Bear Put Spread (Directional Bearish)

Hypothetical Options Strategy - As of 2026-03-06 Black-Scholes Model

Net Debit
$78,236.68
Current Value
$96,145.00
Total P&L
$+17,908.33
Return
+22.89%
Positions
24

Strategy Parameters

Positions by Stock (8 stocks, 24 entries)

ETSY Etsy, Inc. Consumer Discretionary 📈 📊 🔍
Current: $55.03
Debit: $9,821.30 Value: $9,791.11 P&L: $-30.20 (-0.3%)
Entry Date Held Stock Price Strikes
(Buy/Sell)		 Breakeven Contracts Cost P&L Status
#1 2026-03-05
1.8% rise		 1d $56.63
Now -2.8%		 $55.50
$53.80		 $54.70 41 $3,267.66 $+358.49
(+11.0%)
Black-Scholes 		29d
Below BE
-0.6% to BE
#2 2026-02-26
3.3% rise		 8d $55.18
Now -0.3%		 $54.08
$52.42		 $53.30 42 $3,268.43 $-67.53
(-2.1%)
Black-Scholes 		22d
Below BE
-3.2% to BE
#3 2026-02-24
3.9% rise		 10d $54.40
Now +1.2%		 $53.31
$51.68		 $52.55 43 $3,285.22 $-321.16
(-9.8%)
Black-Scholes 		20d
Below BE
-4.7% to BE
LCID Lucid Group, Inc. Consumer Discretionary 📈 📊 🔍
Current: $9.83
Debit: $9,966.10 Value: $11,627.08 P&L: $+1,660.98 (+16.7%)
Entry Date Held Stock Price Strikes
(Buy/Sell)		 Breakeven Contracts Cost P&L Status
#1 2026-03-04
1.6% rise		 2d $10.27
Now -4.3%		 $10.06
$9.76		 $9.92 239 $3,322.89 $+593.86
(+17.9%)
Black-Scholes 		28d
In Profit
+0.9% to BE
#2 2026-02-26
3.0% rise		 8d $10.59
Now -7.2%		 $10.38
$10.06		 $10.23 224 $3,323.56 $+1,064.46
(+32.0%)
Black-Scholes 		22d
In Profit
+3.9% to BE
#3 2026-02-24
5.1% rise		 10d $9.92
Now -0.9%		 $9.72
$9.42		 $9.58 239 $3,319.64 $+2.66
(+0.1%)
Black-Scholes 		20d
Below BE
-2.6% to BE
RH RH Consumer Discretionary 📈 📊 🔍
Current: $144.60
Debit: $9,503.43 Value: $19,792.57 P&L: $+10,289.14 (+108.3%)
Entry Date Held Stock Price Strikes
(Buy/Sell)		 Breakeven Contracts Cost P&L Status
#1 2026-02-26
1.4% rise		 8d $186.61
Now -22.5%		 $182.88
$177.28		 $180.30 12 $3,101.57 $+2,972.45
(+95.8%)
Black-Scholes 		22d
In Profit
+19.8% to BE
#2 2026-02-20
1.5% rise		 14d $207.73
Now -30.4%		 $203.58
$197.34		 $200.70 11 $3,167.97 $+3,595.17
(+113.5%)
Black-Scholes 		16d
In Profit
+28.0% to BE
#3 2026-02-18
1.8% rise		 16d $212.41
Now -31.9%		 $208.16
$201.79		 $205.22 11 $3,233.89 $+3,721.52
(+115.1%)
Black-Scholes 		14d
In Profit
+29.5% to BE
POOL Pool Corporation Consumer Discretionary 📈 📊 🔍
Current: $214.83
Debit: $9,725.11 Value: $15,235.25 P&L: $+5,510.15 (+56.7%)
Entry Date Held Stock Price Strikes
(Buy/Sell)		 Breakeven Contracts Cost P&L Status
#1 2026-02-27
1.7% rise		 7d $227.18
Now -5.4%		 $222.64
$215.82		 $219.64 11 $3,294.83 $+1,004.35
(+30.5%)
Black-Scholes 		23d
In Profit
+2.2% to BE
#2 2026-02-20
1.5% rise		 14d $221.62
Now -3.1%		 $217.19
$210.54		 $214.27 11 $3,212.73 $+459.84
(+14.3%)
Black-Scholes 		16d
Below BE
-0.3% to BE
#3 2026-02-11
1.6% rise		 23d $271.48
Now -20.9%		 $266.05
$257.91		 $262.47 9 $3,217.55 $+4,045.95
(+125.7%)
Black-Scholes 		7d
In Profit
+18.2% to BE
DASH DoorDash, Inc. Consumer Discretionary 📈 📊 🔍
Current: $179.34
Debit: $9,710.79 Value: $9,375.39 P&L: $-335.40 (-3.5%)
Entry Date Held Stock Price Strikes
(Buy/Sell)		 Breakeven Contracts Cost P&L Status
#1 2026-03-05
3.2% rise		 1d $183.48
Now -2.3%		 $179.81
$174.31		 $177.40 13 $3,137.55 $+374.46
(+11.9%)
Black-Scholes 		29d
Below BE
-1.1% to BE
#2 2026-02-26
4.2% rise		 8d $180.41
Now -0.6%		 $176.80
$171.39		 $174.43 14 $3,323.36 $-4.57
(-0.1%)
Black-Scholes 		22d
Below BE
-2.8% to BE
#3 2026-02-19
1.6% rise		 15d $176.19
Now +1.8%		 $172.67
$167.38		 $170.35 14 $3,249.88 $-705.29
(-21.7%)
Black-Scholes 		15d
Below BE
-5.3% to BE
ROKU Roku, Inc. Consumer Discretionary 📈 📊 🔍
Current: $99.85
Debit: $9,701.30 Value: $7,277.87 P&L: $-2,423.43 (-25.0%)
Entry Date Held Stock Price Strikes
(Buy/Sell)		 Breakeven Contracts Cost P&L Status
#1 2026-03-04
3.7% rise		 2d $97.51
Now +2.4%		 $95.56
$92.63		 $94.28 25 $3,207.72 $-437.00
(-13.6%)
Black-Scholes 		28d
Below BE
-5.9% to BE
#2 2026-02-27
5.3% rise		 7d $98.41
Now +1.5%		 $96.44
$93.49		 $95.15 25 $3,229.89 $-384.07
(-11.9%)
Black-Scholes 		23d
Below BE
-4.9% to BE
#3 2026-02-25
5.2% rise		 9d $92.28
Now +8.2%		 $90.43
$87.67		 $89.22 27 $3,263.69 $-1,602.36
(-49.1%)
Black-Scholes 		21d
Below BE
-11.9% to BE
MGM MGM Resorts International Consumer Discretionary 📈 📊 🔍
Current: $35.92
Debit: $9,945.50 Value: $10,701.99 P&L: $+756.49 (+7.6%)
Entry Date Held Stock Price Strikes
(Buy/Sell)		 Breakeven Contracts Cost P&L Status
#1 2026-03-05
1.2% rise		 1d $37.13
Now -3.3%		 $36.39
$35.27		 $35.90 68 $3,329.15 $+595.28
(+17.9%)
Black-Scholes 		29d
Below BE
-0.0% to BE
#2 2026-02-26
5.8% rise		 8d $37.62
Now -4.5%		 $36.87
$35.74		 $36.38 67 $3,310.53 $+840.42
(+25.4%)
Black-Scholes 		22d
In Profit
+1.3% to BE
#3 2026-02-24
2.3% rise		 10d $35.05
Now +2.5%		 $34.35
$33.30		 $33.89 72 $3,305.81 $-679.21
(-20.5%)
Black-Scholes 		20d
Below BE
-6.0% to BE
KMX CarMax Inc Consumer Discretionary 📈 📊 🔍
Current: $42.03
Debit: $9,863.17 Value: $12,343.75 P&L: $+2,480.59 (+25.2%)
Entry Date Held Stock Price Strikes
(Buy/Sell)		 Breakeven Contracts Cost P&L Status
#1 2026-02-26
1.9% rise		 8d $42.86
Now -1.9%		 $42.00
$40.72		 $41.44 59 $3,291.56 $+281.94
(+8.6%)
Black-Scholes 		22d
Below BE
-1.4% to BE
#2 2026-02-24
2.0% rise		 10d $43.15
Now -2.6%		 $42.29
$40.99		 $41.72 58 $3,286.39 $+408.06
(+12.4%)
Black-Scholes 		20d
Below BE
-0.7% to BE
#3 2026-02-18
8.0% rise		 16d $45.65
Now -7.9%		 $44.74
$43.37		 $44.14 55 $3,285.22 $+1,790.59
(+54.5%)
Black-Scholes 		14d
In Profit
+4.8% to BE