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    Option Strategy

    1. Option Strategy View

    In the Option Strategy View, each component of an option strategy will be listed under the respective strategy.

    Once you turn on the Option Strategy View, your P/L will be calculated based on the terms of the entire strategy.

    Example

    Say you hold a covered call on stock XYZ, the current price, cost per share, and P/L for the covered call position will be displayed as follows:

    Symbol

    Quantity

    Current Price

    Cost Per Share

    P/L

    Covered Stock

    1

    11

    8

    300

    XYZ

    100

    14

    10

    400

    XYZ CALL 20

    -1

    3

    2

    -100

    Then you continue to establish a vertical spread on stock XYZ by selling one XYZ call 20 at $4 and buying one XYZ CALL 16 at $4.5, and your covered call position and vertical spread position will be displayed separately as follows:

    Symbol

    Quantity

    Current Price

    Cost Per Share

    P/L

    Covered Stock

    1

    10

    7

    300

    XYZ

    100

    15

    10

    500

    XYZ CALL 20

    -1

    5

    3

    -200

    Vertical

    1

    2

    1.5

    50

    XYZ CALL 16

    1

    7

    4.5

    250

    XYZ CALL 20

    -1

    5

    3

    -200

     

    2. How to turn off the Option Strategy View

    The Option Strategy View is turned on by default. To turn off the Option Strategy View, please go to:

    • Me > Settings > Accounts Page & Position > Show Option Strategy View.