{
  "optionSymbol": "MSFT20260618P000150000",
  "underlying": "MSFT",
  "expiration": "2026-06-18",
  "strike": 150.00,
  "type": "put",
  "historicalDataRange": {
    "startDate": "2025-01-01",
    "endDate": "2026-05-01",
    "lastUpdated": "2026-05-01 12:00:00"
  },
  "optionInfo": {
    "delta": -0.15,
    "gamma": 0.02,
    "theta": -0.03,
    "vega": 0.25,
    "rho": -0.08,
    "impliedVolatility": 28.5,
    "theoreticalValue": 2.35,
    "daysToExpiration": 48,
    "inTheMoney": false,
    "moneyness": 0.36
  },
  "tradingCharacteristics": {
    "averageVolume": 50000,
    "openInterest": 125000,
    "bidAskSpread": 0.05,
    "liquidity": "Medium",
    "marketMakerActivity": "Moderate"
  },
  "riskMetrics": {
    "maxLoss": 2.35,
    "breakeven": 147.65,
    "probabilityOfITM": 0.15,
    "expectedValue": -0.45
  },
  "lastDataUpdate": "2026-05-01T18:00:00Z",
  "version": "1.0"
}