While trading options I notice that the account P&L is different from the sum of the individual position P&L's ?
Modified on 2011/10/04 07:51 by Rob Rrickson (CTS) — Categorized as: Uncategorized
Options risk is handled slightly different. The reason why the account P&L differs from the sum of the individual position P&L’s:
Long Options position: Ignore negative upl as loss is already counted in the premium paid.
Short Options position: ignore positive upl so that going short does not increase trading power.