Portfolio Analysis — live-active-by-symbol-2026-05-11_14-01

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
TEAM2.683 2.683
NOW2.673 2.673
IREN2.259 2.259
ARM1.996 1.996
MRNA1.684 1.684
RDDT1.624 1.624
HOOD1.467 1.467
COIN1.466 1.466
BA1.445 1.445
ZS1.443 1.443
GLW1.286 1.286
UPS1.206 1.206
PLTR1.150 1.150
DAL1.072 1.072
NFLX0.924 0.924
BKNG0.890 0.890
CRWV0.879 0.879
JPM0.821 0.821
TOTAL1.4436.9813.21215.332 26.967

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
NFLX23.074 23.074
DAL11.307 11.307
TEAM8.783 8.783
BKNG7.888 7.888
IREN7.772 7.772
UPS7.727 7.727
MRNA6.853 6.853
JPM6.554 6.554
RDDT5.527 5.527
HOOD4.990 4.990
BA3.465 3.465
ARM2.668 2.668
COIN2.100 2.100
GLW1.314 1.314
CRWV-3.214 -3.214
ZS-3.347 -3.347
PLTR-5.459 -5.459
NOW-6.733 -6.733
TOTAL-3.3477.57634.61842.421 81.268

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
NFLX-1.550 -1.550
DAL-1.013 -1.013
UPS-0.924 -0.924
BKNG-0.715 -0.715
MRNA-0.685 -0.685
NOW-0.477 -0.477
HOOD-0.447 -0.447
IREN-0.298 -0.298
PLTR-0.238 -0.238
BA-0.119 -0.119
TEAM-0.119 -0.119
ARM0.000 0.000
COIN0.000 0.000
CRWV0.000 0.000
GLW0.000 0.000
JPM0.000 0.000
ZS0.000 0.000
RDDT0.477 0.477
TOTAL0.000-0.119-1.997-3.994 -6.109

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
JPM-3.474 -3.474
BA-3.308 -3.308
UPS-3.185 -3.185
NFLX-2.577 -2.577
DAL-2.378 -2.378
BKNG-2.351 -2.351
ARM-2.077 -2.077
NOW-1.869 -1.869
PLTR-1.831 -1.831
TEAM-1.778 -1.778
RDDT-1.766 -1.766
COIN-1.731 -1.731
HOOD-1.637 -1.637
IREN-1.580 -1.580
MRNA-1.568 -1.568
GLW-1.338 -1.338
CRWV-0.955 -0.955
ZS-0.823 -0.823
TOTAL-0.823-5.413-7.688-22.303 -36.227

Theta / |Gamma| Quality

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

SymbolExpiryPositionΘ / |Γ|
TEAM Jun 5, 26 TEAM Jun 5th 72/77 Bull Put Spread 22.510
BA Jun 18, 26 BA Jun 18th 205/210 Bull Put Spread 12.118
IREN Jun 18, 26 IREN Jun 18th 37/42 Bull Put Spread 7.580
NOW Jun 5, 26 NOW Jun 5th 110/115 Bear Call Spread 5.605
PLTR Jun 18, 26 PLTR Jun 18th 155/160 Bear Call Spread 4.824
RDDT Jun 5, 26 RDDT Jun 5th 140/145 Bull Put Spread 3.407
HOOD Jun 12, 26 HOOD Jun 12th 60/65 Bull Put Spread 3.282
MRNA Jun 18, 26 MRNA Jun 18th 35/40 Bull Put Spread 2.457
UPS Jun 18, 26 UPS Jun 18th 85/90 Bull Put Spread 1.305
BKNG Jun 18, 26 BKNG Jun 18th 145/150 Bull Put Spread 1.244
DAL Jun 18, 26 DAL Jun 18th 60/65 Bull Put Spread 1.058
NFLX Jun 12, 26 NFLX Jun 12th 80/85 Bull Put Spread 0.596
ARM Jun 18, 26 ARM Jun 18th 165/170 Bull Put Spread —
COIN Jun 18, 26 COIN Jun 18th 165/170 Bull Put Spread —
CRWV Jun 18, 26 CRWV Jun 18th 145/150 Bear Call Spread —
GLW Jun 18, 26 GLW Jun 18th 140/145 Bull Put Spread —
JPM Jun 12, 26 JPM Jun 12th 285/290 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 1.753
TEAM Jun 5, 26 TEAM Jun 5th 72/77 Bull Put Spread 1.510
NOW Jun 5, 26 NOW Jun 5th 110/115 Bear Call Spread 1.430
IREN Jun 18, 26 IREN Jun 18th 37/42 Bull Put Spread 1.430
MRNA Jun 18, 26 MRNA Jun 18th 35/40 Bull Put Spread 1.074
ARM Jun 18, 26 ARM Jun 18th 165/170 Bull Put Spread 0.961
GLW Jun 18, 26 GLW Jun 18th 140/145 Bull Put Spread 0.961
CRWV Jun 18, 26 CRWV Jun 18th 145/150 Bear Call Spread 0.921
RDDT Jun 5, 26 RDDT Jun 5th 140/145 Bull Put Spread 0.920
HOOD Jun 12, 26 HOOD Jun 12th 60/65 Bull Put Spread 0.896
COIN Jun 18, 26 COIN Jun 18th 165/170 Bull Put Spread 0.847
PLTR Jun 18, 26 PLTR Jun 18th 155/160 Bear Call Spread 0.628
DAL Jun 18, 26 DAL Jun 18th 60/65 Bull Put Spread 0.451
BA Jun 18, 26 BA Jun 18th 205/210 Bull Put Spread 0.437
UPS Jun 18, 26 UPS Jun 18th 85/90 Bull Put Spread 0.379
BKNG Jun 18, 26 BKNG Jun 18th 145/150 Bull Put Spread 0.379
NFLX Jun 12, 26 NFLX Jun 12th 80/85 Bull Put Spread 0.358
JPM Jun 12, 26 JPM Jun 12th 285/290 Bull Put Spread 0.236

Position Scorecard

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

SymbolTypeExpiryDTEChanceCreditMax ProfitMax LossEVΘ ThetaVegaΓ GammaIVΘ/|Γ|Θ/|V|ReturnLoss/Risk
ZS Bear Call May 29, 26 1779.3%$56$56$444-$481.443-0.8230.000092.3%—1.75-6.3%-0.8%
TEAM Bull Put Jun 5, 26 2477.1%$91$91$409-$242.683-1.778-0.119277.9%22.511.51-34.6%-7.7%
NOW Bear Call Jun 5, 26 2487.2%$52$52$448-$122.673-1.869-0.476862.4%5.611.43-15.4%-1.8%
RDDT Bull Put Jun 5, 26 2473.3%$77$77$423-$571.624-1.7660.476864.7%3.410.92-40.9%-7.4%
HOOD Bull Put Jun 12, 26 3188.7%$78$78$422$221.467-1.637-0.447068.3%3.280.9043.0%—
NFLX Bull Put Jun 12, 26 3156.1%$71$71$429-$1490.924-2.577-1.549731.1%0.600.36-138.7%-23.0%
JPM Bull Put Jun 12, 26 3167.9%$75$75$425-$860.821-3.4740.000027.3%—0.24-60.0%-10.6%
IREN Bull Put Jun 18, 26 3778.2%$74$74$426-$352.259-1.580-0.2980107.0%7.581.43-50.7%-8.8%
ARM Bull Put Jun 18, 26 3783.0%$79$79$421-$61.996-2.0770.000074.0%—0.96-20.3%-3.8%
MRNA Bull Put Jun 18, 26 3787.3%$56$56$444-$81.684-1.568-0.685588.6%2.461.07-13.4%-1.7%
COIN Bull Put Jun 18, 26 3784.6%$74$74$426-$31.466-1.7310.000076.6%—0.855.4%—
BA Bull Put Jun 18, 26 3785.4%$56$56$445-$181.445-3.308-0.119237.1%12.120.44-6.3%-0.8%
GLW Bull Put Jun 18, 26 3792.1%$76$76$424$371.286-1.3380.000084.7%—0.9648.0%—
UPS Bull Put Jun 18, 26 3798.0%$50$50$450$401.206-3.185-0.923934.3%1.300.384.0%—
PLTR Bear Call Jun 18, 26 3778.8%$67$67$433-$391.150-1.831-0.238450.0%4.820.63-17.9%-2.8%
DAL Bull Put Jun 18, 26 3775.2%$72$72$428-$521.072-2.378-1.013348.6%1.060.45-13.9%-2.3%
BKNG Bull Put Jun 18, 26 3766.5%$69$69$431-$990.890-2.351-0.715342.3%1.240.38-102.9%-16.5%
CRWV Bear Call Jun 18, 26 3781.3%$64$64$436-$300.879-0.9550.000081.8%—0.9210.9%—
TOTAL / AVG —80.0% avg$1237$1237$7764-$56426.967-36.227-6.109563.8% avg4.4115.57-409.9%-3.8%
Column guide — EV & Greeks
DTE
Days to expiration as of when this report was generated. Highlighted in amber when ≤ 21 — the target window to close or roll positions to avoid gamma risk and assignment complications near expiry.
Loss/Risk
Current loss expressed as a percentage of maximum possible loss (i.e. the capital at risk). Only shown for losing positions — blank for positions currently at a gain. Formula: (current P&L / max loss) × 100. Highlighted in red when ≤ −25%, which is the stop-loss close-out threshold. Unlike Return (which is % of max profit), this metric uses the same denominator as the actual risk taken.
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. Highlighted in green when ≥ 50%, the take-profit close-out threshold. Colour is diverging: green for positive return, red for negative.
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.