This document provides an overview of the SILEXX OEMS Position Analyzer Module. Therefore, our intent here is to provide you guidance, on both basic and advanced functionalities. The Position Analyzer module gives a graphical representation of positions, P&L and Greeks.
In this manual we will cover how to:
A Position Analyzer window can be accessed from any of the following modules:
A. Click Modules and select Position Analyzer
B. Enter a symbol
This opens a blank Position Analyzer module with the input underlying.
Right-click a security's row and select Analyze Positions for underlying
The analyzer module will load all positions currently held for the selected underlying security.
Click the gear icon and select Open in Position Analyzer
Fill out the details of the leg in the Add Position window and click the Add button when completed:
Note: When loading as illustrated above, the analyzer window loads all the open positions in that underlying security.
|Mode||Sets the type of graph displayed (all risk plots are graphed over underlying price movement)|
|P&L||Net Profit / Loss|
|Risk Band||Sets a visual representation (band) of theoretical "risk" based on a percentage move of the underlying security price.|
|Theo Price||Allows you to establish a theorectical date parameter|
Horizontal Underlying security price
|P&L||Net Profit / Loss|
|Line Color Display||Description|
|Green Line||Current risk profile|
|Red Line||Risk profile at expiration of the front month options|
|White Line||Risk profile at expiration of all options|
Visual representation of a zone of price movement. The default Risk Band setting is 15%. This shows the extent of a 15% move of the underlying price (up or down) from the current price.
Vertical line representing the current price of the underlying security
Tip: The current value of the graphed position is where the green risk line intersects this line.
Lists the positions that are part of the risk graph calculations
|Add Position||Click to create and add a new position (with the same underlying) to the analyzer window|
|Live||If checked the graph displays live market data, else the data is as of the time the graph was opened|
|Month||Select a month to view just the positions expiring that cycle. All other legs will be deselected and inactive.|
|Underlying||You can make theoretical adjustments to the underlying price to see the effect of price movement on the position's net values|
|Net Calls||Displays the Net number of Call option contracts for the active position(s)|
|Net Puts||Displays the Net number of Put option contracts for the active position(s)|
|Add-Position||Add a new position to the analyzer window|
|Clear All||Clears all active position within analyzer window|
|ReLoad from Account||Load positions for an existing account into the analyzer position window|
|Save to File||Save the positions in the analyzer to a file folder for later reference|
|Load from File||Load a saved analyzer position file from a file folder|
Above the risk graph are a set of checkboxes that allow you to toggle on/off individual risk curves
Now If checked, the current risk graph of the active position is displayed (green line) Expiration (All Months) If checked, the expiration risk graph of the active position is displayed (white line) The numbers associated with each type of curve represent the net value of the Mode of the graph
The data displayed on the Order Book Spreadsheet can be customized by adding / removing, resizing, and re-ordering columns.
|[X]||Checkbox column - If checked, the leg will be included (active) in the graphical calculations, otherwise that leg is excluded from the risk curve calculations.|
|Cost Basis||Adjustable cost basis for the position|
|Description||Description of the security|
|Expiration||Option contract expiration date (month/day/year)|
|Market Price||Represents the Mark price of the option at the time the analyzer window was opened. If the Live checkbox is checked, it represents the current market Mark price of the position (during market hours)|
|Net P&L||Current net profit or (loss) for the position|
|Put/Call||Put or Call option identifier|
|Strike||Strike price of an option contract position|
|Symbol||Security's symbol identifier|