Points Map

Delta Map

Normalized Map

Upper Long Strike, ULS

S − 5 to S + 30 (points)

strikes with 0.45 to 0.75 (delta)

strikes with NV 0.95 to NV 1.12

Short Strike, SS

S − 17 to S + 29 (points)

strikes with 0.10 to 0.70 (delta)

strikes with NV 0.70 to NV 1.113

Lower Long Strike, LLS

S − 52 to S + 28 (points)

strikes with 0 to 0.65 (delta)

strikes with NV 0.20 to NV 1.106

Exit Override

ULS + 1 to ULS + 35 (points)

strikes with 0.5 to 1.0 (delta)

ULS × 1.01 to ULS × 1.35

Entry DTE (days)

40 to 100

40 to 100

40 to 100

Exit DTE (days)

1 to 30

1 to 30

1 to 30

Max Cost (%)

−30 to 30

−30 to 30

−30 to 30

Min Profit (%)

0 to 100

0 to 100

0 to 100

Max Loss (%)

0 to 95

0 to 95

0 to 95