Friday, July 5, 2013

XLK / XLF Option Positions P/L

I closed both of these earlier, I saw little point in keeping them open and would rather take a small loss now than have to deal with a larger loss or an option position I have to spend a lot of time in.



At the $.82 fill, the P/L was a loss of 7.8% (of position) the loss according to risk management (which is different for options) was closer to one half of one percent, about a quarter of the normal 2% rule.




The XLK position at a fill of $1.15 came to a P/L loss of -7.2% of position and about 1/4 of 1 percent for portfolio risk management, so the loss is VERY acceptable.

I'll be posting a few charts talked about toward the EOD.

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