OptionSource Position Pane Columns

Column Title

Description

Symbol

The symbol ID for the option or underlying instrument.  Any option or underlying of any month (for a given symbol) can be displayed on any line in a Position Pane.   Using the checkbox, you can quickly remove a position from the Page Total without changing Qty.

Qty

The quantity, in contracts, of the given position line making up the total position.  Positive number indicate long (buys) and negative numbers indicate short (sales).  For example, "10" indicates long 10 contracts and "-10" indicates short 10 contracts.  The Total line shows both the total number of contracts traded and the net of long and short.

Strike

Strike (exercise) price for a position line containing an option.

Entry, $Entry

The entry price for the position on the given position line.  The ($)P/L and ($)Sum P/L columns are calculated based on the ($)Entry column and the ($)Value column.

$Entry is Price displayed in the currency that the contract is denominated in (not always USD).

Update

Setting determines how ($)Value column and associated calculations are updated.

Value, $Value

The value of the instrument based on the Update column setting.

$Value is Value displayed in the currency that the contract is denominated in (not always USD).

P/L, $P/L

Profit and Loss of a 1-lot of the position in the given line; the difference between the ($)Entry column and the ($)Value column adjusted for the direction (but not the size) of the position.
$P/L is P/L displayed in the currency that the contract is denominated in (not always USD).

Sum P/L, $Sum P/L

Profit and Loss of the total position in the given line; the difference between the ($)Entry column and the ($)Value column adjusted for the direction  and size (Qty) of the position.
$Sum P/L is Sum P/L displayed in the currency that the contract is denominated in (not always USD.

$Last

Value of one contract, displayed in the currency that the contract is denominated in (not always USD.  Calculated as Last * Point Value.

$Change

Calculated as Change * Point Value on each position row.  The Total row factors in position Qty in Total $Change.

Market

Average of Bid and Ask.  If Bid is blank, Market = Ask ; If Ask is blank, Market = Bid ; If both Bid and Ask are blank, Market = Recent.   Market field does not clear pre-market, similar to Recent field.  

ImpVol

The volatility level that makes the theoretical price of an option equal to the Value column.

Also known as "sigma".

Delta , $Delta

The rate of change in the option price relative to the underlying price.
Also known as "the hedge ratio".

$Delta is the Delta displayed in the currency that the contract is denominated in (not always USD).

Gamma

The rate of change in the option delta relative to the underlying price
Also known as "curvature".

Theta , $Theta

The rate of change in the option price relative to time.
Also know as "time decay".
Theta format is dependent on the Theta/Vega Display Format setting.

$Theta is Theta displayed in the currency that the contract is denominated in (not always USD).

Vega , $Vega

The rate of change in the option price relative to a 1% change in volatility.

Vega format is dependent on the Theta/Vega Display Format setting.

Also known as "kappa" and "lambda".

$Vega is Vega displayed in the currency that the contract is denominated in (not always USD).

Rho

The rate of change in the option price relative to a 1% change in the domestic rate.

OldSetIV

The Implied Volatility calculated from OldSet option and underlying prices and adjusted for DtE.  This is the ImpVol value that was current at the end of the previous trading session and calculated with Last prices for the option and the underlying.

DTE OS

Days to Expiration - OptionSource.  The DTE that is used in the OptionSource calculations.  This can be changed from DTE by either entering a new value directly in this column or by using the Valuation Date setting on the Calculation tab in the OptionSource Display Settings dialog box.