CURRENT POSITION
| Leg | Strike | Expiry | DTE | Qty |
Mid | Intrinsic | Time Val | Delta | Unrealized |
|---|
| LC | $17.0C | Jan'27 | 267d | +50 | $5.950 | $1.555 | $4.395 | 0.699 | $13,897 |
| HP | $17.0P | Jan'27 | 267d | +50 | $3.975 | $0.000 | $3.975 | 0.307 | $-9,568 |
| SP | $40.0P | Jan'27 | 267d | -50 | $22.250 | $21.445 | $0.805 | 0.802 | $19,541 |
CONSIDER CCs FIRST (ROLL)
Put SpreadEXHAUSTED (93% of max loss)
LC VitalityALIVE (delta 0.699)
SP DepthDEEP ITM (116%)
TimeMODERATE (267d remaining)
Safe Strike$23.66 (1.3x stock)
StructureSS 1.3x stock ($24)
Current Max Loss: $66,550 | Current Recovery: $23.66 | 2,326 candidates evaluated
BEST FOR CREDIT
LC $27C / SP $40P / HP $1P (ROLL)
Maximizes cash returned. You collect CR $21,500 (32% of current ML back). No new capital into the trade.
CostCR $21,500
ML Change+$58,500
Recovery$23.66 -> $26.01
Delta60.0
Margin-$691
Close:
Sell 50x 17C @ $5.80Buy 50x 40P @ $22.60Sell 50x 17P @ $3.85Open:
Buy 50x Jan 21 '28 $27C @ $5.90Sell 50x Jan 21 '28 $40P @ $23.25Buy 50x Jan 21 '28 $1P @ $0.10P&L Scenarios (Current BE: $23.66 | Repair BE: $26.01)
| Stock | Change | P&L | Do Nothing | Diff |
|---|
| $0.19 | -99% | $-124,632 | $-66,550 | $-58,082 |
| $4.64 | -75% | $-106,850 | $-66,550 | $-40,300 |
| $9.28 | -50% | $-83,650 | $-66,550 | $-17,100 |
| $14.84 | -20% | $-55,850 | $-66,550 | $+10,700 |
| $17.00 | -8% | $-45,050 | $-66,550 | $+21,500 |
| $18.55 | -0% | $-37,300 | $-51,050 | $+13,750 |
| $23.19 | 25% | $-14,100 | $-4,650 | $-9,450 |
| $26.01 ◀ | 40% | $0 | $23,550 | $-23,550 |
| $27.00 | 46% | $4,950 | $33,450 | $-28,500 |
| $27.83 | 50% | $13,250 | $41,750 | $-28,500 |
| $37.11 | 100% | $106,050 | $134,550 | $-28,500 |
| $40.00 | 116% | $134,950 | $163,450 | $-28,500 |
| $46.39 | 150% | $166,900 | $195,400 | $-28,500 |
| $55.66 | 200% | $213,250 | $241,750 | $-28,500 |
| $74.22 | 300% | $306,050 | $334,550 | $-28,500 |
| $92.78 | 400% | $398,850 | $427,350 | $-28,500 |
BEST FOR MARGIN
LC $27C / SP $40P / HP $13P (ROLL)
Lowest ML increase among all credit candidates. ML change +$17,500 (26% increase vs current $66,550). Still collects CR $2,500.
CostCR $2,500
ML Change+$17,500
Recovery$23.66 -> $28.41
Delta51.2
Margin-$335
Close:
Sell 50x 17C @ $5.80Buy 50x 40P @ $22.60Sell 50x 17P @ $3.85Open:
Buy 50x Jan 21 '28 $27C @ $5.90Sell 50x Jan 21 '28 $40P @ $23.25Buy 50x Jan 21 '28 $13P @ $3.90P&L Scenarios (Current BE: $23.66 | Repair BE: $28.41)
| Stock | Change | P&L | Do Nothing | Diff |
|---|
| $0.19 | -99% | $-84,050 | $-66,550 | $-17,500 |
| $4.64 | -75% | $-84,050 | $-66,550 | $-17,500 |
| $9.28 | -50% | $-84,050 | $-66,550 | $-17,500 |
| $13.00 | -30% | $-84,050 | $-66,550 | $-17,500 |
| $14.84 | -20% | $-74,850 | $-66,550 | $-8,300 |
| $17.00 | -8% | $-64,050 | $-66,550 | $+2,500 |
| $18.55 | -0% | $-56,300 | $-51,050 | $-5,250 |
| $23.19 | 25% | $-33,100 | $-4,650 | $-28,450 |
| $27.00 | 46% | $-14,050 | $33,450 | $-47,500 |
| $27.83 | 50% | $-5,750 | $41,750 | $-47,500 |
| $28.41 ◀ | 53% | $50 | $47,550 | $-47,500 |
| $37.11 | 100% | $87,050 | $134,550 | $-47,500 |
| $40.00 | 116% | $115,950 | $163,450 | $-47,500 |
| $46.39 | 150% | $147,900 | $195,400 | $-47,500 |
| $55.66 | 200% | $194,250 | $241,750 | $-47,500 |
| $74.22 | 300% | $287,050 | $334,550 | $-47,500 |
| $92.78 | 400% | $379,850 | $427,350 | $-47,500 |
BEST FOR RECOVERY
LC $15C / SP $40P / HP $10P (FULL)
Lowest recovery among credit candidates with ML increase under 50% of current ML. Recovery at $22.3 (1.2x stock), collects CR $3,850, ML change +$31,150.
CostCR $3,850
ML Change+$31,150
Recovery$23.66 -> $22.27
Delta72.5
Margin-$17,186
Close:
Sell 50x 17C @ $5.80Buy 50x 40P @ $22.60Sell 50x 17P @ $3.85Open:
Buy 50x Jan 15 '27 $15C @ $7.00Sell 50x Jan 15 '27 $40P @ $21.90Buy 50x Jan 15 '27 $10P @ $1.18P&L Scenarios (Current BE: $23.66 | Repair BE: $22.27)
| Stock | Change | P&L | Do Nothing | Diff |
|---|
| $0.19 | -99% | $-97,700 | $-66,550 | $-31,150 |
| $4.64 | -75% | $-97,700 | $-66,550 | $-31,150 |
| $9.28 | -50% | $-97,700 | $-66,550 | $-31,150 |
| $10.00 | -46% | $-97,700 | $-66,550 | $-31,150 |
| $14.84 | -20% | $-73,500 | $-66,550 | $-6,950 |
| $15.00 | -19% | $-72,700 | $-66,550 | $-6,150 |
| $17.00 | -8% | $-52,700 | $-66,550 | $+13,850 |
| $18.55 | -0% | $-37,200 | $-51,050 | $+13,850 |
| $22.27 ◀ | 20% | $-0 | $-13,850 | $+13,850 |
| $23.19 | 25% | $9,200 | $-4,650 | $+13,850 |
| $27.83 | 50% | $55,600 | $41,750 | $+13,850 |
| $37.11 | 100% | $148,400 | $134,550 | $+13,850 |
| $40.00 | 116% | $177,300 | $163,450 | $+13,850 |
| $46.39 | 150% | $209,250 | $195,400 | $+13,850 |
| $55.66 | 200% | $255,600 | $241,750 | $+13,850 |
| $74.22 | 300% | $348,400 | $334,550 | $+13,850 |
| $92.78 | 400% | $441,200 | $427,350 | $+13,850 |
BEST ROLL (for ROI)
LC $22C / SP $40P / HP $25P (ROLL)
Highest pick_score among all rolls (capital-efficient upside per $ at risk). Rolls to Jan '28 (638d DTE). Costs DR $42,250, ML change +$2,250. Recovery at $30.4 (1.6x stock). Dead zone: $0.
CostDR $42,250
ML Change+$2,250
Recovery$23.66 -> $30.38
Delta43.9
Margin-$5,518
Close:
Sell 50x 17C @ $5.80Buy 50x 40P @ $22.60Sell 50x 17P @ $3.85Open:
Buy 50x Jan 21 '28 $22C @ $7.05Sell 50x Jan 21 '28 $40P @ $23.25Buy 50x Jan 21 '28 $25P @ $11.70P&L Scenarios (Current BE: $23.66 | Repair BE: $30.38)
| Stock | Change | P&L | Do Nothing | Diff |
|---|
| $0.19 | -99% | $-68,800 | $-66,550 | $-2,250 |
| $4.64 | -75% | $-68,800 | $-66,550 | $-2,250 |
| $9.28 | -50% | $-68,800 | $-66,550 | $-2,250 |
| $14.84 | -20% | $-68,800 | $-66,550 | $-2,250 |
| $17.00 | -8% | $-68,800 | $-66,550 | $-2,250 |
| $18.55 | -0% | $-68,800 | $-51,050 | $-17,750 |
| $22.00 | 19% | $-68,800 | $-16,550 | $-52,250 |
| $23.19 | 25% | $-62,850 | $-4,650 | $-58,200 |
| $25.00 | 35% | $-53,800 | $13,450 | $-67,250 |
| $27.83 | 50% | $-25,500 | $41,750 | $-67,250 |
| $30.38 ◀ | 64% | $-0 | $67,250 | $-67,250 |
| $37.11 | 100% | $67,300 | $134,550 | $-67,250 |
| $40.00 | 116% | $96,200 | $163,450 | $-67,250 |
| $46.39 | 150% | $128,150 | $195,400 | $-67,250 |
| $55.66 | 200% | $174,500 | $241,750 | $-67,250 |
| $74.22 | 300% | $267,300 | $334,550 | $-67,250 |
| $92.78 | 400% | $360,100 | $427,350 | $-67,250 |
AI TOP PICK
LC $17C / SP $40P / HP $25P (FULL)
Selected because it costs DR $33,000. ML increase +$-7,000 (-11%). recovery at $27 (1.5x stock), and no dead zone (every dollar of upside generates P&L). Best Credit ($21,500 CR) has $-11,500 more credit but recovery at $26 vs $27. Best Recovery ($22) has $5 lower break-even but collects $29,150 less credit.
CostDR $33,000
ML Change-$7,000
Recovery$23.66 -> $26.95
Delta48.6
Margin-$19,217
Close:
Sell 50x 17C @ $5.80Buy 50x 40P @ $22.60Sell 50x 17P @ $3.85Open:
Buy 50x Jan 15 '27 $17C @ $6.10Sell 50x Jan 15 '27 $40P @ $21.90Buy 50x Jan 15 '27 $25P @ $9.45P&L Scenarios (Current BE: $23.66 | Repair BE: $26.95)
| Stock | Change | P&L | Do Nothing | Diff |
|---|
| $0.19 | -99% | $-59,550 | $-66,550 | $+7,000 |
| $4.64 | -75% | $-59,550 | $-66,550 | $+7,000 |
| $9.28 | -50% | $-59,550 | $-66,550 | $+7,000 |
| $14.84 | -20% | $-59,550 | $-66,550 | $+7,000 |
| $17.00 | -8% | $-59,550 | $-66,550 | $+7,000 |
| $18.55 | -0% | $-51,800 | $-51,050 | $-750 |
| $23.19 | 25% | $-28,600 | $-4,650 | $-23,950 |
| $25.00 | 35% | $-19,550 | $13,450 | $-33,000 |
| $26.95 ◀ | 45% | $-50 | $32,950 | $-33,000 |
| $27.83 | 50% | $8,750 | $41,750 | $-33,000 |
| $37.11 | 100% | $101,550 | $134,550 | $-33,000 |
| $40.00 | 116% | $130,450 | $163,450 | $-33,000 |
| $46.39 | 150% | $162,400 | $195,400 | $-33,000 |
| $55.66 | 200% | $208,750 | $241,750 | $-33,000 |
| $74.22 | 300% | $301,550 | $334,550 | $-33,000 |
| $92.78 | 400% | $394,350 | $427,350 | $-33,000 |
AI ALTERNATIVE (CREDIT)
LC $15C / SP $40P / HP $12P (FULL)
Highest pick_score candidate with a net credit. It collects CR $300 (0% of ML), ML increase +$24,700 (37%), recovery at $23 (1.2x stock). shown because AI Top Pick costs DR $33,000 — this is the best pick_score candidate with a net credit, for traders who prefer not to add capital to the repair.
CostCR $300
ML Change+$24,700
Recovery$23.66 -> $22.62
Delta69.9
Margin-$18,368
Close:
Sell 50x 17C @ $5.80Buy 50x 40P @ $22.60Sell 50x 17P @ $3.85Open:
Buy 50x Jan 15 '27 $15C @ $7.00Sell 50x Jan 15 '27 $40P @ $21.90Buy 50x Jan 15 '27 $12P @ $1.89P&L Scenarios (Current BE: $23.66 | Repair BE: $22.62)
| Stock | Change | P&L | Do Nothing | Diff |
|---|
| $0.19 | -99% | $-91,250 | $-66,550 | $-24,700 |
| $4.64 | -75% | $-91,250 | $-66,550 | $-24,700 |
| $9.28 | -50% | $-91,250 | $-66,550 | $-24,700 |
| $12.00 | -35% | $-91,250 | $-66,550 | $-24,700 |
| $14.84 | -20% | $-77,050 | $-66,550 | $-10,500 |
| $15.00 | -19% | $-76,250 | $-66,550 | $-9,700 |
| $17.00 | -8% | $-56,250 | $-66,550 | $+10,300 |
| $18.55 | -0% | $-40,750 | $-51,050 | $+10,300 |
| $22.62 ◀ | 22% | $-50 | $-10,350 | $+10,300 |
| $23.19 | 25% | $5,650 | $-4,650 | $+10,300 |
| $27.83 | 50% | $52,050 | $41,750 | $+10,300 |
| $37.11 | 100% | $144,850 | $134,550 | $+10,300 |
| $40.00 | 116% | $173,750 | $163,450 | $+10,300 |
| $46.39 | 150% | $205,700 | $195,400 | $+10,300 |
| $55.66 | 200% | $252,050 | $241,750 | $+10,300 |
| $74.22 | 300% | $344,850 | $334,550 | $+10,300 |
| $92.78 | 400% | $437,650 | $427,350 | $+10,300 |
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.