Accessing Profit Loss

  1. On the Options menu, click Profit Loss.
  2. On the Strategy menu, select a strategy.
    If no strategy is selected, by default, New ELITE loads data for a Long Call strategy and shows the nearest to the money call at the closest monthly expiration.
  3. In the Enter Symbol box, type a symbol you want to monitor, and then click Go.

The option loads in the Profit Loss window. A summary of available pertinent option pricing and data and the Profit Loss Graph displays in the window

The table below explains the Profit Loss data fields:

Field Name

Description

Last

The “last” price at which the security traded.

$ Change

The change from yesterday's closing price is reflected in the $ Change column

% Change

The change from yesterday's closing price displays in the % Change column.

Bid

The price a market maker or broker is willing to pay for a security or commodity.

Ask

The price at which a market maker or broker offers to sell a security or commodity.

BxA Size

This number of shares a buyer/seller is buying or selling at a specified bid price.

Open

The first price at which a security was traded at the beginning of the trading day.

High

The highest price at which a security was traded during the current trading day.

Low

The lowest price at which a security was traded during the current trading day.

Vol

Volume is the number of shares traded in a company's stock or in an entire market over a specified period, typically a day. Typically, some external event causes unusual market activity, such as higher or lower than average volume.

Net Delta

This column shows the sum of the deltas of all equity and option positions for the underlying stock held in the client's account.

Net Value

This column shows the total value of the client's current stock and option positions for this underlying symbol.

30 Day Hist Volat

This is based on the volatility over the past 30 days. Historical Volatility is the standard deviation of actual stock price over the last 30 days. This describes how much the stock's price has varied from its averaged price over the last 30 days. A higher standard deviation means the stock has moved farther from its average price, showing more volatility

Note: This study should be used with trend following analyses and momentum oscillators to confirm accuracy.

60 Day Hist Volat

This is based on the volatility over the past 60 days. This analysis originates from the idea that stocks bottom from 'panic' selling, after which a rebound is imminent.

Historical Volatility is the standard deviation of actual stock price over the last 60 days. This describes how much the stock's price has varied from its averaged price over the last 60 days. A higher standard deviation means the stock has moved farther from its average price, showing more volatility

Note: This study should be used with trend following analyses and momentum oscillators to confirm accuracy.

Est. Earnings Date

The date on which a company's earnings are expected to be available.

30 Day Imp. Volat

A forward-looking volatility figure that analyzes the implied volatility of the options expiring in approximately 30 days. This gives an indication of the market's prediction of volatility over the next 30 days.

60 Day Imp. Volat

A forward-looking volatility figure that analyzes the implied volatility of the options expiring in approximately 60 days. This gives an indication of the market's prediction of volatility over the next 60 days. The 60 day implied volatility is useful for extended outlook forecasts.

Next Div Date 1

This displays the date of the next dividend.