Viewing portfolio profit and loss on tastyworks

Reconcile Your Portfolio’s Profits/Losses (P/L)

We all love to turn a profit, but when something is not going your manner, that ’ s good to know excessively ! No matter your analysis needs, reading the P/L figure on your desktop platform is utilitarian, and hopefully, this short guide will make it easy excessively !

 however, if you 're looking to determine your accomplished P/L of your portfolio from a prior year or specific time period rather, then please denote to the Year-to-Date Export file locate in our Tax Center. To learn more, please here. 

Where is my P/L?

Head to the History tab > Year-to-date section in the desktop platform

Desktop Platform

overall P/L ’ mho ( profit and personnel casualty figures ) per underlying can be found by navigating to the History tab on the desktop platform. After you reach the History tab, click the year to date button located to the correct of transactions. At this compass point, you should see your aggregate P/L per underlying, entire commissions, and fees per underlying vitamin a well.

Web Browser Platform

coming soon

Mobile Platform

To view your P/L per place, navigate to History. Once the History tab is open, tap Year-to-Date to see your P/L per position. Your portfolio P/L YTD will list at the top along the TOTAL wrinkle. You can besides view your full commissions and fees by swiping leftover.

How do I read my P/L?

There are three P/L figures

P/L Realized : This figure displays realized profit/loss. In early words, this is the resulting profit/loss from positions that have been CLOSED. This is a relatively static design and should only change when positions are closed.
P/L Open : This number displays the current profit/loss of any open positions in an underlie. This is a dynamic system of measurement and is marked to mid-price.
P/L YTD : This name, as its identify indicates, displays profit/loss for the year-to-date. Its value is arrived at by way of the following elementary rule : P/L Realized + P/L Open = P/L YTD. P/L YTD is a proportional number that measures your P/L from the begin of the year. Additionally, P/L YTD bases on the closing mark of any position held from one year to another. so, if you held stead ( randomness ) into a newfangled class then P/L YTD will base on the conclude distinguish of the previous class. Remember, P/L YTD is a gross visualize and does not factor in commissions and fees.

How do I determine the P/L of a trade?

Again, start by heading to the History tab to isolate the symbol

barely to solidify things, let ’ s go through an case of how a particular trade might affect P/L in a portfolio. Stay with us ; we ’ rhenium about done !
For the sake of this model, consider a 5-lot IWM Iron Condor. First, we need to head to the ‘ History ’ tab key. For public toilet, let ’ s sort our transactions by underlying and by date. once your filter ranges get pretty narrow, you might get down to barely one fundamental. At this stage, you might notice something. Assuming that you do not have any open positions in your portfolio, the ‘ Amount ’ figure near the top right corner of the tab will match the P/L YTD of the selected underlie ( see screenshot above ). If those numbers do not match, the chances are that you placid have an receptive military position in your portfolio or you are not viewing the stallion year. Any positions that are still OPEN in your portfolio will read as profit or personnel casualty in the sum of the recognition received/debit paid for the opening craft ( i, will reflect an initial, unfulfilled prize ). The ‘ Amount ’ figure is the summarize of each selected transaction.

now, let ’ s see how much credit we received from the Iron Condor we sold on March 27, 2017. To see how a lot total credit rating was received, click to select each transaction line that constitutes a leg of the strategy. You ’ ll see the ‘ Amount ’ number change as you select each transaction. The visualize will reflect the addition of each new transaction in its sum total.
For this 5-lot Iron Condor, we collected a total of $ 600, but since this was a 5-lot, we have to divide that count by 5 to see how much we collected per Iron Condor. It looks like we collected $ 1.20 per Iron Condor for a sum of $ 600 ( 5QTY ten $ 1.20 x 100 ).

last, let ’ s trope out how much money we made from that short IWM Iron Condor at the end ( clear-cut from the original credit received ). Proceed to select each leg of the close trade in the underlie and you will see the sum measure made from the buy-back. In this lawsuit, it appears we made $ 310 total by buying the position back for $ 290 ( $ 600-290 = $ 310 ), or $ .0.58 per Iron Condor ( $ 1.20 – $ 0.58 x 5QTY x 100 ).

The ‘ Amounts ’ human body in the ‘ History ’ yellow journalism and this work of transaction highlight is besides a great creature to keep track of your monetary value basis as you perform rolls !

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Category : Finance