The Option Dashboard is where you can view all your positions and PnL related to options. Access the dashboard by navigating to the top menu under Trading Journal > Manage your positions > Option.
In this post, you will learn:
- To use the different options for each position
- How to interpret your capital allocation and PnL
- How to filter by criteria
- How to delete a trade
- How to get more help
Different options for each position #
The dropdown to access the options is available in column AK.
The options available include:
- View trades – Redirects you to the option journal and displays only the trades related to this position.
- Buy – Redirects you to the option journal and adds a new row with the default value of Buy, current date, and the current ticker.
- Sell – Redirects you to the option journal and adds a new row with the default value of Sell, current date, and the current ticker.
- Delete Position – Deletes the position and all the trades associated with it from the option journal.
How to interpret your capital allocation and PnL #
- Your Total Capital = Total cash + realized PnL.
- Total Cash = Total cash from your “Cash Account” sheet.
- Allocated Capital = Total capital in open positions.
- Available Balance = Total capital – allocated capital.
- PnL (USD) = Your PnL for different time frames in your selected currency.
- PnL (%) = Your PnL for different time frames in percentage.
- Win Rate (%) = The percentage of closed positions that resulted in a profit compared to the total number of positions closed for different time frames.
- # of Positions = The total number of individual positions currently tracked for different time frames.
How to filter by criteria #
The filter by option allows you to filter by one or many criteria, including Status, Ticker, Type, and Strategy. The filter is triggered after selecting any option from the dropdown. Once completed, you can combine additional filters.
How to delete a trade #
To delete a trade, select the row number from the dropdown under “Delete trade”. Once selected, it will delete the corresponding row in the Option Dashboard and all its associated trades in the Option Journal.
IMPORTANT: Do not right-click on a row to delete, as this will not update the Option Journal.
How to get more help #
You can find more details about each column by hovering your mouse over the header of each column, as shown below.
You can also access this help site by selecting “Need help” from the “Quick Links” dropdown.
