ES Hedge Calculator

Only enter these

Trade side

ES contracts

Trade grade

Entry

Stop / wrong level

That’s it.
The calculator auto-picks ES options, strike spacing, spread width, danger price, and max debit.

Advanced overrides — usually leave closed

Option product

Multiplier

Strike increment

Hedge % override

Spread width override

Max cost % risk

Actual quoted debit, optional check

ES risk

Protection target

Buy

Do not pay over

Why these strikes?
If price flushes to danger zone
Cost target
If too expensive