In the Option Strategy View, each component of an option strategy will be listed under the respective strategy.
Once you turn on the Option Strategy View, your P/L will be calculated based on the terms of the entire strategy.
Example: Say you hold a covered call on stock XYZ, the current price, cost per share, and P/L for the covered call position will be displayed as follows:
|
Symbol
|
Quantity
|
Current Price
|
Cost Per Share
|
P/L
|
|
Covered Stock
|
1
|
11
|
8
|
300
|
|
XYZ
|
100
|
14
|
10
|
400
|
|
XYZ CALL 20
|
-1
|
3
|
2
|
-100
|
Then you continue to establish a vertical spread on stock XYZ by selling one XYZ call 20 at $4 and buying one XYZ CALL 16 at $4.5, and your covered call position and vertical spread position will be displayed separately as follows:
|
Symbol
|
Quantity
|
Current Price
|
Cost Per Share
|
P/L
|
|
Covered Stock
|
1
|
10
|
7
|
300
|
|
XYZ
|
100
|
15
|
10
|
500
|
|
XYZ CALL 20
|
-1
|
5
|
3
|
-200
|
|
Vertical
|
1
|
2
|
1.5
|
50
|
|
XYZ CALL 16
|
1
|
7
|
4.5
|
250
|
|
XYZ CALL 20
|
-1
|
5
|
3
|
-200
|
The Option Strategy View is turned on by default. To turn off the Option Strategy View, please go to:
● Me > Settings > Accounts Page & Position > Show Option Strategy View.
