 12, 26 JPM Jun 12th 285/290 Bull Put Spread 2.971
BKNG Jun 18, 26 BKNG Jun 18th 145/150 Bull Put Spread 2.681
HOOD Jun 12, 26 HOOD Jun 12th 60/65 Bull Put Spread 2.528
C Jun 5, 26 C Jun 5th 110/115 Bull Put Spread 2.298
C May 29, 26 C May 29th 112/117 Bull Put Spread 2.147
AA May 29, 26 AA May 29th 50/55 Bull Put Spread 1.307
DAL Jun 18, 26 DAL Jun 18th 60/65 Bull Put Spread 1.064
TEAM Jun 5, 26 TEAM Jun 5th 72/77 Bull Put Spread 0.810
NFLX Jun 12, 26 NFLX Jun 12th 80/85 Bull Put Spread 0.637
WFC May 29, 26 WFC May 29th 70/75 Bull Put Spread 0.603
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 1.640
CRM May 29, 26 CRM May 29th 155/160 Bull Put Spread 1.125
AA May 29, 26 AA May 29th 50/55 Bull Put Spread 1.043
NOW Jun 5, 26 NOW Jun 5th 110/115 Bear Call Spread 0.923
HOOD Jun 12, 26 HOOD Jun 12th 60/65 Bull Put Spread 0.860
RDDT Jun 5, 26 RDDT Jun 5th 140/145 Bull Put Spread 0.859
GLW Jun 18, 26 GLW Jun 18th 140/145 Bull Put Spread 0.807
NEM Jun 5, 26 NEM Jun 5th 95/100 Bull Put Spread 0.785
C May 29, 26 C May 29th 112/117 Bull Put Spread 0.679
WFC May 29, 26 WFC May 29th 70/75 Bull Put Spread 0.554
C Jun 5, 26 C Jun 5th 110/115 Bull Put Spread 0.531
TEAM Jun 5, 26 TEAM Jun 5th 72/77 Bull Put Spread 0.504
BA Jun 5, 26 BA Jun 5th 205/210 Bull Put Spread 0.460
DAL Jun 18, 26 DAL Jun 18th 60/65 Bull Put Spread 0.415
BKNG Jun 18, 26 BKNG Jun 18th 145/150 Bull Put Spread 0.344
NFLX Jun 12, 26 NFLX Jun 12th 80/85 Bull Put Spread 0.321
JPM Jun 12, 26 JPM Jun 12th 285/290 Bull Put Spread 0.211

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 81.9%$57$57$443-$342.534-2.252-0.119257.6%21.261.13-43.0%
C Bull Put May 29, 26 84.7%$62$62$438-$152.112-3.108-0.983535.7%2.150.6818.6%
AA Bull Put May 29, 26 88.7%$55$55$445-$21.850-1.774-1.415658.4%1.311.0423.6%
ZS Bear Call May 29, 26 87.4%$56$56$444-$71.689-1.0300.000080.8%—1.6426.8%
WFC Bull Put May 29, 26 88.5%$50$50$450-$81.645-2.967-2.726931.8%0.600.5523.0%
NEM Bull Put Jun 5, 26 87.7%$70$70$430$92.076-2.644-0.476849.5%4.350.797.9%
C Bull Put Jun 5, 26 85.3%$61$61$439-$121.712-3.225-0.745135.5%2.300.5317.2%
RDDT Bull Put Jun 5, 26 78.9%$77$77$423-$281.679-1.9560.238464.3%7.040.86-16.9%
BA Bull Put Jun 5, 26 83.2%$74$74$426-$101.594-3.461-0.119233.3%13.370.4619.6%
NOW Bear Call Jun 5, 26 92.5%$52$52$448$151.223-1.324-0.327858.1%3.730.9242.3%
TEAM Bull Put Jun 5, 26 77.8%$91$91$409-$200.676-1.340-0.834578.2%0.810.5031.3%
HOOD Bull Put Jun 12, 26 84.2%$78$78$422-$11.808-2.103-0.715367.2%2.530.863.2%
NFLX Bull Put Jun 12, 26 67.7%$71$71$429-$911.102-3.427-1.728531.9%0.640.32-59.1%
JPM Bull Put Jun 12, 26 83.0%$75$75$425-$100.708-3.349-0.238427.6%2.970.2144.0%
GLW Bull Put Jun 18, 26 83.3%$76$76$424-$71.772-2.1960.238470.3%7.430.81-25.0%
DAL Bull Put Jun 18, 26 80.1%$72$72$428-$271.015-2.445-0.953747.8%1.060.416.9%
BKNG Bull Put Jun 18, 26 79.3%$69$69$431-$350.959-2.787-0.357641.1%2.680.342.2%
TOTAL / AVG 83.2% avg$1146$1146$7354-$28426.154-41.388-11.265351.1% avg2.3212.06122.6%
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.