haha yeah, well i havent blown up my account yet. been playing with the same money for 8 years. just started options about 1.5 years ago.
closed the sept 4 call, total loss for all three about $300 bought sept 11, 198 call for 1.30. short put - same short stock - same
hi, badlucktrades) next time just use any kind of pnl charting software to avoid manual calculations and to know where your risks are.
here's mine: www.optionpnl.info corresponding ET's thread: http://www.elitetrader.com/et/index.php?threads/online-strategy-p-l-calculator.287830/
I don't find your site too user friendly. There isn't a feature (from what I've seen) to be short stock, long stock, short/long options. If there is, its not really clear.
to start from something, please have a closer look at my last post on the mentioned thread. especially notice the second pic, it shows some strategy which consists from: long 1 put (115 strike, Sep 18 expiration), short 1 put (116 strike, Sep 25 expiration) and long 5 stock (yes, that's odd lot). may be you didn't notice the "plus" button to add a leg?
Yes I've used it. I found problems with the following. Don't take this offensively, just giving you some insight into what I found not user friendly. 1) I think you should rename "volume" to position size or something that signifies contract/shares. volume means something else to most people. 2 )I think you should restrict the zooming in or out of the graph. 3) I think you should make the profit/loss side numbers bigger 4) maybe colour code the profit areas?