Options traders

Manage your spreads without treating it like a full-time job

You understand the value of leverage, margin, and have a defined set of entry parameters and management strategies you want to follow

You understand the value of compounding high-probability trades with positive expected value

But when it comes to managing your short puts, iron condors, strangles, and ratio spreads, it takes countless hours per week to execute

Get one month free

Join the invite-only beta launch

You know exactly what decisions you want to make, but you don't have the tools to execute

Vault Vantage does the heavy lifting for you. We compute your max loss, expected value, CVaR, and margin-adjusted buying power reduction for you so that you can use your buying power to it's fullest without losing any sleep

All Options Accounts

Account Value Total value of all positions plus cash	Total BPR Total buying power reduction across all positions	Buying Power Available capital for new positions	Cash Cash balance in the account	Unrealized PnL Profit or loss on open positions	Realized PnL Profit or loss from closed positions	Θ Theta: portfolio daily time decay	V Vega: portfolio sensitivity to implied volatility	Δ Delta: portfolio directional exposure	Γ Gamma: rate of change of portfolio delta	βΔ Beta-weighted delta: SPY-equivalent directional exposure
352,000	204,075	147,925	67,000	29,495	23,900	-	-	48,150	-	-

Ticker The underlying stock or ETF ticker symbol	Name Full name of the position or strategy	Count Number of contracts or shares held	Debit Total debit paid to enter the position (negative for credits)	Price Current market price	Avg Cost Average purchase price	Currency Currency code	PnL Current profit and loss	Today's Δ % Percentage change in position value today	IV Implied volatility (annualized)	PoP Probability of Profit at expiration	CVaR Conditional Value at Risk (expected loss in worst 5% scenarios)	Max Loss Maximum potential loss at expiration	Max Loss @ Underlying price(s) where max loss occurs	Max Gain Maximum potential gain at expiration	Max Gain @ Underlying price(s) where max gain occurs	BPR Buying Power Reduction (margin/capital required for position)	% Percentage of total portfolio value represented by this position	DTE Days to expiration (minimum across all legs for spreads)	Δ Delta: approximate change in position value per $1 move in underlying	Γ Gamma: rate of change of delta	Θ Theta: daily time decay (negative for long options)	V Vega: sensitivity to implied volatility changes
AAPL	Stock	100	17,500	195	175	USD	2,000	-	-	-	-	17,500	0	∞	∞	9,750	2.77%	-	100	-	-	-
AMZN	Stock	140	26,600	218	190	USD	3,920	-	-	-	-	26,600	0	∞	∞	15,260	4.34%	-	140	-	-	-
META	Stock	70	31,850	510	455	USD	3,850	-	-	-	-	31,850	0	∞	∞	17,850	5.07%	-	70	-	-	-
NVDA	Stock	80	36,000	525	450	USD	6,000	-	-	-	-	36,000	0	∞	∞	42,000	11.93%	-	80	-	-	-
SPY	Stock	120	64,475	600	535	USD	7,525	-	-	-	-	64,475	0	∞	∞	52,500	14.91%	-	120	-	-	-
TSLA	Covered Call	1	379.5	-	-		4,730	-	-	-	-	37,950	0	7,050	≥ $450	22,500	6.39%	0	-	-	-	-
SPY	Iron Condor	1	-3.1	-	-		245	-	-	-	-	690	≤ $640, ≥ $730	310	650 - 720	690	0.2%	0	-	-	-	-
AAPL	Call Debit Spread	1	3.5	-	-		140	-	-	-	-	350	≤ $210	650	≥ $220	350	0.1%	0	-	-	-	-
AMZN	Call Debit Spread	1	2.85	-	-		145	-	-	-	-	285	≤ $220	715	≥ $230	285	0.08%	0	-	-	-	-
NVDA	Call Credit Spread	1	-4	-	-		110	-	-	-	-	1,600	≥ $580	400	≤ $560	1,600	0.45%	0	-	-	-	-
SPY	Put Credit Spread	1	-4	-	-		180	-	-	-	-	600	≤ $560	400	≥ $570	600	0.17%	0	-	-	-	-
TSLA	Put Credit Spread	1	-6	-	-		210	-	-	-	-	1,400	≤ $360	600	≥ $380	1,400	0.4%	0	-	-	-	-
GOOGL	Call Ratio Spread (1:2)	1	2.4	-	-		180	-	-	-	-	∞	∞	760	195	4,245	1.21%	0	-	-	-	-
SPY	Put Ratio Spread (1:2)	1	-5.3	-	-		310	-	-	-	-	55,470	0	4,530	600	15,845	4.5%	0	-	-	-	-
AAPL	Short Put	-2	-4.8	3.55	4.8	USD	-230	-	-	-	-	20,520	0	480	≥ $210	8,400	2.39%	0	-	-	-	-
META	Short Call	-1	-8.4	6.6	8.4	USD	180	-	-	-	-	∞	∞	840	≤ $540	10,800	3.07%	0	-	-	-	-

Group by:

P&L

Winners and losers across positions

Unrealized

Realized

+$23900.00

Portfolio Allocation

Position weight by buying power reduction

Risk shown where you actually carry it

Many brokerages don't show you your spreads correctly. They might show you an Iron Condor as four different option positions, one of which is shown to you as a short call with infinite loss. Or maybe it shows up correctly at first, but then once you roll one of the sides, it shows up in your account as two credit spreads

Vault Vantage shows your spreads correctly so you can manage them based on accurate metrics such as max loss and expected value

Join the exclusive-access beta launch

Be the first to manage your advanced strategies without losing sleep

Get one month free

Join the invite-only beta launch