Also I can not come up with your numbers. It appears you are showing status as of a week ago and then yesterday. But using large portfolio as the example Net profit less insurance of bear call spread $2400 Current loss on bull put spread $1250 $2400-$1250= $1150 not $1500 ???
Yes you are right bottom line should read Feb. The net profit will be a function of the premiums each trader got, which from the feedback I am getting, ranges from $1.00 to $1.25, our portfolio got $1.20
My question was why I can not make the math on your post here add up. I am only going by the numbers listed above and from those I see a bottom line P/L of $1150 not $1500? Am I misinterpreting your spreadsheets?
I double checked and I see where the error is , the formula in the spread sheet subtracted the current P&L from the net premiums of $2750 instead of from the Net Profits from the Closed Bear call spread of $2400.
We would try to fix it after the market closes.
Maybe next time we will just post the figures directly from the trading account. We decided to try and use the spread sheet because most people were complaining about the dark background when we posted directly from the trading account.
The bottom line on both portfolios says Jan cycle. I assume you mean Feb?
ReplyDeleteAlso I can not come up with your numbers. It appears you are showing status as of a week ago and then yesterday. But using large portfolio as the example
ReplyDeleteNet profit less insurance of bear call spread $2400
Current loss on bull put spread $1250
$2400-$1250= $1150 not $1500 ???
Foolishtrader -
ReplyDeleteYes you are right bottom line should read Feb.
The net profit will be a function of the premiums each trader got, which from the feedback I am getting, ranges from $1.00 to $1.25, our portfolio got $1.20
My question was why I can not make the math on your post here add up. I am only going by the numbers listed above and from those I see a bottom line P/L of $1150 not $1500? Am I misinterpreting your spreadsheets?
ReplyDeleteFoolistrader-
ReplyDeleteI double checked and I see where the error is , the formula in the spread sheet subtracted the current P&L from the net premiums of $2750 instead of from the Net Profits from the Closed Bear call spread of $2400.
We would try to fix it after the market closes.
Maybe next time we will just post the figures directly from the trading account. We decided to try and use the spread sheet because most people were complaining about the dark background when we posted directly from the trading account.
Thanks for catching the error.