Portfolio Analysis — live-active-by-symbol-2026-05-27_14-07

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, 26Jul 2, 26Total
SHOP2.0041.479 3.484
NFLX2.997 2.997
CRCL2.354 2.354
NBIS2.250 2.250
BA2.115 2.115
BABA2.034 2.034
XYZ2.027 2.027
CRWV2.003 2.003
FCX1.831 1.831
BX1.803 1.803
MRNA1.748 1.748
NVDA1.299 1.299
COIN1.292 1.292
MSFT1.177 1.177
NEM1.045 1.045
SBUX1.010 1.010
NOW-1.634 -1.634
TOTAL2.9978.96212.9063.969 28.834

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, 26Jul 2, 26Total
NFLX22.617 22.617
BABA11.026 11.026
XYZ9.729 9.729
BX9.404 9.404
FCX9.337 9.337
MRNA8.415 8.415
COIN7.155 7.155
BA6.168 6.168
CRCL5.797 5.797
NEM5.286 5.286
CRWV4.944 4.944
NVDA4.053 4.053
MSFT3.122 3.122
NBIS1.951 1.951
NOW-0.208 -0.208
SHOP-9.8864.849 -5.037
SBUX-9.800 -9.800
TOTAL22.61721.25648.8051.281 93.959

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, 26Jul 2, 26Total
NFLX-3.770 -3.770
MRNA-1.535 -1.535
XYZ-1.475 -1.475
FCX-1.267 -1.267
SBUX-1.252 -1.252
BX-0.954 -0.954
SHOP-0.477-0.477 -0.954
BABA-0.715 -0.715
NBIS-0.715 -0.715
NVDA-0.596 -0.596
COIN-0.477 -0.477
BA-0.358 -0.358
NEM-0.298 -0.298
CRCL-0.238 -0.238
MSFT-0.238 -0.238
NOW-0.179 -0.179
CRWV0.119 0.119
TOTAL-3.770-3.800-4.292-3.040 -14.901

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, 26Jul 2, 26Total
MSFT-3.692 -3.692
NFLX-3.591 -3.591
SHOP-1.590-1.907 -3.497
BABA-3.435 -3.435
BA-3.232 -3.232
SBUX-2.972 -2.972
NVDA-2.907 -2.907
XYZ-2.786 -2.786
BX-2.530 -2.530
FCX-2.235 -2.235
NEM-1.988 -1.988
CRCL-1.833 -1.833
NBIS-1.551 -1.551
CRWV-1.527 -1.527
MRNA-1.312 -1.312
COIN-0.986 -0.986
NOW0.082 0.082
TOTAL-3.591-9.649-17.414-9.336 -39.990

Theta / |Gamma| Quality

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

SymbolExpiryPositionΘ / |Γ|
CRWV Jun 26, 26 CRWV Jun 26th 80/85 Bull Put Spread 16.802
CRCL Jun 26, 26 CRCL Jun 26th 80/85 Bull Put Spread 9.874
BA Jun 18, 26 BA Jun 18th 205/210 Bull Put Spread 5.914
MSFT Jun 26, 26 MSFT Jun 26th 380/385 Bull Put Spread 4.937
SHOP Jun 18, 26 SHOP Jun 18th 115/120 Bear Call Spread 4.203
NEM Jul 2, 26 NEM Jul 2nd 90/94 Bull Put Spread 3.505
NBIS Jul 2, 26 NBIS Jul 2nd 145/150 Bull Put Spread 3.146
SHOP Jun 26, 26 SHOP Jun 26th 85/90 Bull Put Spread 3.103
BABA Jun 26, 26 BABA Jun 26th 115/120 Bull Put Spread 2.844
COIN Jun 18, 26 COIN Jun 18th 165/170 Bull Put Spread 2.710
NVDA Jul 2, 26 NVDA Jul 2nd 185/190 Bull Put Spread 2.180
BX Jun 18, 26 BX Jun 18th 105/110 Bull Put Spread 1.891
FCX Jun 26, 26 FCX Jun 26th 50/55 Bull Put Spread 1.446
XYZ Jun 26, 26 XYZ Jun 26th 55/62 Bull Put Spread 1.374
MRNA Jun 18, 26 MRNA Jun 18th 35/40 Bull Put Spread 1.139
SBUX Jul 2, 26 SBUX Jul 2nd 110/115 Bear Call Spread 0.807
NFLX Jun 12, 26 NFLX Jun 12th 80/85 Bull Put Spread 0.795
NOW Jul 2, 26 NOW Jul 2nd 80/85 Bull Put Spread -9.139

Theta / |Vega| Quality

Daily time decay collected per unit of volatility exposure. Higher = better compensated for a vol spike. Sorted best → worst.

SymbolExpiryPositionΘ / |V|
NBIS Jul 2, 26 NBIS Jul 2nd 145/150 Bull Put Spread 1.450
MRNA Jun 18, 26 MRNA Jun 18th 35/40 Bull Put Spread 1.332
CRWV Jun 26, 26 CRWV Jun 26th 80/85 Bull Put Spread 1.312
COIN Jun 18, 26 COIN Jun 18th 165/170 Bull Put Spread 1.311
CRCL Jun 26, 26 CRCL Jun 26th 80/85 Bull Put Spread 1.284
SHOP Jun 18, 26 SHOP Jun 18th 115/120 Bear Call Spread 1.261
NFLX Jun 12, 26 NFLX Jun 12th 80/85 Bull Put Spread 0.835
FCX Jun 26, 26 FCX Jun 26th 50/55 Bull Put Spread 0.819
SHOP Jun 26, 26 SHOP Jun 26th 85/90 Bull Put Spread 0.776
XYZ Jun 26, 26 XYZ Jun 26th 55/62 Bull Put Spread 0.728
BX Jun 18, 26 BX Jun 18th 105/110 Bull Put Spread 0.713
BA Jun 18, 26 BA Jun 18th 205/210 Bull Put Spread 0.654
BABA Jun 26, 26 BABA Jun 26th 115/120 Bull Put Spread 0.592
NEM Jul 2, 26 NEM Jul 2nd 90/94 Bull Put Spread 0.525
NVDA Jul 2, 26 NVDA Jul 2nd 185/190 Bull Put Spread 0.447
SBUX Jul 2, 26 SBUX Jul 2nd 110/115 Bear Call Spread 0.340
MSFT Jun 26, 26 MSFT Jun 26th 380/385 Bull Put Spread 0.319
NOW Jul 2, 26 NOW Jul 2nd 80/85 Bull Put Spread -19.838

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 1571.1%$71$71$429-$732.997-3.591-3.770031.2%0.790.83-27.5%-4.5%
BA Bull Put Jun 18, 26 2177.8%$56$56$445-$562.115-3.232-0.357636.0%5.910.65-43.2%-5.4%
SHOP Bear Call Jun 18, 26 2173.0%$74$74$426-$612.004-1.590-0.476856.0%4.201.26-43.9%-7.6%
BX Bull Put Jun 18, 26 2176.6%$72$72$428-$451.803-2.530-0.953743.7%1.890.71-4.2%-0.7%
MRNA Bull Put Jun 18, 26 2183.3%$56$56$444-$281.748-1.312-1.534876.8%1.141.3330.4%—
COIN Bull Put Jun 18, 26 2156.6%$74$74$426-$1431.292-0.986-0.476864.3%2.711.31-190.5%-33.1%
CRCL Bull Put Jun 26, 26 2978.8%$62$62$438-$442.354-1.833-0.238480.2%9.871.28-56.5%-8.0%
BABA Bull Put Jun 26, 26 2975.2%$70$70$430-$542.034-3.435-0.715337.5%2.840.59-65.0%-10.6%
XYZ Bull Put Jun 26, 26 2987.3%$89$89$611$02.027-2.786-1.475250.9%1.370.7339.3%—
CRWV Bull Put Jun 26, 26 2979.7%$69$69$431-$332.003-1.5270.119291.3%16.801.31-35.5%-5.7%
FCX Bull Put Jun 26, 26 2983.9%$70$70$430-$111.831-2.235-1.266653.6%1.450.8223.6%—
SHOP Bull Put Jun 26, 26 2984.2%$80$80$420$11.479-1.907-0.476857.6%3.100.7841.3%—
MSFT Bull Put Jun 26, 26 2980.9%$68$68$433-$281.177-3.692-0.238428.6%4.940.328.2%—
NBIS Bull Put Jul 2, 26 3584.2%$80$80$420$12.250-1.551-0.7153105.9%3.151.45-18.8%-3.6%
NVDA Bull Put Jul 2, 26 3582.6%$75$75$425-$121.299-2.907-0.596040.6%2.180.4510.0%—
NEM Bull Put Jul 2, 26 3580.3%$48$48$352-$311.045-1.988-0.298047.5%3.510.53-6.3%-0.9%
SBUX Bear Call Jul 2, 26 3580.3%$62$62$438-$361.010-2.972-1.251729.1%0.810.3416.9%—
NOW Bull Put Jul 2, 26 3584.7%$72$72$428-$4-1.6340.082-0.178860.9%-9.14-19.84155.6%—
TOTAL / AVG —78.9% avg$1247$1247$7853-$65728.834-39.990-14.901255.1% avg1.93-5.14-166.1%-1.3%
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.