Bear Put Spread (Directional Bearish)

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

Net Debit
$29,576.39
Current Value
$38,385.00
Total P&L
$+8,808.61
Return
+29.78%
Positions
9

Strategy Parameters

Positions by Stock (3 stocks, 9 entries)

MRNA Moderna, Inc. Healthcare 📈 📊 🔍
Current: $52.20
Debit: $9,832.00 Value: $10,972.12 P&L: $+1,140.13 (+11.6%)
Entry Date Held Stock Price Strikes
(Buy/Sell)		 Breakeven Contracts Cost P&L Status
#1 2026-03-04
16.0% rise		 2d $57.80
Now -9.7%		 $56.64
$54.91		 $55.82 40 $3,275.16 $+1,226.76
(+37.5%)
Black-Scholes 		28d
In Profit
+6.5% to BE
#2 2026-02-27
3.6% rise		 7d $53.57
Now -2.6%		 $52.50
$50.89		 $51.74 43 $3,277.00 $+267.03
(+8.1%)
Black-Scholes 		23d
Below BE
-0.9% to BE
#3 2026-02-25
1.7% rise		 9d $51.37
Now +1.6%		 $50.34
$48.80		 $49.61 45 $3,279.83 $-353.66
(-10.8%)
Black-Scholes 		21d
Below BE
-5.2% to BE
BAX Baxter International Inc. Healthcare 📈 📊 🔍
Current: $17.81
Debit: $9,957.25 Value: $17,883.91 P&L: $+7,926.66 (+79.6%)
Entry Date Held Stock Price Strikes
(Buy/Sell)		 Breakeven Contracts Cost P&L Status
#1 2026-02-20
1.1% rise		 14d $21.58
Now -17.5%		 $21.15
$20.50		 $20.85 110 $3,312.26 $+2,838.73
(+85.7%)
Black-Scholes 		16d
In Profit
+14.6% to BE
#2 2026-02-18
5.4% rise		 16d $21.87
Now -18.6%		 $21.43
$20.78		 $21.13 110 $3,312.37 $+3,071.13
(+92.7%)
Black-Scholes 		14d
In Profit
+15.7% to BE
#3 2026-02-13
5.8% rise		 21d $19.79
Now -10.0%		 $19.39
$18.80		 $19.12 122 $3,332.62 $+2,016.80
(+60.5%)
Black-Scholes 		9d
In Profit
+6.8% to BE
ILMN Illumina, Inc. Healthcare 📈 📊 🔍
Current: $124.69
Debit: $9,787.14 Value: $9,528.96 P&L: $-258.17 (-2.6%)
Entry Date Held Stock Price Strikes
(Buy/Sell)		 Breakeven Contracts Cost P&L Status
#1 2026-02-27
5.5% rise		 7d $134.46
Now -7.3%		 $131.77
$127.74		 $130.05 19 $3,265.93 $+1,560.18
(+47.8%)
Black-Scholes 		23d
In Profit
+4.1% to BE
#2 2026-02-24
2.0% rise		 10d $122.90
Now +1.5%		 $120.44
$116.76		 $118.87 21 $3,296.29 $-516.51
(-15.7%)
Black-Scholes 		20d
Below BE
-4.9% to BE
#3 2026-02-18
3.1% rise		 16d $120.09
Now +3.8%		 $117.69
$114.09		 $116.15 21 $3,224.92 $-1,301.85
(-40.4%)
Black-Scholes 		14d
Below BE
-7.4% to BE