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I am selling 5 puts.
I close 1 put via close leg. Remain -4.
If I now select Add Options to Trade and buy 2 puts, these are not deducted from the current position. Instead, a long position is opened.
It might make sense if it is the same strike, has the same expiration date and there are enough units available.
The text was updated successfully, but these errors were encountered:
Ok, I understand what you are doing. The program does not currently have that logic built in where it determines that you buying long Puts to essentially Buy To Close (BTC) part of your existing position. As you know, it would be better to use the "Close Leg" functionality and close 2 of your 4 Puts, however, I do need to build your buying long puts scenario into the program. Thanks for the example. I will do my best to incorporate this logic into the program.
Okay, I have added your suggestion to the popup menu. It was not as simple as it sounded because the Trade could involve BOTH shares/futures AND options, so simply having a "Close Trade" menu option would not work. In situations where there only exists just SHARES, or just FUTURES, or just OPTIONS, then I display the "Close Trade" option. In mixed case situations I display multiple "close" menu options.
I am selling 5 puts.
I close 1 put via close leg. Remain -4.
If I now select Add Options to Trade and buy 2 puts, these are not deducted from the current position. Instead, a long position is opened.
It might make sense if it is the same strike, has the same expiration date and there are enough units available.
The text was updated successfully, but these errors were encountered: