Portfolio Analysis — live-active-by-symbol-2026-05-28_08-52

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
SHOP1.6941.680 3.374
NFLX3.318 3.318
CRCL3.194 3.194
MRNA2.786 2.786
BX2.291 2.291
XYZ2.234 2.234
FCX2.195 2.195
BA2.150 2.150
COIN1.933 1.933
MSFT1.843 1.843
BABA1.822 1.822
CRWV1.670 1.670
NVDA1.350 1.350
SBUX1.249 1.249
NEM1.177 1.177
NOW1.173 1.173
NBIS0.765 0.765
TOTAL3.31810.85414.6395.714 34.525

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
NFLX29.774 29.774
BABA12.758 12.758
MRNA11.837 11.837
BX11.784 11.784
FCX9.857 9.857
XYZ9.611 9.611
COIN6.583 6.583
CRCL6.074 6.074
NEM5.706 5.706
BA4.981 4.981
NVDA4.185 4.185
CRWV3.983 3.983
NOW3.228 3.228
MSFT2.492 2.492
NBIS0.885 0.885
SHOP-11.6194.036 -7.584
SBUX-10.297 -10.297
TOTAL29.77423.56648.8103.707 105.857

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-4.023 -4.023
MRNA-1.848 -1.848
SBUX-1.371 -1.371
XYZ-1.356 -1.356
FCX-1.207 -1.207
BX-0.596 -0.596
BA-0.477 -0.477
CRWV-0.477 -0.477
NEM-0.358 -0.358
NOW-0.298 -0.298
BABA-0.238 -0.238
CRCL-0.238 -0.238
NVDA-0.238 -0.238
SHOP0.238-0.387 -0.149
MSFT-0.119 -0.119
NBIS0.000 0.000
COIN0.477 0.477
TOTAL-4.023-2.205-4.023-2.265 -12.517

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-3.786 -3.786
NFLX-3.633 -3.633
SBUX-3.225 -3.225
SHOP-1.242-1.862 -3.104
BA-3.050 -3.050
NVDA-2.942 -2.942
BABA-2.843 -2.843
XYZ-2.787 -2.787
BX-2.660 -2.660
FCX-2.328 -2.328
CRCL-2.064 -2.064
NEM-1.991 -1.991
MRNA-1.701 -1.701
NOW-1.589 -1.589
CRWV-1.386 -1.386
COIN-1.364 -1.364
NBIS-0.877 -0.877
TOTAL-3.633-10.017-17.056-10.624 -41.330

Theta / |Gamma| Quality

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

SymbolExpiryPositionΘ / |Γ|
MSFT Jun 26, 26 MSFT Jun 26th 380/385 Bull Put Spread 15.461
CRCL Jun 26, 26 CRCL Jun 26th 80/85 Bull Put Spread 13.398
BABA Jun 26, 26 BABA Jun 26th 115/120 Bull Put Spread 7.644
SHOP Jun 18, 26 SHOP Jun 18th 115/120 Bear Call Spread 7.104
NVDA Jul 2, 26 NVDA Jul 2nd 185/190 Bull Put Spread 5.662
BA Jun 18, 26 BA Jun 18th 205/210 Bull Put Spread 4.508
SHOP Jun 26, 26 SHOP Jun 26th 85/90 Bull Put Spread 4.337
COIN Jun 18, 26 COIN Jun 18th 165/170 Bull Put Spread 4.054
NOW Jul 2, 26 NOW Jul 2nd 80/85 Bull Put Spread 3.937
BX Jun 18, 26 BX Jun 18th 105/110 Bull Put Spread 3.843
CRWV Jun 26, 26 CRWV Jun 26th 80/85 Bull Put Spread 3.502
NEM Jul 2, 26 NEM Jul 2nd 90/94 Bull Put Spread 3.292
FCX Jun 26, 26 FCX Jun 26th 50/55 Bull Put Spread 1.819
XYZ Jun 26, 26 XYZ Jun 26th 55/62 Bull Put Spread 1.647
MRNA Jun 18, 26 MRNA Jun 18th 35/40 Bull Put Spread 1.508
SBUX Jul 2, 26 SBUX Jul 2nd 110/115 Bear Call Spread 0.911
NFLX Jun 12, 26 NFLX Jun 12th 80/85 Bull Put Spread 0.825
NBIS Jul 2, 26 NBIS Jul 2nd 145/150 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|
MRNA Jun 18, 26 MRNA Jun 18th 35/40 Bull Put Spread 1.638
CRCL Jun 26, 26 CRCL Jun 26th 80/85 Bull Put Spread 1.548
COIN Jun 18, 26 COIN Jun 18th 165/170 Bull Put Spread 1.417
SHOP Jun 18, 26 SHOP Jun 18th 115/120 Bear Call Spread 1.364
CRWV Jun 26, 26 CRWV Jun 26th 80/85 Bull Put Spread 1.205
FCX Jun 26, 26 FCX Jun 26th 50/55 Bull Put Spread 0.943
NFLX Jun 12, 26 NFLX Jun 12th 80/85 Bull Put Spread 0.913
SHOP Jun 26, 26 SHOP Jun 26th 85/90 Bull Put Spread 0.902
NBIS Jul 2, 26 NBIS Jul 2nd 145/150 Bull Put Spread 0.872
BX Jun 18, 26 BX Jun 18th 105/110 Bull Put Spread 0.861
XYZ Jun 26, 26 XYZ Jun 26th 55/62 Bull Put Spread 0.802
NOW Jul 2, 26 NOW Jul 2nd 80/85 Bull Put Spread 0.739
BA Jun 18, 26 BA Jun 18th 205/210 Bull Put Spread 0.705
BABA Jun 26, 26 BABA Jun 26th 115/120 Bull Put Spread 0.641
NEM Jul 2, 26 NEM Jul 2nd 90/94 Bull Put Spread 0.591
MSFT Jun 26, 26 MSFT Jun 26th 380/385 Bull Put Spread 0.487
NVDA Jul 2, 26 NVDA Jul 2nd 185/190 Bull Put Spread 0.459
SBUX Jul 2, 26 SBUX Jul 2nd 110/115 Bear Call Spread 0.387

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 1463.1%$71$71$429-$1133.318-3.633-4.023329.6%0.820.91-80.3%-13.3%
MRNA Bull Put Jun 18, 26 2084.4%$56$56$444-$222.786-1.701-1.847773.9%1.511.64-7.1%-0.9%
BX Bull Put Jun 18, 26 2073.8%$72$72$428-$592.291-2.660-0.596043.9%3.840.86-47.2%-7.9%
BA Bull Put Jun 18, 26 2084.5%$56$56$445-$222.150-3.050-0.476836.8%4.510.70-7.2%-0.9%
COIN Bull Put Jun 18, 26 2062.8%$74$74$426-$1121.933-1.3640.476866.3%4.051.42-146.6%-25.5%
SHOP Bear Call Jun 18, 26 2064.8%$74$74$426-$1021.694-1.2420.238455.2%7.101.36-96.0%-16.7%
CRCL Bull Put Jun 26, 26 2886.5%$62$62$438-$53.194-2.064-0.238482.6%13.401.55-77.4%-11.0%
XYZ Bull Put Jun 26, 26 2888.2%$89$89$611$62.234-2.787-1.356052.4%1.650.8037.6%—
FCX Bull Put Jun 26, 26 2886.3%$70$70$430$12.195-2.328-1.207056.5%1.820.9411.4%—
MSFT Bull Put Jun 26, 26 2887.1%$68$68$433$31.843-3.786-0.119231.4%15.460.4918.5%—
BABA Bull Put Jun 26, 26 2867.3%$70$70$430-$931.822-2.843-0.238439.0%7.640.64-121.4%-19.8%
SHOP Bull Put Jun 26, 26 2893.6%$80$80$420$481.680-1.862-0.387458.1%4.340.9051.3%—
CRWV Bull Put Jun 26, 26 2884.0%$69$69$431-$111.670-1.386-0.476891.1%3.501.203.6%—
NVDA Bull Put Jul 2, 26 3482.5%$75$75$425-$131.350-2.942-0.238440.4%5.660.468.0%—
SBUX Bear Call Jul 2, 26 3481.8%$62$62$438-$291.249-3.225-1.370929.0%0.910.3911.3%—
NEM Bull Put Jul 2, 26 3482.2%$48$48$352-$231.177-1.991-0.357650.2%3.290.59-27.1%-3.7%
NOW Bull Put Jul 2, 26 3488.8%$72$72$428$161.173-1.589-0.298063.3%3.940.7451.4%—
NBIS Bull Put Jul 2, 26 3488.5%$80$80$420$220.765-0.8770.0000109.0%—0.8763.1%—
TOTAL / AVG —80.6% avg$1247$1247$7853-$50834.525-41.330-12.517056.0% avg2.7616.47-354.1%-2.9%
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.