Help understand how this options being calculated

[Bushwacked9]

I am curious how the math works out on this ... I am not even sure where to start as I've tried to think through several scenarios and they don't come out even close ...

First $ column is p/l open and the next one is p/l day

Here is the details when I click into so I know the actual p/l easier ...

Any help is greatly appreciated!!

Thanks!

 

[Option_Attack]

Not sure if this is what you are wanting but here goes. You are currently losing on your longs and winning on the short legs. For a net of -$3.10. Not sure why the open positions add up to +6.

The second numbers work something like this: (At SPY close) 0.20 cost, minus 0.13 bid, times 5, times 100, minus commission = -$36. You are losing $36 on the 292.5 puts.

 

[Bushwacked9]

Ya that makes some sense ... Thanks for that.

 

[tommcginnis]

I get a kick out of some of these.....

Okay, here's what I've got:
• you had a rotten 5-lot of short iron condors, you were getting killed on the top side. (3015 short, going at Oct25...)
• yesterday's/overnight drop has nearly got you back to positive, with your loss reduced to -$3.10 overall, having gained $50 yesterday.
• the S&P drop produced a $45 gain on top, while only producing a $5 gain[!] on bottom, hello skew.

When gamma gets to 1/10th of delta, things get "interesting." That screenshot suggests that position has a gamma/delta of about 5/10ths. So, eh, good luck with that. A 1% day puts those calls ITM.

 

[Bushwacked9]

Ya they are getting close to being ITM ... At the moment I'm about $60 green out of a max $155 profit. I'll probably be closing tonight when I get home.