Post a losing trade and and the loss on it. Also post the number of contracts. If it includes stock, 100 shares will make up for 1 contract. The next poster adds to the previous poster's loss and also adds to the previous number of contracts and does the math all over again for Loss Per Contract (LPC) It should be interesting to note how much ET members lose over time. Everyone seems to be focusing on just the winners. Lets see how much we, as a collective, lose! -------------- So I'll start: Underlying: SODA Loss: $102 # of contracts: 1 -------------- Total Loss: $102 Total contracts: 1 LPC (Loss per contract): $102
Underlying: QQQ Loss: $0.01 # of contracts: 10 -------------- Total Loss: $102.01 Total contracts: 11 LPC (Loss per contract): $9.27 Looks like I brought the average loss way down