Bear Put Spread (Directional Bearish)

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

Net Debit
$78,713.33
Current Value
$70,983.78
Total P&L
$-7,729.55
Return
-9.82%
Positions
24

Strategy Parameters

Positions by Stock (8 stocks, 24 entries)

TTD The Trade Desk, Inc. Technology 📈 📊 🔍
Current: $28.91
Debit: $9,968.82 Value: $6,501.32 P&L: $-3,467.50 (-34.8%)
Entry Date Held Stock Price Strikes
(Buy/Sell)		 Breakeven Contracts Cost P&L Status
#1 2026-03-05
18.4% rise		 1d $29.79
Now -3.0%		 $29.19
$28.30		 $28.77 79 $3,316.65 $+370.68
(+11.2%)
Black-Scholes 		29d
Below BE
-0.5% to BE
#2 2026-03-03
2.8% rise		 3d $25.00
Now +15.6%		 $24.50
$23.75		 $24.15 94 $3,326.63 $-1,759.91
(-52.9%)
Black-Scholes 		27d
Below BE
-19.7% to BE
#3 2026-02-24
3.2% rise		 10d $24.94
Now +15.9%		 $24.44
$23.69		 $24.09 94 $3,325.54 $-2,078.27
(-62.5%)
Black-Scholes 		20d
Below BE
-20.0% to BE
ZS Zscaler, Inc. Technology 📈 📊 🔍
Current: $163.63
Debit: $9,789.85 Value: $9,118.54 P&L: $-671.31 (-6.9%)
Entry Date Held Stock Price Strikes
(Buy/Sell)		 Breakeven Contracts Cost P&L Status
#1 2026-03-05
3.7% rise		 1d $161.96
Now +1.0%		 $158.72
$153.86		 $156.43 14 $3,203.54 $-137.58
(-4.3%)
Black-Scholes 		29d
Below BE
-4.6% to BE
#2 2026-03-03
4.1% rise		 3d $154.67
Now +5.8%		 $151.58
$146.94		 $149.40 15 $3,277.38 $-756.09
(-23.1%)
Black-Scholes 		27d
Below BE
-9.5% to BE
#3 2026-02-26
7.5% rise		 8d $167.36
Now -2.2%		 $164.01
$158.99		 $161.65 14 $3,308.93 $+222.36
(+6.7%)
Black-Scholes 		22d
Below BE
-1.2% to BE
TEAM Atlassian Corporation Technology 📈 📊 🔍
Current: $83.18
Debit: $9,791.88 Value: $8,093.63 P&L: $-1,698.25 (-17.3%)
Entry Date Held Stock Price Strikes
(Buy/Sell)		 Breakeven Contracts Cost P&L Status
#1 2026-03-05
7.4% rise		 1d $82.51
Now +0.8%		 $80.86
$78.38		 $79.70 28 $3,253.83 $-115.10
(-3.5%)
Black-Scholes 		29d
Below BE
-4.4% to BE
#2 2026-03-03
6.2% rise		 3d $78.38
Now +6.1%		 $76.81
$74.46		 $75.71 30 $3,303.56 $-818.30
(-24.8%)
Black-Scholes 		27d
Below BE
-9.9% to BE
#3 2026-02-26
8.5% rise		 8d $79.43
Now +4.7%		 $77.84
$75.46		 $76.72 29 $3,234.49 $-764.85
(-23.6%)
Black-Scholes 		22d
Below BE
-8.4% to BE
SMCI Super Micro Computer, Inc. Technology 📈 📊 🔍
Current: $31.72
Debit: $9,894.45 Value: $11,040.61 P&L: $+1,146.16 (+11.6%)
Entry Date Held Stock Price Strikes
(Buy/Sell)		 Breakeven Contracts Cost P&L Status
#1 2026-03-04
6.4% rise		 2d $32.65
Now -2.9%		 $32.00
$31.02		 $31.54 72 $3,292.63 $+370.29
(+11.2%)
Black-Scholes 		28d
Below BE
-0.5% to BE
#2 2026-02-25
7.9% rise		 9d $33.60
Now -5.6%		 $32.93
$31.92		 $32.46 70 $3,298.42 $+775.99
(+23.5%)
Black-Scholes 		21d
In Profit
+2.3% to BE
#3 2026-02-19
8.2% rise		 15d $32.16
Now -1.4%		 $31.52
$30.55		 $31.07 73 $3,303.40 $-0.12
(-0.0%)
Black-Scholes 		15d
Below BE
-2.1% to BE
GFS GlobalFoundries Inc. Technology 📈 📊 🔍
Current: $46.66
Debit: $9,847.45 Value: $11,370.47 P&L: $+1,523.02 (+15.5%)
Entry Date Held Stock Price Strikes
(Buy/Sell)		 Breakeven Contracts Cost P&L Status
#1 2026-03-05
1.6% rise		 1d $48.33
Now -3.5%		 $47.36
$45.91		 $46.68 49 $3,312.96 $+460.17
(+13.9%)
Black-Scholes 		29d
In Profit
+0.1% to BE
#2 2026-03-02
4.9% rise		 4d $49.87
Now -6.4%		 $48.87
$47.38		 $48.18 47 $3,266.48 $+875.00
(+26.8%)
Black-Scholes 		26d
In Profit
+3.1% to BE
#3 2026-02-27
1.3% rise		 7d $47.55
Now -1.9%		 $46.60
$45.17		 $45.93 49 $3,268.01 $+187.84
(+5.7%)
Black-Scholes 		23d
Below BE
-1.6% to BE
FIVN Five9, Inc. Technology 📈 📊 🔍
Current: $18.08
Debit: $9,939.33 Value: $10,096.91 P&L: $+157.58 (+1.6%)
Entry Date Held Stock Price Strikes
(Buy/Sell)		 Breakeven Contracts Cost P&L Status
#1 2026-03-05
2.0% rise		 1d $18.24
Now -0.9%		 $17.88
$17.33		 $17.62 129 $3,309.18 $+106.69
(+3.2%)
Black-Scholes 		29d
Below BE
-2.6% to BE
#2 2026-03-03
1.1% rise		 3d $17.66
Now +2.4%		 $17.31
$16.78		 $17.06 134 $3,312.30 $-360.85
(-10.9%)
Black-Scholes 		27d
Below BE
-6.0% to BE
#3 2026-02-26
4.8% rise		 8d $18.70
Now -3.3%		 $18.33
$17.77		 $18.07 127 $3,317.85 $+411.74
(+12.4%)
Black-Scholes 		22d
Below BE
-0.1% to BE
OKTA Okta, Inc. Technology 📈 📊 🔍
Current: $80.51
Debit: $9,809.74 Value: $7,287.63 P&L: $-2,522.10 (-25.7%)
Entry Date Held Stock Price Strikes
(Buy/Sell)		 Breakeven Contracts Cost P&L Status
#1 2026-03-05
11.0% rise		 1d $79.65
Now +1.1%		 $78.06
$75.67		 $76.96 30 $3,305.42 $-163.31
(-4.9%)
Black-Scholes 		29d
Below BE
-4.6% to BE
#2 2026-03-02
2.0% rise		 4d $73.97
Now +8.8%		 $72.49
$70.27		 $71.47 32 $3,274.29 $-1,233.03
(-37.7%)
Black-Scholes 		26d
Below BE
-12.7% to BE
#3 2026-02-26
3.1% rise		 8d $75.25
Now +7.0%		 $73.75
$71.49		 $72.71 31 $3,230.03 $-1,125.76
(-34.9%)
Black-Scholes 		22d
Below BE
-10.7% to BE
SHOP Shopify Inc. Technology 📈 📊 🔍
Current: $133.65
Debit: $9,671.82 Value: $7,474.67 P&L: $-2,197.15 (-22.7%)
Entry Date Held Stock Price Strikes
(Buy/Sell)		 Breakeven Contracts Cost P&L Status
#1 2026-03-05
4.0% rise		 1d $134.79
Now -0.8%		 $132.09
$128.05		 $130.23 17 $3,165.31 $+103.87
(+3.3%)
Black-Scholes 		29d
Below BE
-2.6% to BE
#2 2026-03-03
2.1% rise		 3d $121.87
Now +9.7%		 $119.43
$115.78		 $117.75 19 $3,196.48 $-1,264.47
(-39.6%)
Black-Scholes 		27d
Below BE
-13.5% to BE
#3 2026-02-26
4.7% rise		 8d $125.94
Now +6.1%		 $123.42
$119.64		 $121.68 19 $3,310.03 $-1,036.55
(-31.3%)
Black-Scholes 		22d
Below BE
-9.8% to BE