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Live View Column Definitions

Edited

  1. Pos MM 

  • Profit & Loss Mark to Market Calculations on Opening Positions

    • For Stock: (Quantity) * (Last Price - Closing Price) 

    • For Options / Futures: (Quantity Option Multiplier) ((Bid Price + Ask Price)/2) – (Closing Price) 

  1. Day MM 

  • Profit & Loss Mark to Market Calculations on current Day Trades 

    • For Stock: (Quantity) * (Last Price – Trade Price) 

    • For Options / Futures: (Quantity Option Multiplier) ((Bid Price + Ask Price)/2) – (Trade Price) 

  1. Net MM 

  • Position Mark to Market + DayTrade Mark to Market. Always uses Mid-market current prices for Futures and their Options. May be inaccurate if markets are closed or wide / one-sided.   

  1. Final MM 

  • Final Mark to Market is Net Mark to Market using mid-market current prices for futures, last traded prices for stocks, and our model’s theoretical prices for options. Once exchange published settlements are released, Final MM switches to match the Settle Net MM. Once positions roll over for a new trading session, it returns to using Theoretical pricing for options, mid-market pricing for futures, last price for stocks. Due to its dynamic mode and use of our model’s theoretical pricing for options, we consider this column to be the most accurate calculation of an account’s Profit & Loss. 

  1. Open Position 

  • Opening Positions at the start of the day 

  1. Day Position 

  • Current Day Trades that either add or subtract from the opening position 

  1. Cur Position 

  • Current Position = Open Position + Day Position 

  1. Day Long 

  • P&L calculated from Day Trade purchases 

  1. Avg Buy Price 

  • Average buy price for Day Trade purchases 

  1. Day Short 

  • P&L calculated from Day Trade sales 

  1. Avg Sell Price 

  • Average sale price for Day Trade sales 

  1. Abs Opt Ctx 

  • Total of the Absolute values of current positions in options or underlying security count for product 

  1. Current Price 

  • For Stock: Last Trade price 

  • For Options / Futures: (Bid Price + Ask Price)/2) 

  1. Previous Close 

  • Previous day’s closing settlement price 

  1. Dollar Change 

  • Net Change +/- from Previous day’s closing settlement price in dollars 

  1. Percent Change 

  • Percent change from Previous day’s closing settlement price 

  1. Settle Price 

  • End of Current day closing product price from listed exchange 

  1. Settle Pos M 

  • Mark to Market P&L of Opening positions using Current day settlement (once published) versus Prior Day settlement 

  1. Settle Day M 

  • Mark to Market P&L of Day Trade positions using Current day settlement (once published) versus Prior Day settlement 

  1. Settle Net M 

  • Settle Pos M + Settle Day M 

  1. Net Delta 

  • Long Delta position – Short Delta position 

  1. Net $ Delta 

  • Net Notional value of Long Delta position – Short Delta position expressed in dollars 

  1. Long $ Delta 

  • Total Notional value of Long Delta position expressed in dollars 

  1. Short $ Delta 

  • Total Notional value of Short Delta position expressed in dollars 

  1. Net Gamma 

  • Indicates sensitivity of the option position to a change in Delta of the underlying product 

  1. Net Vega 

  • Indicates sensitivity of the option position to a one-point change in volatility of the underlying product expressed in dollars 

  1. Net Theta 

  • Reflects the decline in the value of an options premium due to one-day passage of time expressed in dollars 

  1. Net Rho 

  • Rate at which the price changes relative to a 100 basis point change in the risk-free rate of interest 

  1. Current Theo 

  • User defined current theoretical price 

  1. Prev Theo 

  • Previous End of Day theoretical value 

  1. Theo Open P&L 

  • Opening Position Theoretical P&L (Quantity Option Multiplier) (Prev Theo – Current Theo). Only relevant for options 

  1. Theo Day P&L 

  • Current Day Trade P&L (Quantity Option Multiplier) (Trade Price – Current Theo). Only relevant for options 

  1. Theo Net P&L 

  • Theo Open P&L + Theo Day P&L. Only relevant for options 

  1. Implied Vol 

  • Expectation of future volatility for the selected option strike 

  1. Raw Delta 

  • Per contract delta for the selected option strike 

  1. Raw Gamma 

  • Per contract gamma for the selected option strike 

  1. Raw Vega 

  • Per contract vega for the selected option strike 

  1. Raw Theta 

  • Per contract theta for the selected option strike 

  1. Raw Rho 

  • Per contract rho for the selected option strike 

  1. Raw ATM 

  • TBA 

  1. Market Cap 

  • (Outstanding Shares) * (Market Price) expressed in billions 

  1. Credit Rating 

  • Credit rating of stocks (Currently Unavailable) 

  1. Country 

  • Country of business operations 

  1. Beta SPX 

  • Ratio of an underlying product’s movement versus a one point move in the S&P 500 

  1. Sector 

  • For Stock: S&P 500 GICS® (Global Industry Classification Standard) 

  • For Futures: Instrument Type 

  1. Industry 

  • For Stock: Subset of S&P 500 GICS® sectors 

  • For Futures: Asset Class 

  1. Sub-Industry 

  • For Stock: Subset of Industry 

  • For Futures: Product 

  1. DivDate 

  • Date dividends are paid to shareholders of record 

  1. DivAmount 

  • Currency Amount paid per share to shareholders of record 

  1. Earnings Date 

  • Date earnings are reported 

  1. Earnings Time 

  • AM (pre-open) or PM (intraday or post-close) Announcement (Stocks Only) 

  1. Div P/R 

  • Dividend Amount Payable / Dividend Amount Receivable 

  1. Extrinsic 

  • Time & Volatility Value of the current position (Premium) Calculated using Mid-Price Valuation 

  • (Extrinsic Value) = (Total Option Value) – (Intrinsic Value) 

  1. Commission 

  • Costs associated with Current Day Trades by Instrument 

  1. Interp Price 

  • Value calculation of a wide or missing market option quote that is then calculated on theoretical value using mid-point and the previous day’s closing volatility 

  1. Interp Pos M 

  • Opening Position P&L based on Interp Price 

  1. Interp Day M 

  • Current Day Trades P&L based on Interp Price 

  1. Interp Net M 

  • (Interp Pos M) + (Interp Day M) 

  1. Net $ Gamma 

  1. ClAct 

  • Clearing Account (visible only at the underlying level) 

  1. Net WtDelta 

  • Net Delta * Weight Multiplier specified by client (for example, to see deltas for SPX options in terms of ESMINI future) 

  1. Net WtGamma 

  • Net Gamma * Weight Multiplier specified by client 

  1. Net WtVega 

  • Net Vega * Weight Multiplier specified by client 

  1. Prev Vol 

  • Previous Closing Vol 

  1. Vol Change 

  • Current Implied Vol – Previous Closing Vol 

  1. Cur Tick Px 

  • Current Price in Ticks (Currently only valid for Treasuries) 

  1. Prv Tick Px 

  • Previous Closing price in Ticks 

  1. Tick Px Chg 

  • Current Price – Previous Closing price, in Ticks 

  1. Margin 

  • Margin Required for current position (not implemented yet) 

  1. Abs Qty 

  • Absolute # of Contracts in current position (i.e. if trader is long 50 Sep and short 50 dec, Abs Qty = 100) 

  1. Day Volume 

  • Absolute # of Contracts Traded today (i.e. if trader bought 100 futures and sold 50 futures, Day Volume = 150) 

  1. Delta Chg 

  • Net Delta of Current Position – Net Delta # at Previous Day’s Close 

 

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