CURRENT POSITION
| Leg | Strike | Expiry | DTE | Qty |
Mid | Intrinsic | Time Val | Delta | Unrealized |
|---|
| HP | $2.0P | Jan'27 | 282d | +100 | $0.920 | $0.690 | $0.230 | -0.516 | $4,642 |
| SP | $4.0P | Jan'27 | 282d | -100 | $2.730 | $2.690 | $0.040 | -0.801 | $-11,276 |
| LC | $7.0C | Jan'27 | 282d | +100 | $0.065 | $0.000 | $0.065 | 0.137 | $-10,933 |
RESTRUCTURE (LC_SP)
Put SpreadEXHAUSTED (100% of max loss)
LC VitalityWEAK (delta 0.137)
SP DepthDEEP ITM (205%)
TimeMODERATE (282d remaining)
Current Max Loss: $20,009 | Current Recovery: N/A | 1,237 candidates evaluated
BEST FOR CREDIT
LC $5C / SP $7P / HP $3P (FULL)
Maximizes cash returned. You collect CR $17,700 (88% of current ML back). No new capital into the trade.
CostCR $17,700
ML Change+$2,300
Recovery$5.1
Safe Strike$5.1
Delta34.6
Margin-$314
Close:
Sell 100x 7C @ $0.03Buy 100x 4P @ $2.81Sell 100x 2P @ $0.90Open:
Buy 100x Jan 15 '27 $5C @ $0.11Sell 100x Jan 15 '27 $7P @ $5.60Buy 100x Jan 15 '27 $3P @ $1.84P&L Scenarios
| Stock | Change | P&L | Do Nothing | Diff |
|---|
| $0.01 | -99% | $-22,309 | $-20,009 | $-2,300 |
| $0.33 | -75% | $-22,309 | $-20,009 | $-2,300 |
| $0.66 | -50% | $-22,309 | $-20,009 | $-2,300 |
| $1.05 | -20% | $-22,309 | $-20,009 | $-2,300 |
| $1.31 | 0% | $-22,309 | $-20,009 | $-2,300 |
| $1.64 | 25% | $-22,309 | $-20,009 | $-2,300 |
| $1.97 | 50% | $-22,309 | $-20,009 | $-2,300 |
| $2.62 | 100% | $-22,309 | $-13,809 | $-8,500 |
| $3.28 | 150% | $-19,509 | $-7,209 | $-12,300 |
| $3.93 | 200% | $-13,009 | $-709 | $-12,300 |
| $5.24 | 300% | $2,491 | $-9 | $+2,500 |
| $6.55 | 400% | $28,691 | $-9 | $+28,700 |
BEST FOR MARGIN
LC $5C / SP $7P / HP $3.5P (FULL)
Lowest ML increase among all credit candidates. ML change +$1,900 (9% increase vs current $20,009). Still collects CR $13,100.
CostCR $13,100
ML Change+$1,900
Recovery$5.3
Safe Strike$5.3
Delta29.3
Margin-$662
Close:
Sell 100x 7C @ $0.03Buy 100x 4P @ $2.81Sell 100x 2P @ $0.90Open:
Buy 100x Jan 15 '27 $5C @ $0.11Sell 100x Jan 15 '27 $7P @ $5.60Buy 100x Jan 15 '27 $3.5P @ $2.30P&L Scenarios
| Stock | Change | P&L | Do Nothing | Diff |
|---|
| $0.01 | -99% | $-21,909 | $-20,009 | $-1,900 |
| $0.33 | -75% | $-21,909 | $-20,009 | $-1,900 |
| $0.66 | -50% | $-21,909 | $-20,009 | $-1,900 |
| $1.05 | -20% | $-21,909 | $-20,009 | $-1,900 |
| $1.31 | 0% | $-21,909 | $-20,009 | $-1,900 |
| $1.64 | 25% | $-21,909 | $-20,009 | $-1,900 |
| $1.97 | 50% | $-21,909 | $-20,009 | $-1,900 |
| $2.62 | 100% | $-21,909 | $-13,809 | $-8,100 |
| $3.28 | 150% | $-21,909 | $-7,209 | $-14,700 |
| $3.93 | 200% | $-17,609 | $-709 | $-16,900 |
| $5.24 | 300% | $-2,109 | $-9 | $-2,100 |
| $6.55 | 400% | $24,091 | $-9 | $+24,100 |
BEST FOR RECOVERY
LC $1.5C / SP $4P / HP $1P (FULL)
Lowest recovery among credit candidates with ML increase under 50% of current ML. Recovery at $2.7 (2.0x stock), collects CR $1,400, ML change +$8,600.
CostCR $1,400
ML Change+$8,600
Recovery$2.7
Safe Strike$2.7
Delta120.2
Close:
Sell 100x 7C @ $0.03Buy 100x 4P @ $2.81Sell 100x 2P @ $0.90Open:
Buy 100x Jan 15 '27 $1.5C @ $0.41Sell 100x Jan 15 '27 $4P @ $2.65Buy 100x Jan 15 '27 $1P @ $0.22P&L Scenarios
| Stock | Change | P&L | Do Nothing | Diff |
|---|
| $0.01 | -99% | $-28,609 | $-20,009 | $-8,600 |
| $0.33 | -75% | $-28,609 | $-20,009 | $-8,600 |
| $0.66 | -50% | $-28,609 | $-20,009 | $-8,600 |
| $1.05 | -20% | $-28,109 | $-20,009 | $-8,100 |
| $1.31 | 0% | $-25,509 | $-20,009 | $-5,500 |
| $1.64 | 25% | $-20,809 | $-20,009 | $-800 |
| $1.97 | 50% | $-14,209 | $-20,009 | $+5,800 |
| $2.62 | 100% | $-1,209 | $-13,809 | $+12,600 |
| $3.28 | 150% | $11,991 | $-7,209 | $+19,200 |
| $3.93 | 200% | $24,991 | $-709 | $+25,700 |
| $5.24 | 300% | $38,791 | $-9 | $+38,800 |
| $6.55 | 400% | $51,891 | $-9 | $+51,900 |
BEST ROLL (RS)
LC $1.5C / SP $5P / HP $1P (ROLL)
Best roll candidate scored with restructure logic (cost/ML/recovery/delta). Rolls to Jan '28 (653d DTE). Collects CR $8,100, ML change +$11,900. Recovery at $2.8 (2.2x stock). Dead zone: $0.
CostCR $8,100
ML Change+$11,900
Recovery$2.8
Safe Strike$2.8
Delta121.8
Margin+$8,993
Close:
Sell 100x 7C @ $0.03Buy 100x 4P @ $2.81Sell 100x 2P @ $0.90Open:
Buy 100x Jan 21 '28 $1.5C @ $0.66Sell 100x Jan 21 '28 $5P @ $3.75Buy 100x Jan 21 '28 $1P @ $0.40P&L Scenarios
| Stock | Change | P&L | Do Nothing | Diff |
|---|
| $0.01 | -99% | $-31,909 | $-20,009 | $-11,900 |
| $0.33 | -75% | $-31,909 | $-20,009 | $-11,900 |
| $0.66 | -50% | $-31,909 | $-20,009 | $-11,900 |
| $1.05 | -20% | $-31,409 | $-20,009 | $-11,400 |
| $1.31 | 0% | $-28,809 | $-20,009 | $-8,800 |
| $1.64 | 25% | $-24,109 | $-20,009 | $-4,100 |
| $1.97 | 50% | $-17,509 | $-20,009 | $+2,500 |
| $2.62 | 100% | $-4,509 | $-13,809 | $+9,300 |
| $3.28 | 150% | $8,691 | $-7,209 | $+15,900 |
| $3.93 | 200% | $21,691 | $-709 | $+22,400 |
| $5.24 | 300% | $45,491 | $-9 | $+45,500 |
| $6.55 | 400% | $58,591 | $-9 | $+58,600 |
BEST ROLL (Original)
LC $4C / SP $5P / HP $1P (ROLL)
Best roll candidate by original roll scoring (cost/ML/margin-proxy/recovery/delta). Rolls to Jan '28 (653d DTE). Collects CR $10,900, ML change +$9,100. Recovery at $3.9 (3.0x stock). Original roll_score: 77.9.
CostCR $10,900
ML Change+$9,100
Recovery$3.9
Safe Strike$4.0
Delta97.0
Margin+$7,003
Close:
Sell 100x 7C @ $0.03Buy 100x 4P @ $2.81Sell 100x 2P @ $0.90Open:
Buy 100x Jan 21 '28 $4C @ $0.38Sell 100x Jan 21 '28 $5P @ $3.75Buy 100x Jan 21 '28 $1P @ $0.40P&L Scenarios
| Stock | Change | P&L | Do Nothing | Diff |
|---|
| $0.01 | -99% | $-29,109 | $-20,009 | $-9,100 |
| $0.33 | -75% | $-29,109 | $-20,009 | $-9,100 |
| $0.66 | -50% | $-29,109 | $-20,009 | $-9,100 |
| $1.05 | -20% | $-28,609 | $-20,009 | $-8,600 |
| $1.31 | 0% | $-26,009 | $-20,009 | $-6,000 |
| $1.64 | 25% | $-22,709 | $-20,009 | $-2,700 |
| $1.97 | 50% | $-19,409 | $-20,009 | $+600 |
| $2.62 | 100% | $-12,909 | $-13,809 | $+900 |
| $3.28 | 150% | $-6,309 | $-7,209 | $+900 |
| $3.93 | 200% | $191 | $-709 | $+900 |
| $5.24 | 300% | $23,291 | $-9 | $+23,300 |
| $6.55 | 400% | $36,391 | $-9 | $+36,400 |
AI TOP PICK
LC $1.5C / SP $5.5P / HP $1.5P (FULL)
Selected because it collects CR $12,600 (63% of ML). ML increase +$7,400 (37%). recovery at $3 (2.2x stock), and no dead zone (every dollar of upside generates P&L). Best Credit ($17,700 CR) has $5,100 more credit but recovery at $5 vs $3. Best Recovery ($3) has $0 lower break-even but collects $11,200 less credit.
CostCR $12,600
ML Change+$7,400
Recovery$2.9
Safe Strike$2.9
Delta118.0
Margin+$4,977
Close:
Sell 100x 7C @ $0.03Buy 100x 4P @ $2.81Sell 100x 2P @ $0.90Open:
Buy 100x Jan 15 '27 $1.5C @ $0.41Sell 100x Jan 15 '27 $5.5P @ $4.10Buy 100x Jan 15 '27 $1.5P @ $0.55P&L Scenarios
| Stock | Change | P&L | Do Nothing | Diff |
|---|
| $0.01 | -99% | $-27,409 | $-20,009 | $-7,400 |
| $0.33 | -75% | $-27,409 | $-20,009 | $-7,400 |
| $0.66 | -50% | $-27,409 | $-20,009 | $-7,400 |
| $1.05 | -20% | $-27,409 | $-20,009 | $-7,400 |
| $1.31 | 0% | $-27,409 | $-20,009 | $-7,400 |
| $1.64 | 25% | $-24,609 | $-20,009 | $-4,600 |
| $1.97 | 50% | $-18,009 | $-20,009 | $+2,000 |
| $2.62 | 100% | $-5,009 | $-13,809 | $+8,800 |
| $3.28 | 150% | $8,191 | $-7,209 | $+15,400 |
| $3.93 | 200% | $21,191 | $-709 | $+21,900 |
| $5.24 | 300% | $47,391 | $-9 | $+47,400 |
| $6.55 | 400% | $63,091 | $-9 | $+63,100 |
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.