The crux of my issue is that my realized Profit/Loss is not affecting my Account Value. I have a decent general understanding of options but this is confusing me. To make a simpler example of what I'm talking about, I just opened a demo account from same site and did two quick trades. I copied a picture of the account dashboard here. But basically, I sold a Facebook call for $1.05 and then bought it back to close a few minutes later at $1.10. I also bought a Penn call for $3.25 and quickly closed it at $2.99. All told a loss of -$31 which is reflected on the left side of the screen where is says "Realized P/L Today: -$31.00". What I don't get is that my account value (top right of the page) never changed from $100,000 even after the realized gain/loss. For the life of me I cannot figure out why. Please help haha
Maybe the paper trading engine will calculate the new account value after the market closes...or after Midnight tonight?
Is that typical? Also, thanks for the reply. Posted in multiple forums and have pretty much just been made fun so far lol
Like if all of the positions have been closed, I really don't understand why the account value wouldn't reflect any profit/loss
What you see is just a front end. There are some procedures that may need to be completed before posting. I think OptionsHouse used to be like that. Give them a call. We will make fun of you next time.
Are you referring to the actual settlement of the options? Meaning, the P/L wouldnt be reflected in the account value until the settlement date...?
%% bro13/50 Sounds like they are trying to help you; + next time don't try to trade options for a quick 10% loss................................................................................................................
Lol what do you mean by that? 13/50? And im not trying to like flip options quick...I just opened a demo account and did those trades to show it as an example