CURRENT POSITION
| Leg | Strike | Expiry | DTE | Qty |
Mid | Intrinsic | Time Val | Delta | Unrealized |
|---|
| HP | $40.0P | Jan'28 | 653d | +50 | $22.725 | $18.570 | $4.155 | -0.494 | $20,034 |
| SP | $55.0P | Jan'28 | 653d | -50 | $35.650 | $33.570 | $2.080 | -0.634 | $-31,630 |
| LC | $70.0C | Jan'28 | 653d | +50 | $3.400 | $0.000 | $3.400 | 0.352 | $-145,929 |
RESTRUCTURE (LC_SP)
Put SpreadEXHAUSTED (100% of max loss)
LC VitalityMODERATE (delta 0.352)
SP DepthDEEP ITM (157%)
TimeSTRONG (653d remaining)
Break-Even$92 (4.3x stock)
StructureSS 4.3x stock ($92)
CrossoverAI pick wins above $41 (1.9x stock)
Current Max Loss: $185,064 | Current Recovery: $92 | 5,173 candidates evaluated
BEST FOR CREDIT
LC $65C / SP $95P / HP $65P (FULL)
Maximizes cash returned. You collect CR $50,750 (27% of current ML back). No new capital into the trade.
CostCR $50,750
ML Change+$24,250
Recovery$92 -> $85.9
Safe Strike$85.9
Delta27.7
Margin+$5,622
Close:
Sell 50x 70C @ $3.10Buy 50x 55P @ $36.80Sell 50x 40P @ $22.05Open:
Buy 50x Jan 21 '28 $65C @ $4.05Sell 50x Jan 21 '28 $95P @ $72.05Buy 50x Jan 21 '28 $65P @ $46.20P&L Scenarios (Current BE: $92 | Repair BE: $86)
| Stock | Change | P&L | Do Nothing | Diff |
|---|
| $0.21 | -99% | $-209,314 | $-185,064 | $-24,250 |
| $5.36 | -75% | $-209,314 | $-185,064 | $-24,250 |
| $10.71 | -50% | $-209,314 | $-185,064 | $-24,250 |
| $17.14 | -20% | $-209,314 | $-185,064 | $-24,250 |
| $21.43 | 0% | $-209,314 | $-185,064 | $-24,250 |
| $26.79 | 25% | $-209,314 | $-185,064 | $-24,250 |
| $32.14 | 50% | $-209,314 | $-185,064 | $-24,250 |
| $40.00 | 87% | $-209,314 | $-185,064 | $-24,250 |
| $42.86 | 100% | $-209,314 | $-170,764 | $-38,550 |
| $53.58 | 150% | $-209,314 | $-117,164 | $-92,150 |
| $55.00 | 157% | $-209,314 | $-110,064 | $-99,250 |
| $64.29 | 200% | $-209,314 | $-110,064 | $-99,250 |
| $65.00 | 203% | $-209,314 | $-110,064 | $-99,250 |
| $70.00 | 227% | $-159,314 | $-110,064 | $-49,250 |
| $85.72 | 300% | $-2,114 | $-31,464 | $+29,350 |
| $85.93 ◀ | 301% | $-2,114 | $-31,464 | $+29,350 |
| $95.00 | 343% | $90,686 | $-31,464 | $+122,150 |
| $107.15 | 400% | $151,436 | $75,686 | $+75,750 |
BEST FOR MARGIN
LC $65C / SP $60P / HP $40P (LC_SP)
Lowest ML increase among all credit candidates. ML change +$19,250 (10% increase vs current $185,064). Still collects CR $5,750.
CostCR $5,750
ML Change+$19,250
Recovery$92 -> $85.9
Safe Strike$85.9
Delta27.9
Margin+$2,526
Close:
Sell 50x 70C @ $3.10Buy 50x 55P @ $36.80Open:
Buy 50x Jan 21 '28 $65C @ $4.05Sell 50x Jan 21 '28 $60P @ $38.90P&L Scenarios (Current BE: $92 | Repair BE: $86)
| Stock | Change | P&L | Do Nothing | Diff |
|---|
| $0.21 | -99% | $-204,314 | $-185,064 | $-19,250 |
| $5.36 | -75% | $-204,314 | $-185,064 | $-19,250 |
| $10.71 | -50% | $-204,314 | $-185,064 | $-19,250 |
| $17.14 | -20% | $-204,314 | $-185,064 | $-19,250 |
| $21.43 | 0% | $-204,314 | $-185,064 | $-19,250 |
| $26.79 | 25% | $-204,314 | $-185,064 | $-19,250 |
| $32.14 | 50% | $-204,314 | $-185,064 | $-19,250 |
| $40.00 | 87% | $-204,314 | $-185,064 | $-19,250 |
| $42.86 | 100% | $-190,014 | $-170,764 | $-19,250 |
| $53.58 | 150% | $-136,414 | $-117,164 | $-19,250 |
| $55.00 | 157% | $-129,314 | $-110,064 | $-19,250 |
| $60.00 | 180% | $-104,314 | $-110,064 | $+5,750 |
| $64.29 | 200% | $-104,314 | $-110,064 | $+5,750 |
| $65.00 | 203% | $-104,314 | $-110,064 | $+5,750 |
| $70.00 | 227% | $-79,314 | $-110,064 | $+30,750 |
| $85.72 | 300% | $-714 | $-31,464 | $+30,750 |
| $85.86 ◀ | 301% | $-714 | $-31,464 | $+30,750 |
| $107.15 | 400% | $106,436 | $75,686 | $+30,750 |
BEST FOR RECOVERY
LC $25C / SP $45P / HP $15P (FULL)
Lowest recovery among credit candidates with ML increase under 50% of current ML. Recovery at $46.8 (2.2x stock), collects CR $1,000, ML change +$74,000.
CostCR $1,000
ML Change+$74,000
Recovery$92 -> $46.8
Safe Strike$46.8
Delta53.7
Margin+$14,240
Close:
Sell 50x 70C @ $3.10Buy 50x 55P @ $36.80Sell 50x 40P @ $22.05Open:
Buy 50x Jan 21 '28 $25C @ $9.20Sell 50x Jan 21 '28 $45P @ $26.05Buy 50x Jan 21 '28 $15P @ $5.00P&L Scenarios (Current BE: $92 | Repair BE: $47)
| Stock | Change | P&L | Do Nothing | Diff |
|---|
| $0.21 | -99% | $-259,064 | $-185,064 | $-74,000 |
| $5.36 | -75% | $-259,064 | $-185,064 | $-74,000 |
| $10.71 | -50% | $-259,064 | $-185,064 | $-74,000 |
| $15.00 | -30% | $-259,064 | $-185,064 | $-74,000 |
| $17.14 | -20% | $-248,364 | $-185,064 | $-63,300 |
| $21.43 | 0% | $-226,914 | $-185,064 | $-41,850 |
| $25.00 | 17% | $-209,064 | $-185,064 | $-24,000 |
| $26.79 | 25% | $-191,164 | $-185,064 | $-6,100 |
| $32.14 | 50% | $-137,664 | $-185,064 | $+47,400 |
| $40.00 | 87% | $-59,064 | $-185,064 | $+126,000 |
| $42.86 | 100% | $-30,464 | $-170,764 | $+140,300 |
| $45.00 | 110% | $-9,064 | $-170,764 | $+161,700 |
| $46.81 ◀ | 118% | $-9,064 | $-170,764 | $+161,700 |
| $53.58 | 150% | $33,836 | $-117,164 | $+151,000 |
| $55.00 | 157% | $40,936 | $-110,064 | $+151,000 |
| $64.29 | 200% | $87,386 | $-110,064 | $+197,450 |
| $70.00 | 227% | $115,936 | $-110,064 | $+226,000 |
| $85.72 | 300% | $194,536 | $-31,464 | $+226,000 |
| $107.15 | 400% | $301,686 | $75,686 | $+226,000 |
AI TOP PICK
LC $33C / SP $70P / HP $40P (LC_SP)
Selected because it collects CR $32,500 (18% of ML). ML increase +$42,500 (23%). recovery at $59 (2.8x stock). keeps existing HP (2-leg trade, simpler execution), and no dead zone (every dollar of upside generates P&L). Best Credit ($50,750 CR) has $18,250 more credit but recovery at $86 vs $59. Best Recovery ($47) has $12 lower break-even but collects $31,500 less credit.
CostCR $32,500
ML Change+$42,500
Recovery$92 -> $59.3
Safe Strike$59.3
Delta43.3
Margin+$11,315
Close:
Sell 50x 70C @ $3.10Buy 50x 55P @ $36.80Open:
Buy 50x Jan 21 '28 $33C @ $7.65Sell 50x Jan 21 '28 $70P @ $47.85P&L Scenarios (Current BE: $92 | Repair BE: $59)
| Stock | Change | P&L | Do Nothing | Diff |
|---|
| $0.21 | -99% | $-227,564 | $-185,064 | $-42,500 |
| $5.36 | -75% | $-227,564 | $-185,064 | $-42,500 |
| $10.71 | -50% | $-227,564 | $-185,064 | $-42,500 |
| $17.14 | -20% | $-227,564 | $-185,064 | $-42,500 |
| $21.43 | 0% | $-227,564 | $-185,064 | $-42,500 |
| $26.79 | 25% | $-227,564 | $-185,064 | $-42,500 |
| $32.14 | 50% | $-227,564 | $-185,064 | $-42,500 |
| $33.00 | 54% | $-227,564 | $-185,064 | $-42,500 |
| $40.00 | 87% | $-192,564 | $-185,064 | $-7,500 |
| $42.86 | 100% | $-163,964 | $-170,764 | $+6,800 |
| $53.58 | 150% | $-56,764 | $-117,164 | $+60,400 |
| $55.00 | 157% | $-42,564 | $-110,064 | $+67,500 |
| $59.26 ◀ | 177% | $-42,564 | $-110,064 | $+67,500 |
| $64.29 | 200% | $50,336 | $-110,064 | $+160,400 |
| $70.00 | 227% | $107,436 | $-110,064 | $+217,500 |
| $85.72 | 300% | $186,036 | $-31,464 | $+217,500 |
| $107.15 | 400% | $293,186 | $75,686 | $+217,500 |
NOTES:
- EST = estimated prices (deep ITM, after hours). Verify during market hours.
- Safe Strike = Max(LC + ND, (LC + SP + ND) / 2). See Fortress formula.
- Execute as combo/spread orders in TWS for best fills.
- P&L scenarios assume hold to expiry.