MANAGED by

Replace all SRPs with the CRPs in the settlement calculation

Replace the SRPs of all

Replace the SRPs of all 85-95% strikes with the CRPs

Replace the SRPs of all 95-105% strikes with the CRPs

Replace the SRPs of all >105% strikes with the CRPs

MIN(CRP1, CRP2), MAX(CRP1, CRP2) for each SPY strike

Bounded by SPIKES values calculated using the CRP1s or the CRP2s

Bounded by SPIKES values calculated using the CRP_MINs or the CRP_MAXs