Portfolio Analysis — live-active-by-symbol-2026-05-12_08-38

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
TEAM5.685 5.685
ZS3.564 3.564
GLW2.228 2.228
RDDT1.849 1.849
ARM1.798 1.798
IREN1.765 1.765
COIN1.684 1.684
BKNG1.532 1.532
HOOD1.489 1.489
NFLX1.443 1.443
UPS1.414 1.414
MRNA1.308 1.308
NOW1.224 1.224
DAL1.218 1.218
PLTR1.208 1.208
BA1.201 1.201
CRWV1.057 1.057
JPM1.043 1.043
TOTAL3.5648.7583.97516.413 32.709

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
NFLX18.182 18.182
DAL12.659 12.659
TEAM12.465 12.465
UPS11.307 11.307
BKNG7.634 7.634
IREN7.331 7.331
JPM7.293 7.293
RDDT6.729 6.729
HOOD5.959 5.959
MRNA5.368 5.368
BA4.019 4.019
ARM2.686 2.686
COIN2.649 2.649
GLW2.279 2.279
CRWV-2.586 -2.586
NOW-3.728 -3.728
ZS-4.487 -4.487
PLTR-5.180 -5.180
TOTAL-4.48715.46731.43448.167 90.581

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-1.788 -1.788
UPS-1.281 -1.281
DAL-1.192 -1.192
ARM-0.715 -0.715
HOOD-0.656 -0.656
IREN-0.596 -0.596
MRNA-0.596 -0.596
JPM-0.477 -0.477
PLTR-0.477 -0.477
NOW-0.447 -0.447
CRWV-0.238 -0.238
GLW-0.238 -0.238
RDDT-0.238 -0.238
TEAM-0.119 -0.119
COIN0.000 0.000
ZS0.000 0.000
BA0.119 0.119
BKNG0.477 0.477
TOTAL0.000-0.805-2.921-4.739 -8.464

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
UPS-3.673 -3.673
NFLX-3.542 -3.542
JPM-3.326 -3.326
BA-3.159 -3.159
BKNG-2.609 -2.609
DAL-2.485 -2.485
TEAM-2.320 -2.320
GLW-1.983 -1.983
ARM-1.921 -1.921
COIN-1.893 -1.893
PLTR-1.856 -1.856
RDDT-1.814 -1.814
HOOD-1.732 -1.732
IREN-1.394 -1.394
MRNA-1.318 -1.318
ZS-1.166 -1.166
NOW-1.131 -1.131
CRWV-0.940 -0.940
TOTAL-1.166-5.265-8.599-23.229 -38.260

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 47.693
BA Jun 18, 26 BA Jun 18th 205/210 Bull Put Spread 10.075
GLW Jun 18, 26 GLW Jun 18th 140/145 Bull Put Spread 9.346
RDDT Jun 5, 26 RDDT Jun 5th 140/145 Bull Put Spread 7.754
CRWV Jun 18, 26 CRWV Jun 18th 145/150 Bear Call Spread 4.432
BKNG Jun 18, 26 BKNG Jun 18th 145/150 Bull Put Spread 3.212
IREN Jun 18, 26 IREN Jun 18th 37/42 Bull Put Spread 2.962
NOW Jun 5, 26 NOW Jun 5th 110/115 Bear Call Spread 2.737
PLTR Jun 18, 26 PLTR Jun 18th 155/160 Bear Call Spread 2.533
ARM Jun 18, 26 ARM Jun 18th 165/170 Bull Put Spread 2.514
HOOD Jun 12, 26 HOOD Jun 12th 60/65 Bull Put Spread 2.271
MRNA Jun 18, 26 MRNA Jun 18th 35/40 Bull Put Spread 2.195
JPM Jun 12, 26 JPM Jun 12th 285/290 Bull Put Spread 2.186
UPS Jun 18, 26 UPS Jun 18th 85/90 Bull Put Spread 1.103
DAL Jun 18, 26 DAL Jun 18th 60/65 Bull Put Spread 1.022
NFLX Jun 12, 26 NFLX Jun 12th 80/85 Bull Put Spread 0.807
COIN Jun 18, 26 COIN Jun 18th 165/170 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 3.055
TEAM Jun 5, 26 TEAM Jun 5th 72/77 Bull Put Spread 2.451
IREN Jun 18, 26 IREN Jun 18th 37/42 Bull Put Spread 1.266
CRWV Jun 18, 26 CRWV Jun 18th 145/150 Bear Call Spread 1.124
GLW Jun 18, 26 GLW Jun 18th 140/145 Bull Put Spread 1.124
NOW Jun 5, 26 NOW Jun 5th 110/115 Bear Call Spread 1.082
RDDT Jun 5, 26 RDDT Jun 5th 140/145 Bull Put Spread 1.019
MRNA Jun 18, 26 MRNA Jun 18th 35/40 Bull Put Spread 0.993
ARM Jun 18, 26 ARM Jun 18th 165/170 Bull Put Spread 0.936
COIN Jun 18, 26 COIN Jun 18th 165/170 Bull Put Spread 0.889
HOOD Jun 12, 26 HOOD Jun 12th 60/65 Bull Put Spread 0.860
PLTR Jun 18, 26 PLTR Jun 18th 155/160 Bear Call Spread 0.651
BKNG Jun 18, 26 BKNG Jun 18th 145/150 Bull Put Spread 0.587
DAL Jun 18, 26 DAL Jun 18th 60/65 Bull Put Spread 0.490
NFLX Jun 12, 26 NFLX Jun 12th 80/85 Bull Put Spread 0.407
UPS Jun 18, 26 UPS Jun 18th 85/90 Bull Put Spread 0.385
BA Jun 18, 26 BA Jun 18th 205/210 Bull Put Spread 0.380
JPM Jun 12, 26 JPM Jun 12th 285/290 Bull Put Spread 0.313

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 1680.0%$56$56$444-$443.564-1.1660.000092.0%—3.06-62.5%-7.9%
TEAM Bull Put Jun 5, 26 2371.7%$91$91$409-$505.685-2.320-0.119280.2%47.692.45-152.8%-34.0%
RDDT Bull Put Jun 5, 26 2369.2%$77$77$423-$771.849-1.814-0.238461.2%7.751.02-75.3%-13.7%
NOW Bear Call Jun 5, 26 2389.6%$52$52$448-$01.224-1.131-0.447060.4%2.741.0851.9%—
HOOD Bull Put Jun 12, 26 3084.4%$78$78$422-$01.489-1.732-0.655766.3%2.270.8634.6%—
NFLX Bull Put Jun 12, 26 3068.7%$71$71$429-$861.443-3.542-1.788131.7%0.810.41-57.0%-9.4%
JPM Bull Put Jun 12, 26 3065.1%$75$75$425-$991.043-3.326-0.476827.6%2.190.31-100.0%-17.6%
GLW Bull Put Jun 18, 26 3690.0%$76$76$424$262.228-1.983-0.238480.8%9.351.122.6%—
ARM Bull Put Jun 18, 26 3682.0%$79$79$421-$111.798-1.921-0.715375.4%2.510.94-20.3%-3.8%
IREN Bull Put Jun 18, 26 3680.1%$74$74$426-$251.765-1.394-0.5960107.6%2.961.27-29.7%-5.2%
COIN Bull Put Jun 18, 26 3681.3%$74$74$426-$201.684-1.8930.000074.3%—0.89-21.6%-3.8%
BKNG Bull Put Jun 18, 26 3669.1%$69$69$431-$851.532-2.6090.476845.1%3.210.59-124.6%-20.0%
UPS Bull Put Jun 18, 26 3682.0%$50$50$450-$401.414-3.673-1.281533.4%1.100.38-52.0%-5.8%
MRNA Bull Put Jun 18, 26 3687.5%$56$56$444-$71.308-1.318-0.596089.2%2.200.9919.6%—
DAL Bull Put Jun 18, 26 3674.7%$72$72$428-$551.218-2.485-1.192147.8%1.020.49-31.3%-5.3%
PLTR Bear Call Jun 18, 26 3680.4%$67$67$433-$311.208-1.856-0.476850.3%2.530.65-6.7%-1.0%
BA Bull Put Jun 18, 26 3682.0%$56$56$445-$351.201-3.1590.119236.7%10.080.38-20.7%-2.6%
CRWV Bear Call Jun 18, 26 3687.3%$64$64$436$11.057-0.940-0.238485.5%4.431.1237.5%—
TOTAL / AVG —79.2% avg$1237$1237$7764-$63832.709-38.260-8.463963.6% avg3.8618.01-608.2%-5.9%
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.