Portfolio Analysis — live-active-by-symbol-2026-05-25_08-40

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.

SymbolJun 12, 26Jun 18, 26Jun 26, 26Total
SHOP2.0321.820 3.852
NFLX2.464 2.464
MRNA2.210 2.210
BA2.168 2.168
COIN2.111 2.111
CRWV1.929 1.929
BABA1.892 1.892
XYZ1.891 1.891
UBER1.836 1.836
GM1.788 1.788
CRCL1.776 1.776
PLTR1.772 1.772
BX1.742 1.742
UAL1.642 1.642
FCX1.630 1.630
AMZN1.592 1.592
IREN1.567 1.567
MSFT1.475 1.475
OKLO1.187 1.187
TOTAL2.46420.45813.601 36.523

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.

SymbolJun 12, 26Jun 18, 26Jun 26, 26Total
UBER22.563 22.563
NFLX17.403 17.403
XYZ14.724 14.724
FCX11.183 11.183
MRNA11.000 11.000
BX9.131 9.131
BABA9.112 9.112
BA8.439 8.439
GM7.929 7.929
COIN5.324 5.324
CRWV4.740 4.740
IREN4.712 4.712
UAL4.434 4.434
CRCL3.238 3.238
AMZN2.961 2.961
MSFT2.871 2.871
SHOP-8.1327.148 -0.984
PLTR-5.211 -5.211
OKLO-9.118 -9.118
TOTAL17.40363.15043.898 124.451

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).

SymbolJun 12, 26Jun 18, 26Jun 26, 26Total
NFLX-3.010 -3.010
UBER-2.503 -2.503
XYZ-2.056 -2.056
MRNA-1.699 -1.699
GM-1.356 -1.356
FCX-1.341 -1.341
SHOP-0.358-0.477 -0.834
BA-0.715 -0.715
BX-0.715 -0.715
BABA-0.596 -0.596
IREN-0.417 -0.417
CRWV-0.358 -0.358
PLTR-0.358 -0.358
UAL-0.298 -0.298
OKLO-0.238 -0.238
AMZN-0.119 -0.119
MSFT0.000 0.000
CRCL0.119 0.119
COIN0.477 0.477
TOTAL-3.010-8.062-4.947 -16.019

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.

SymbolJun 12, 26Jun 18, 26Jun 26, 26Total
SHOP-1.766-2.356 -4.122
MSFT-3.902 -3.902
NFLX-3.346 -3.346
BABA-3.214 -3.214
XYZ-3.204 -3.204
BA-3.107 -3.107
UBER-2.838 -2.838
AMZN-2.790 -2.790
BX-2.546 -2.546
FCX-2.320 -2.320
GM-2.277 -2.277
PLTR-1.923 -1.923
COIN-1.691 -1.691
MRNA-1.644 -1.644
CRWV-1.587 -1.587
CRCL-1.491 -1.491
UAL-1.432 -1.432
IREN-0.927 -0.927
OKLO-0.714 -0.714
TOTAL-3.346-22.941-18.786 -45.074

Theta / |Gamma| Quality

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

SymbolExpiryPositionΘ / |Γ|
CRCL Jun 26, 26 CRCL Jun 26th 80/85 Bull Put Spread 14.899
AMZN Jun 18, 26 AMZN Jun 18th 235/240 Bull Put Spread 13.355
SHOP Jun 18, 26 SHOP Jun 18th 115/120 Bear Call Spread 5.681
UAL Jun 18, 26 UAL Jun 18th 77.5/82.5 Bull Put Spread 5.509
CRWV Jun 26, 26 CRWV Jun 26th 80/85 Bull Put Spread 5.394
OKLO Jun 26, 26 OKLO Jun 26th 74/79 Bear Call Spread 4.980
PLTR Jun 18, 26 PLTR Jun 18th 155/160 Bear Call Spread 4.954
COIN Jun 18, 26 COIN Jun 18th 165/170 Bull Put Spread 4.428
SHOP Jun 26, 26 SHOP Jun 26th 85/90 Bull Put Spread 3.817
IREN Jun 18, 26 IREN Jun 18th 37/42 Bull Put Spread 3.755
BABA Jun 26, 26 BABA Jun 26th 115/120 Bull Put Spread 3.175
BA Jun 18, 26 BA Jun 18th 205/210 Bull Put Spread 3.030
BX Jun 18, 26 BX Jun 18th 105/110 Bull Put Spread 2.435
GM Jun 18, 26 GM Jun 18th 65/70 Bull Put Spread 1.318
MRNA Jun 18, 26 MRNA Jun 18th 35/40 Bull Put Spread 1.301
FCX Jun 26, 26 FCX Jun 26th 50/55 Bull Put Spread 1.216
XYZ Jun 26, 26 XYZ Jun 26th 55/62 Bull Put Spread 0.920
NFLX Jun 12, 26 NFLX Jun 12th 80/85 Bull Put Spread 0.819
UBER Jun 18, 26 UBER Jun 18th 65/70 Bull Put Spread 0.733
MSFT Jun 26, 26 MSFT Jun 26th 380/385 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|
IREN Jun 18, 26 IREN Jun 18th 37/42 Bull Put Spread 1.691
OKLO Jun 26, 26 OKLO Jun 26th 74/79 Bear Call Spread 1.663
MRNA Jun 18, 26 MRNA Jun 18th 35/40 Bull Put Spread 1.344
COIN Jun 18, 26 COIN Jun 18th 165/170 Bull Put Spread 1.249
CRWV Jun 26, 26 CRWV Jun 26th 80/85 Bull Put Spread 1.215
CRCL Jun 26, 26 CRCL Jun 26th 80/85 Bull Put Spread 1.192
SHOP Jun 18, 26 SHOP Jun 18th 115/120 Bear Call Spread 1.150
UAL Jun 18, 26 UAL Jun 18th 77.5/82.5 Bull Put Spread 1.147
PLTR Jun 18, 26 PLTR Jun 18th 155/160 Bear Call Spread 0.921
GM Jun 18, 26 GM Jun 18th 65/70 Bull Put Spread 0.785
SHOP Jun 26, 26 SHOP Jun 26th 85/90 Bull Put Spread 0.773
NFLX Jun 12, 26 NFLX Jun 12th 80/85 Bull Put Spread 0.736
FCX Jun 26, 26 FCX Jun 26th 50/55 Bull Put Spread 0.703
BA Jun 18, 26 BA Jun 18th 205/210 Bull Put Spread 0.698
BX Jun 18, 26 BX Jun 18th 105/110 Bull Put Spread 0.684
UBER Jun 18, 26 UBER Jun 18th 65/70 Bull Put Spread 0.647
XYZ Jun 26, 26 XYZ Jun 26th 55/62 Bull Put Spread 0.590
BABA Jun 26, 26 BABA Jun 26th 115/120 Bull Put Spread 0.589
AMZN Jun 18, 26 AMZN Jun 18th 235/240 Bull Put Spread 0.571
MSFT Jun 26, 26 MSFT Jun 26th 380/385 Bull Put Spread 0.378

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
NFLX Bull Put Jun 12, 26 1775.8%$71$71$429-$502.464-3.346-3.010033.1%0.820.74-2.8%-0.5%
MRNA Bull Put Jun 18, 26 2382.3%$56$56$444-$322.210-1.644-1.698774.1%1.301.34-5.4%-0.7%
BA Bull Put Jun 18, 26 2369.0%$56$56$445-$1002.168-3.107-0.715336.0%3.030.70-162.2%-20.2%
COIN Bull Put Jun 18, 26 2369.3%$74$74$426-$802.111-1.6910.476867.9%4.431.25-99.3%-17.3%
SHOP Bear Call Jun 18, 26 2380.4%$74$74$426-$242.032-1.766-0.357655.7%5.681.15-6.8%-1.2%
UBER Bull Put Jun 18, 26 2364.4%$66$66$434-$1121.836-2.838-2.503437.7%0.730.65-90.9%-13.8%
GM Bull Put Jun 18, 26 2389.2%$53$53$448-$21.788-2.277-1.356043.5%1.320.7829.5%—
PLTR Bear Call Jun 18, 26 2385.5%$67$67$433-$61.772-1.923-0.357647.9%4.950.9225.4%—
BX Bull Put Jun 18, 26 2376.6%$72$72$428-$451.742-2.546-0.715344.6%2.440.68-12.5%-2.1%
UAL Bull Put Jun 18, 26 2386.1%$76$76$424$61.642-1.432-0.298075.0%5.511.1539.5%—
AMZN Bull Put Jun 18, 26 2389.1%$54$54$446-$11.592-2.790-0.119234.0%13.350.5734.3%—
IREN Bull Put Jun 18, 26 2387.9%$74$74$426$131.567-0.927-0.4172118.2%3.751.6943.9%—
CRWV Bull Put Jun 26, 26 3180.6%$69$69$431-$281.929-1.587-0.357689.2%5.391.22-31.9%-5.1%
BABA Bull Put Jun 26, 26 3178.6%$70$70$430-$371.892-3.214-0.596040.8%3.170.59-50.0%-8.1%
XYZ Bull Put Jun 26, 26 3178.1%$89$89$611-$641.891-3.204-2.056449.3%0.920.590.6%—
SHOP Bull Put Jun 26, 26 3180.2%$80$80$420-$191.820-2.356-0.476855.8%3.820.77-0.6%-0.1%
CRCL Bull Put Jun 26, 26 3185.6%$62$62$438-$101.776-1.4910.119286.2%14.901.1912.1%—
FCX Bull Put Jun 26, 26 3180.3%$70$70$430-$281.630-2.320-1.341152.9%1.220.702.9%—
MSFT Bull Put Jun 26, 26 3183.2%$68$68$433-$161.475-3.9020.000029.9%—0.384.4%—
OKLO Bear Call Jun 26, 26 3167.5%$68$68$432-$951.187-0.714-0.238491.5%4.981.66-94.8%-14.9%
TOTAL / AVG —79.5% avg$1368$1368$8833-$72936.523-45.074-16.018758.2% avg2.2818.73-364.7%-2.7%
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.