Hedge Assistant
Defined-risk adjustments to reduce exposure — diagnostics only, no orders are sent.
High Impact-$7.44k
Reduce Net Delta — beta-adjusted leverage is 5.13x equity
Buy 12 QQQ Sep 470 Puts
Δ
$534.9k → $320.9k
-$214.0k
Θ
-$250 → -$418
-$168
V
$2.34k → $4.86k
+$2.52k
Γ
$62 → $1.02k
+$960
Stress -5%: -$26.7k→ -$16.0k
Cuts -5% market stress loss from -$26.7k to -$16.0k for an estimated -$7.44k premium. Preserves upside in your long calls; sacrifices 7.13% of equity in carry.
High Impact-$420
Lower Leverage — uncovered short TSLA put has unlimited downside notional
Buy 4 TSLA Jul 200 Puts to convert to put credit spread
Δ
$534.9k → $535.1k
+$200
Θ
-$250 → -$272
-$22
V
$2.34k → $2.28k
-$60
Γ
$62 → $22
-$40
Stress -5%: -$8.40k→ -$2.10k
Converts naked short put into defined-risk credit spread. Max loss falls from ~$8.4k to ~$2.1k in a -10% TSLA scenario. You give up ~$0.42 of credit per contract.