Position lines in an OptionSource Position Pane can be set to update in a variety of way. Each line can be updated in a different way allowing the most realistic valuation of an option position. The setting in the Update column determines how the ($)Value, ($)P/L, ImpVol, ($)Delta, Gamma, ($)Theta, ($)Vega, and Rho columns are updated and calculated.
There are multiple methods to change Update settings on a per row basis, and one way to change all rows at once.
Changing an individual rows update settings
1. Single left click the update cell and a drop down menu will appear to choose from
2. When the update cell is in focus, you can use the keyboard to quickly change between update modes:
|
Shortcut |
Mode |
Sets the Value Column to ... |
| M | Market | the average of the Bid and Ask ; If Bid is blank, Market = Ask ; If Ask is blank, Market = Bid ; If Bid & Ask are blank, Market = Recent |
| B | Bid | the current Bid Price |
| A | Ask | the current Ask Price |
| L | Last | the Last traded price |
| R | Recent | the Last traded price if the instrument has traded; if no Last is available, then OldSet is used |
| N | NewSettlement | the settlement price from today's session |
| P | Previous | the settlement price from the previous session |
| O | PrevIV | a theoretical option premium calculated on PrevIV. |
| U | User Defined | Any value that you choose; the value column becomes available for direct edit |
| I | UserIV | a theoretical option premium calculated on the volatility level in the ImpVol column; the ImpVol column becomes available for direct edit. |
3. Right Click the row and select Update Mode:
Changing the update mode of all rows
1. Right Click the column heading label, and select Update Mode. This will change all rows to the selected mode.
