Portfolio Analysis — live-active-by-symbol-2026-06-25_14-05

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.

SymbolJul 17, 26Jul 24, 26Jul 31, 26Total
CRWV1.8421.919 3.761
NBIS1.6532.089 3.741
FCX2.155 2.155
CSCO2.050 2.050
HOOD2.024 2.024
IONQ1.940 1.940
GOOGL1.842 1.842
AAPL1.729 1.729
DRAM1.621 1.621
MRVL1.535 1.535
PLTR1.299 1.299
IBM1.052 1.052
IWM1.003 1.003
TOTAL8.9413.67713.135 25.752

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.

SymbolJul 17, 26Jul 24, 26Jul 31, 26Total
FCX17.941 17.941
CSCO14.672 14.672
IONQ12.040 12.040
HOOD10.619 10.619
IBM7.303 7.303
GOOGL5.715 5.715
DRAM4.516 4.516
IWM4.468 4.468
NBIS1.7501.326 3.076
MRVL1.175 1.175
AAPL-3.974 -3.974
PLTR-5.752 -5.752
CRWV-3.712-4.554 -8.265
TOTAL41.91812.3699.244 63.532

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).

SymbolJul 17, 26Jul 24, 26Jul 31, 26Total
FCX-1.371 -1.371
NBIS-0.9540.000 -0.954
IONQ-0.834 -0.834
CSCO-0.596 -0.596
HOOD-0.477 -0.477
IBM-0.477 -0.477
IWM-0.477 -0.477
MRVL-0.477 -0.477
PLTR-0.477 -0.477
AAPL0.000 0.000
DRAM0.000 0.000
GOOGL0.000 0.000
CRWV-0.1190.238 0.119
TOTAL-2.563-1.431-2.027 -6.020

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.

SymbolJul 17, 26Jul 24, 26Jul 31, 26Total
IWM-3.990 -3.990
AAPL-3.805 -3.805
GOOGL-3.171 -3.171
CSCO-2.806 -2.806
NBIS-1.092-1.265 -2.357
CRWV-1.004-1.342 -2.346
FCX-1.870 -1.870
PLTR-1.779 -1.779
IONQ-1.416 -1.416
HOOD-1.407 -1.407
IBM-1.336 -1.336
DRAM-1.313 -1.313
MRVL-1.305 -1.305
TOTAL-10.187-2.499-16.215 -28.901

Theta / |Gamma| Quality

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

SymbolExpiryPositionΘ / |Γ|
CRWV Jul 17, 26 CRWV Jul 17th 125/130 Bear Call Spread 15.451
CRWV Jul 31, 26 CRWV Jul 31st 130/135 Bear Call Spread 8.051
HOOD Jul 24, 26 HOOD Jul 24th 84/89 Bull Put Spread 4.246
CSCO Jul 17, 26 CSCO Jul 17th 110/115 Bull Put Spread 3.439
MRVL Jul 31, 26 MRVL Jul 31st 195/200 Bull Put Spread 3.218
PLTR Jul 31, 26 PLTR Jul 31st 125/130 Bear Call Spread 2.724
IONQ Jul 31, 26 IONQ Jul 31st 40/45 Bull Put Spread 2.325
IBM Jul 17, 26 IBM Jul 17th 250/255 Bull Put Spread 2.206
IWM Jul 31, 26 IWM Jul 31st 275/280 Bull Put Spread 2.104
NBIS Jul 24, 26 NBIS Jul 24th 200/205 Bull Put Spread 1.733
FCX Jul 17, 26 FCX Jul 17th 55/60 Bull Put Spread 1.572
AAPL Jul 31, 26 AAPL Jul 31st 305/310 Bear Call Spread —
DRAM Jul 31, 26 DRAM Jul 31st 52/57 Bull Put Spread —
GOOGL Jul 17, 26 GOOGL Jul 17th 325/330 Bull Put Spread —
NBIS Jul 31, 26 NBIS Jul 31st 170/175 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|
CRWV Jul 17, 26 CRWV Jul 17th 125/130 Bear Call Spread 1.834
NBIS Jul 31, 26 NBIS Jul 31st 170/175 Bull Put Spread 1.652
NBIS Jul 24, 26 NBIS Jul 24th 200/205 Bull Put Spread 1.513
HOOD Jul 24, 26 HOOD Jul 24th 84/89 Bull Put Spread 1.439
CRWV Jul 31, 26 CRWV Jul 31st 130/135 Bear Call Spread 1.430
IONQ Jul 31, 26 IONQ Jul 31st 40/45 Bull Put Spread 1.370
DRAM Jul 31, 26 DRAM Jul 31st 52/57 Bull Put Spread 1.235
MRVL Jul 31, 26 MRVL Jul 31st 195/200 Bull Put Spread 1.176
FCX Jul 17, 26 FCX Jul 17th 55/60 Bull Put Spread 1.153
IBM Jul 17, 26 IBM Jul 17th 250/255 Bull Put Spread 0.787
CSCO Jul 17, 26 CSCO Jul 17th 110/115 Bull Put Spread 0.730
PLTR Jul 31, 26 PLTR Jul 31st 125/130 Bear Call Spread 0.730
GOOGL Jul 17, 26 GOOGL Jul 17th 325/330 Bull Put Spread 0.581
AAPL Jul 31, 26 AAPL Jul 31st 305/310 Bear Call Spread 0.454
IWM Jul 31, 26 IWM Jul 31st 275/280 Bull Put Spread 0.251

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
FCX Bull Put Jul 17, 26 2166.6%$80$80$420-$872.155-1.870-1.370959.3%1.571.15-69.4%-13.2%
CSCO Bull Put Jul 17, 26 2168.0%$74$74$426-$862.050-2.806-0.596038.1%3.440.73-79.7%-13.8%
GOOGL Bull Put Jul 17, 26 2170.0%$70$70$430-$801.842-3.1710.000033.2%—0.58-78.6%-12.8%
CRWV Bear Call Jul 17, 26 2187.8%$54$54$446-$71.842-1.004-0.119284.2%15.451.8324.1%—
IBM Bull Put Jul 17, 26 2156.0%$67$67$433-$1531.052-1.336-0.476842.4%2.210.79-213.4%-33.0%
HOOD Bull Put Jul 24, 26 2861.5%$74$74$426-$1182.024-1.407-0.476870.4%4.251.44-189.2%-32.9%
NBIS Bull Put Jul 24, 26 2874.4%$100$100$400-$281.653-1.092-0.9537122.7%1.731.51-15.0%-3.8%
NBIS Bull Put Jul 31, 26 3583.0%$78$78$422-$72.089-1.2650.0000129.4%—1.65-25.0%-4.6%
IONQ Bull Put Jul 31, 26 3568.1%$99$99$401-$611.940-1.416-0.834595.5%2.321.37-74.8%-18.5%
CRWV Bear Call Jul 31, 26 3585.5%$57$57$443-$151.919-1.3420.238485.0%8.051.43-34.2%-4.4%
AAPL Bear Call Jul 31, 26 3586.5%$66$66$434-$11.729-3.8050.000029.4%—0.457.6%—
DRAM Bull Put Jul 31, 26 3584.0%$76$76$424-$41.621-1.3130.0000107.5%—1.242.0%—
MRVL Bull Put Jul 31, 26 3585.5%$72$72$428-$11.535-1.305-0.4768103.8%3.221.189.7%—
PLTR Bear Call Jul 31, 26 3582.7%$64$64$436-$221.299-1.779-0.476853.3%2.720.731.6%—
IWM Bull Put Jul 31, 26 3578.6%$73$73$427-$341.003-3.990-0.476827.2%2.100.254.8%—
TOTAL / AVG —75.9% avg$1104$1104$6396-$70625.752-28.901-6.020172.1% avg4.2816.34-729.6%-8.6%
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.