Changing Intrinsic value

I am a bit perplexed by what’s going on with my multilegged options strategy, it appears that the intrinsic value is changing daily, sometimes in a rather large deviation from when it was first put on. Maxiumum loss as intially calculated is changing on an hourly basis. Does this happen to you folks normally?

 

https://www.elitetrader.com/et/threads/why-is-my-loss-larger-than-expected-max-loss.382867/

 

Maybe the greeks are through the roof.
We don’t know what is your exposure.
We don’t know what’s the underlying.

If the underlying is experiencing unusual activity + high exposure to multiple greeks then option prices might be volatile.

I don’t know though the only sure thing is theta running against me in an exponential fashion.

 

Delta -8.17
Gamma 0
Theta 399
Vegas 160
Rho -0..5

 

All I can say is delta is pretty high,
For a 1pt move in the underlying your position +- 800$ x nbr of contract.

 

I think the entire calculation from my brokerage is wrong, something is off about how the system is computing this setup.

 

we don’t know what your structure is what the max loss calculation is you are referring to you.