Multi-leg with differing entry and expiry dates What result do you get for this multi-leg trade at expiration of the 1st leg, for Spot=100 ? : Code: Leg1: ShortPut: DayOffset=0.00 Spot=100.00 DTE=30.00 Strike=100.00 Premium=17.0247 (IV=150.00) Leg2: LongPut: DayOffset=10.00 Spot=100.00 DTE=35.00 Strike=90.00 Premium=12.8855 (IV=150.00) Ie. the LongPut gets opened 10 days later and expires 15 days (=10+35-30) later than the ShortPut. The tools I tested give these results: PnL=11.2956 or PnL=8.2005 What result gives your tool or calc?
Hey @Overnight, stop spamming the thread with your usual stupidity. The thread is for experts, not for such spam dumbos like you.
My tool gives the above said result of 11.2956. Here a full result table for the range -3SD to +150% around the initial spot for the said DayOffset DO=30, incl. Greeks : Code: Put Spread S(fL=0 DO=0.000 S=100.0000 DTE=30.0000 K=100.00 Pr=17.0247 IV=150.0000 Q=1 NP=17.0247 CB=82.9753 AR=82.9753) L(fL=1 DO=10.000 S=100.0000 DTE=35.0000 K=90.00 Pr=12.8855 IV=150.0000 Q=1 NP=-12.8855 CB=12.8855 AR=0.0000) fE=0 fCashAcct=1/SubType=4 ScoreMethod=0 Ticker=XXXX rPct=0.0000 qPct=0.0000 ParStepSx=5.0000 Fm_fUsePct=0 Fm_Pct_or_SD=-3.0000 To_fUsePct=1 To_Pct_or_SD=150.0000 EndS(DO=30.000 S=100.0000 S_IV=150.0000 L_IV=150.0000 minSx=27.5241(-72.48% z=-3.00) maxSx=250.0000(150.00% z=2.13) stepSx=5.0000) EndU(DO=30.000 S=100.0000 S_IV=150.0000 L_IV=150.0000 minSx=27.5241(-72.48% z=-3.00) maxSx=250.0000(150.00% z=2.13) stepSx=5.0000) Cur(DO=30.000 S=100.0000 S_IV=150.0000 L_IV=150.0000 minSx=27.5241(-72.48% z=-3.00) maxSx=250.0000(150.00% z=2.13) stepSx=5.0000) CB_at_S_init(DO=0.000 NP=17.0247 CBraw=82.9753 CB=82.9753 AR=82.9753) CB_at_first_L_init(DO=10.000 NP=4.1392 CBraw=95.8608 CB=95.8608 AR=82.9753) CB_at_last_L_init(DO=10.000 NP=4.1392 CBraw=95.8608 CB=95.8608 AR=82.9753) Area_at_EndS(DO=30.000 S0=100.0000 sSx=27.5241(-72.48% z=-3.00) eSx=250.0000(150.00% z=2.13) APos=862.85(76.72%) ANeg=261.82(23.28%) Area_at_EndU(DO=30.000 S0=100.0000 sSx=27.5241(-72.48% z=-3.00) eSx=250.0000(150.00% z=2.13) APos=862.85(76.72%) ANeg=261.82(23.28%) print_result_tab(DO=30.000/30.000 RDTE(S=0.00 L=15.00); L_PrR=7.1566 L_PrU=5.7289 L_PrN=8.8242 L_PrS=3.0953(35.08%); using EndU) : 250.0000 (150.00% z=2.1307 ): EndS.maxSx, EndS.zMax, EndU.maxSx, EndU.zMax S(Pr=0.0000 PL=17.0247 ( 20.52% ) D=0.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=0.0046 PL=-12.8809(-99.96% ) D=-0.0002 V=0.0004 G=0.0000 T=-0.0021 R=-0.0000) L.hiD, L.loPL SL( PL=4.1438 ( 4.32% ) D=-0.0002 V=0.0004 G=0.0000 T=-0.0021 R=-0.0000) 245.0000 (145.00% z=2.0837 ): S(Pr=0.0000 PL=17.0247 ( 20.52% ) D=0.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=0.0058 PL=-12.8797(-99.95% ) D=-0.0003 V=0.0005 G=0.0000 T=-0.0026 R=-0.0000) SL( PL=4.1450 ( 4.32% ) D=-0.0003 V=0.0005 G=0.0000 T=-0.0026 R=-0.0000) 240.0000 (140.00% z=2.0358 ): S(Pr=0.0000 PL=17.0247 ( 20.52% ) D=0.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=0.0075 PL=-12.8781(-99.94% ) D=-0.0004 V=0.0006 G=0.0000 T=-0.0032 R=-0.0000) SL( PL=4.1466 ( 4.33% ) D=-0.0004 V=0.0006 G=0.0000 T=-0.0032 R=-0.0000) 236.3334 (136.33% z=2.0000 ): 2SD S(Pr=0.0000 PL=17.0247 ( 20.52% ) D=0.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=0.0089 PL=-12.8766(-99.93% ) D=-0.0004 V=0.0008 G=0.0000 T=-0.0038 R=-0.0000) SL( PL=4.1481 ( 4.33% ) D=-0.0004 V=0.0008 G=0.0000 T=-0.0038 R=-0.0000) 235.0000 (135.00% z=1.9868 ): S(Pr=0.0000 PL=17.0247 ( 20.52% ) D=0.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=0.0095 PL=-12.8760(-99.93% ) D=-0.0005 V=0.0008 G=0.0000 T=-0.0040 R=-0.0000) L.hiR SL( PL=4.1487 ( 4.33% ) D=-0.0005 V=0.0008 G=0.0000 T=-0.0040 R=-0.0000) SL.hiR 230.0000 (130.00% z=1.9368 ): S(Pr=0.0000 PL=17.0247 ( 20.52% ) D=0.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=0.0122 PL=-12.8733(-99.91% ) D=-0.0006 V=0.0010 G=0.0000 T=-0.0049 R=-0.0001) SL( PL=4.1514 ( 4.33% ) D=-0.0006 V=0.0010 G=0.0000 T=-0.0049 R=-0.0001) 225.0000 (125.00% z=1.8857 ): S(Pr=0.0000 PL=17.0247 ( 20.52% ) D=0.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=0.0156 PL=-12.8699(-99.88% ) D=-0.0008 V=0.0012 G=0.0000 T=-0.0061 R=-0.0001) SL( PL=4.1548 ( 4.33% ) D=-0.0008 V=0.0012 G=0.0000 T=-0.0061 R=-0.0001) 220.0000 (120.00% z=1.8335 ): S(Pr=0.0000 PL=17.0247 ( 20.52% ) D=0.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=0.0200 PL=-12.8655(-99.84% ) D=-0.0010 V=0.0015 G=0.0001 T=-0.0075 R=-0.0001) SL( PL=4.1592 ( 4.34% ) D=-0.0010 V=0.0015 G=0.0001 T=-0.0075 R=-0.0001) 215.0000 (115.00% z=1.7800 ): S(Pr=0.0000 PL=17.0247 ( 20.52% ) D=0.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=0.0257 PL=-12.8598(-99.80% ) D=-0.0013 V=0.0018 G=0.0001 T=-0.0092 R=-0.0001) SL( PL=4.1649 ( 4.34% ) D=-0.0013 V=0.0018 G=0.0001 T=-0.0092 R=-0.0001) 210.0000 (110.00% z=1.7253 ): S(Pr=0.0000 PL=17.0247 ( 20.52% ) D=0.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=0.0330 PL=-12.8525(-99.74% ) D=-0.0016 V=0.0023 G=0.0001 T=-0.0113 R=-0.0002) SL( PL=4.1722 ( 4.35% ) D=-0.0016 V=0.0023 G=0.0001 T=-0.0113 R=-0.0002) 205.0000 (105.00% z=1.6693 ): S(Pr=0.0000 PL=17.0247 ( 20.52% ) D=0.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=0.0424 PL=-12.8431(-99.67% ) D=-0.0021 V=0.0028 G=0.0001 T=-0.0139 R=-0.0002) SL( PL=4.1815 ( 4.36% ) D=-0.0021 V=0.0028 G=0.0001 T=-0.0139 R=-0.0002) 200.0000 (100.00% z=1.6118 ): S(Pr=0.0000 PL=17.0247 ( 20.52% ) D=0.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=0.0544 PL=-12.8311(-99.58% ) D=-0.0027 V=0.0034 G=0.0001 T=-0.0171 R=-0.0002) SL( PL=4.1936 ( 4.37% ) D=-0.0027 V=0.0034 G=0.0001 T=-0.0171 R=-0.0002) 195.0000 (95.00% z=1.5530 ): S(Pr=0.0000 PL=17.0247 ( 20.52% ) D=0.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=0.0700 PL=-12.8155(-99.46% ) D=-0.0035 V=0.0042 G=0.0002 T=-0.0209 R=-0.0003) SL( PL=4.2092 ( 4.39% ) D=-0.0035 V=0.0042 G=0.0002 T=-0.0209 R=-0.0003) 190.0000 (90.00% z=1.4926 ): S(Pr=0.0000 PL=17.0247 ( 20.52% ) D=0.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=0.0900 PL=-12.7955(-99.30% ) D=-0.0045 V=0.0051 G=0.0002 T=-0.0255 R=-0.0004) SL( PL=4.2292 ( 4.41% ) D=-0.0045 V=0.0051 G=0.0002 T=-0.0255 R=-0.0004) 185.0000 (85.00% z=1.4305 ): S(Pr=0.0000 PL=17.0247 ( 20.52% ) D=0.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=0.1158 PL=-12.7697(-99.10% ) D=-0.0058 V=0.0062 G=0.0003 T=-0.0311 R=-0.0005) SL( PL=4.2550 ( 4.44% ) D=-0.0058 V=0.0062 G=0.0003 T=-0.0311 R=-0.0005) 180.0000 (80.00% z=1.3668 ): S(Pr=0.0000 PL=17.0247 ( 20.52% ) D=0.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=0.1491 PL=-12.7364(-98.84% ) D=-0.0075 V=0.0076 G=0.0004 T=-0.0379 R=-0.0006) SL( PL=4.2883 ( 4.47% ) D=-0.0075 V=0.0076 G=0.0004 T=-0.0379 R=-0.0006) 175.0000 (75.00% z=1.3013 ): S(Pr=0.0000 PL=17.0247 ( 20.52% ) D=0.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=0.1918 PL=-12.6937(-98.51% ) D=-0.0097 V=0.0092 G=0.0005 T=-0.0459 R=-0.0008) SL( PL=4.3310 ( 4.52% ) D=-0.0097 V=0.0092 G=0.0005 T=-0.0459 R=-0.0008) 170.0000 (70.00% z=1.2339 ): S(Pr=0.0000 PL=17.0247 ( 20.52% ) D=0.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=0.2468 PL=-12.6387(-98.08% ) D=-0.0124 V=0.0111 G=0.0006 T=-0.0555 R=-0.0010) SL( PL=4.3860 ( 4.58% ) D=-0.0124 V=0.0111 G=0.0006 T=-0.0555 R=-0.0010) 165.0000 (65.00% z=1.1645 ): S(Pr=0.0000 PL=17.0247 ( 20.52% ) D=0.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=0.3174 PL=-12.5681(-97.54% ) D=-0.0160 V=0.0134 G=0.0008 T=-0.0668 R=-0.0012) SL( PL=4.4566 ( 4.65% ) D=-0.0160 V=0.0134 G=0.0008 T=-0.0668 R=-0.0012) 160.0000 (60.00% z=1.0929 ): S(Pr=0.0000 PL=17.0247 ( 20.52% ) D=0.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=0.4080 PL=-12.4775(-96.83% ) D=-0.0205 V=0.0160 G=0.0010 T=-0.0801 R=-0.0015) SL( PL=4.5472 ( 4.74% ) D=-0.0205 V=0.0160 G=0.0010 T=-0.0801 R=-0.0015) 155.0000 (55.00% z=1.0191 ): S(Pr=0.0000 PL=17.0247 ( 20.52% ) D=0.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=0.5241 PL=-12.3614(-95.93% ) D=-0.0262 V=0.0191 G=0.0013 T=-0.0955 R=-0.0019) SL( PL=4.6633 ( 4.86% ) D=-0.0262 V=0.0191 G=0.0013 T=-0.0955 R=-0.0019) 153.7314 (53.73% z=1.0000 ): 1SD S(Pr=0.0000 PL=17.0247 ( 20.52% ) D=0.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=0.5584 PL=-12.3271(-95.67% ) D=-0.0279 V=0.0200 G=0.0014 T=-0.0998 R=-0.0020) SL( PL=4.6976 ( 4.90% ) D=-0.0279 V=0.0200 G=0.0014 T=-0.0998 R=-0.0020) 150.0000 (50.00% z=0.9429 ): S(Pr=0.0000 PL=17.0247 ( 20.52% ) D=0.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=0.6726 PL=-12.2129(-94.78% ) D=-0.0335 V=0.0227 G=0.0016 T=-0.1133 R=-0.0023) SL( PL=4.8118 ( 5.02% ) D=-0.0335 V=0.0227 G=0.0016 T=-0.1133 R=-0.0023) 145.0000 (45.00% z=0.8640 ): S(Pr=0.0000 PL=17.0247 ( 20.52% ) D=0.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=0.8621 PL=-12.0234(-93.31% ) D=-0.0427 V=0.0267 G=0.0021 T=-0.1335 R=-0.0029) SL( PL=5.0013 ( 5.22% ) D=-0.0427 V=0.0267 G=0.0021 T=-0.1335 R=-0.0029) 140.0000 (40.00% z=0.7824 ): S(Pr=0.0000 PL=17.0247 ( 20.52% ) D=0.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=1.1033 PL=-11.7822(-91.44% ) D=-0.0542 V=0.0312 G=0.0026 T=-0.1561 R=-0.0036) SL( PL=5.2425 ( 5.47% ) D=-0.0542 V=0.0312 G=0.0026 T=-0.1561 R=-0.0036) 135.0000 (35.00% z=0.6979 ): S(Pr=0.0000 PL=17.0247 ( 20.52% ) D=0.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=1.4094 PL=-11.4761(-89.06% ) D=-0.0687 V=0.0362 G=0.0032 T=-0.1811 R=-0.0044) SL( PL=5.5486 ( 5.79% ) D=-0.0687 V=0.0362 G=0.0032 T=-0.1811 R=-0.0044) 130.0000 (30.00% z=0.6101 ): S(Pr=0.0000 PL=17.0247 ( 20.52% ) D=0.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=1.7963 PL=-11.0892(-86.06% ) D=-0.0867 V=0.0416 G=0.0040 T=-0.2081 R=-0.0054) SL( PL=5.9355 ( 6.19% ) D=-0.0867 V=0.0416 G=0.0040 T=-0.2081 R=-0.0054) 125.0000 (25.00% z=0.5189 ): S(Pr=0.0000 PL=17.0247 ( 20.52% ) D=0.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=2.2834 PL=-10.6021(-82.28% ) D=-0.1089 V=0.0473 G=0.0049 T=-0.2365 R=-0.0065) SL( PL=6.4226 ( 6.70% ) D=-0.1089 V=0.0473 G=0.0049 T=-0.2365 R=-0.0065) 120.0000 (20.00% z=0.4240 ): S(Pr=0.0000 PL=17.0247 ( 20.52% ) D=0.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=2.8937 PL=-9.9918 (-77.54% ) D=-0.1361 V=0.0531 G=0.0060 T=-0.2655 R=-0.0079) SL( PL=7.0329 ( 7.34% ) D=-0.1361 V=0.0531 G=0.0060 T=-0.2655 R=-0.0079) 115.0000 (15.00% z=0.3250 ): S(Pr=0.0000 PL=17.0247 ( 20.52% ) D=0.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=3.6538 PL=-9.2317 (-71.64% ) D=-0.1690 V=0.0588 G=0.0072 T=-0.2938 R=-0.0095) SL( PL=7.7930 ( 8.13% ) D=-0.1690 V=0.0588 G=0.0072 T=-0.2938 R=-0.0095) 110.0000 (10.00% z=0.2216 ): S(Pr=0.0000 PL=17.0247 ( 20.52% ) D=0.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=4.5944 PL=-8.2911 (-64.34% ) D=-0.2084 V=0.0640 G=0.0086 T=-0.3199 R=-0.0113) SL( PL=8.7336 ( 9.11% ) D=-0.2084 V=0.0640 G=0.0086 T=-0.3199 R=-0.0113) 105.0000 (5.00% z=0.1135 ): S(Pr=0.0000 PL=17.0247 ( 20.52% ) D=0.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) S.hiPL, S.loD L(Pr=5.7498 PL=-7.1357 (-55.38% ) D=-0.2550 V=0.0683 G=0.0101 T=-0.3417 R=-0.0134) SL( PL=9.8890 ( 10.32% ) D=-0.2550 V=0.0683 G=0.0101 T=-0.3417 R=-0.0134) SL.loD 100.0000 (0.00% z=0.0000 ): 0SD, EndS.S, EndS.midSx, EndS.zMid, EndU.S, EndU.midSx, EndU.zMid S(Pr=0.0002 PL=17.0245 ( 20.52% ) D=0.5000 V=-0.0000 G=-841.0442 T=25922.5944 R=0.0000 ) S.K, S.S, S.hiT, S.loG L(Pr=7.1566 PL=-5.7289 (-44.46% ) D=-0.3091 V=0.0714 G=0.0116 T=-0.3571 R=-0.0156) L.S SL( PL=11.2956 ( 11.78% ) D=0.1909 V=0.0714 G=-841.0326 T=25922.2373 R=-0.0156) SL.hiPL, SL.hiT, SL.loG 95.0000 (-5.00% z=-0.1193 ): S(Pr=5.0000 PL=12.0247 ( 14.49% ) D=1.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=8.8530 PL=-4.0325 (-31.29% ) D=-0.3708 V=0.0728 G=0.0131 T=-0.3638 R=-0.0181) L.hiV, L.loT SL( PL=7.9922 ( 8.34% ) D=0.6292 V=0.0728 G=0.0131 T=-0.3638 R=-0.0181) SL.hiD, SL.hiV, SL.loT 90.0000 (-10.00% z=-0.2450 ): S(Pr=10.0000 PL=7.0247 ( 8.47% ) D=1.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=10.8761 PL=-2.0094 (-15.59% ) D=-0.4396 V=0.0720 G=0.0144 T=-0.3598 R=-0.0207) L.K SL( PL=5.0153 ( 5.23% ) D=0.5604 V=0.0720 G=0.0144 T=-0.3598 R=-0.0207) 85.0000 (-15.00% z=-0.3779 ): S(Pr=15.0000 PL=2.0247 ( 2.44% ) D=1.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=13.2587 PL=0.3732 ( 2.90% ) D=-0.5143 V=0.0687 G=0.0154 T=-0.3435 R=-0.0234) SL( PL=2.3979 ( 2.50% ) D=0.4857 V=0.0687 G=0.0154 T=-0.3435 R=-0.0234) 80.0000 (-20.00% z=-0.5189 ): S(Pr=20.0000 PL=-2.9753 (-3.59% ) D=1.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=16.0260 PL=3.1405 ( 24.37% ) D=-0.5930 V=0.0629 G=0.0160 T=-0.3147 R=-0.0261) SL( PL=0.1652 ( 0.17% ) D=0.4070 V=0.0629 G=0.0160 T=-0.3147 R=-0.0261) 79.5912 (-20.41% z=-0.5308 ): S(Pr=20.4088 PL=-3.3841 (-4.08% ) D=1.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=16.2698 PL=3.3843 ( 26.26% ) D=-0.5995 V=0.0624 G=0.0160 T=-0.3118 R=-0.0263) L.hiG SL( PL=0.0001 ( 0.00% ) D=0.4005 V=0.0624 G=0.0160 T=-0.3118 R=-0.0263) SL.BE, SL.hiG 75.0000 (-25.00% z=-0.6690 ): S(Pr=25.0000 PL=-7.9753 (-9.61% ) D=1.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=19.1907 PL=6.3052 ( 48.93% ) D=-0.6728 V=0.0549 G=0.0158 T=-0.2744 R=-0.0286) SL( PL=-1.6701 (-1.74% ) D=0.3272 V=0.0549 G=0.0158 T=-0.2744 R=-0.0286) 70.0000 (-30.00% z=-0.8294 ): S(Pr=30.0000 PL=-12.9753(-15.64% ) D=1.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=22.7494 PL=9.8639 ( 76.55% ) D=-0.7500 V=0.0451 G=0.0149 T=-0.2255 R=-0.0309) SL( PL=-3.1114 (-3.25% ) D=0.2500 V=0.0451 G=0.0149 T=-0.2255 R=-0.0309) 65.0485 (-34.95% z=-1.0000 ): -1SD S(Pr=34.9515 PL=-17.9268(-21.60% ) D=1.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=26.6399 PL=13.7543 ( 106.74% ) D=-0.8201 V=0.0346 G=0.0133 T=-0.1730 R=-0.0329) SL( PL=-4.1724 (-4.35% ) D=0.1799 V=0.0346 G=0.0133 T=-0.1730 R=-0.0329) 65.0000 (-35.00% z=-1.0017 ): S(Pr=35.0000 PL=-17.9753(-21.66% ) D=1.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=26.6797 PL=13.7942 ( 107.05% ) D=-0.8207 V=0.0345 G=0.0132 T=-0.1724 R=-0.0329) SL( PL=-4.1811 (-4.36% ) D=0.1793 V=0.0345 G=0.0132 T=-0.1724 R=-0.0329) 60.0000 (-40.00% z=-1.1879 ): S(Pr=40.0000 PL=-22.9753(-27.69% ) D=1.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=30.9396 PL=18.0541 ( 140.11% ) D=-0.8813 V=0.0241 G=0.0109 T=-0.1207 R=-0.0344) SL( PL=-4.9212 (-5.13% ) D=0.1187 V=0.0241 G=0.0109 T=-0.1207 R=-0.0344) 55.0000 (-45.00% z=-1.3902 ): S(Pr=45.0000 PL=-27.9753(-33.72% ) D=1.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=35.4707 PL=22.5852 ( 175.28% ) D=-0.9289 V=0.0152 G=0.0081 T=-0.0758 R=-0.0356) SL( PL=-5.3901 (-5.62% ) D=0.0711 V=0.0152 G=0.0081 T=-0.0758 R=-0.0356) 50.0000 (-50.00% z=-1.6118 ): S(Pr=50.0000 PL=-32.9753(-39.74% ) D=1.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=40.2050 PL=27.3195 ( 212.02% ) D=-0.9625 V=0.0083 G=0.0054 T=-0.0414 R=-0.0363) SL( PL=-5.6558 (-5.90% ) D=0.0375 V=0.0083 G=0.0054 T=-0.0414 R=-0.0363) 45.0000 (-55.00% z=-1.8568 ): S(Pr=55.0000 PL=-37.9753(-45.77% ) D=1.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=45.0745 PL=32.1890 ( 249.81% ) D=-0.9833 V=0.0038 G=0.0030 T=-0.0189 R=-0.0367) SL( PL=-5.7863 (-6.04% ) D=0.0167 V=0.0038 G=0.0030 T=-0.0189 R=-0.0367) 42.3131 (-57.69% z=-2.0000 ): -2SD S(Pr=57.6869 PL=-40.6622(-49.01% ) D=1.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=47.7263 PL=34.8408 ( 270.39% ) D=-0.9901 V=0.0023 G=0.0021 T=-0.0113 R=-0.0368) SL( PL=-5.8214 (-6.07% ) D=0.0099 V=0.0023 G=0.0021 T=-0.0113 R=-0.0368) 40.0000 (-60.00% z=-2.1307 ): S(Pr=60.0000 PL=-42.9753(-51.79% ) D=1.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=50.0213 PL=37.1358 ( 288.20% ) D=-0.9940 V=0.0014 G=0.0014 T=-0.0068 R=-0.0369) SL( PL=-5.8395 (-6.09% ) D=0.0060 V=0.0014 G=0.0014 T=-0.0068 R=-0.0369) 35.0000 (-65.00% z=-2.4412 ): S(Pr=65.0000 PL=-47.9753(-57.82% ) D=1.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=55.0044 PL=42.1189 ( 326.87% ) D=-0.9984 V=0.0004 G=0.0005 T=-0.0018 R=-0.0370) SL( PL=-5.8564 (-6.11% ) D=0.0016 V=0.0004 G=0.0005 T=-0.0018 R=-0.0370) 30.0000 (-70.00% z=-2.7997 ): S(Pr=70.0000 PL=-52.9753(-63.84% ) D=1.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) L(Pr=60.0006 PL=47.1151 ( 365.64% ) D=-0.9997 V=0.0001 G=0.0001 T=-0.0003 R=-0.0370) SL( PL=-5.8602 (-6.11% ) D=0.0003 V=0.0001 G=0.0001 T=-0.0003 R=-0.0370) 27.5241 (-72.48% z=-3.0000 ): -3SD, EndS.minSx, EndS.zMin, EndU.minSx, EndU.zMin S(Pr=72.4759 PL=-55.4513(-66.83% ) D=1.0000 V=0.0000 G=0.0000 T=0.0000 R=0.0000 ) S.hiD, S.hiG, S.hiR, S.hiV, S.loPL, S.loR, S.loT, S.loV L(Pr=62.4761 PL=49.5906 ( 384.86% ) D=-0.9999 V=0.0000 G=0.0000 T=-0.0001 R=-0.0370) L.hiPL, L.hiT, L.loD, L.loG, L.loR, L.loV SL( PL=-5.8606 (-6.11% ) D=0.0001 V=0.0000 G=0.0000 T=-0.0001 R=-0.0370) SL.loPL, SL.loR, SL.loV
Dude, you are certainly no expert, which is why you are asking the question in the first place. But since you now have me blocked after I simply suggested you trade it in RL instead of sim and got offended at the idea of trading real money, you cannot see this reply.
what about this: You short the first leg naked, blow up on day three and don't have to worry about buying the second leg anymore
Hey @Overnight, go and just show us, at least theoretically on paper, how you would trade this setup to test it out? I think you have not the slightest clue of the problem here.