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    First time with options: How did I lose so much money?

    Nevermind, I figured out the problem. Mods can delete this thread.
  2. N

    First time with options: How did I lose so much money?

    Forgot to say that I'm using Interactive Brokers.
  3. N

    First time with options: How did I lose so much money?

    This morning 8/24 I sold 2 contracts of QQQ Sep30'15 120 naked calls. It's showing average fill price of $1.498. It's also showing a P&L of -$7,477 and a realized P&L of -$7,182. How is it possible that I would have any loss beyond the premiums I collected which should amount to $1.498*2...
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