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Thinkorswim terminology question

post #1 of 6
Thread Starter 
Just trying to wrap my head around think or swim website.

I have a call option for PGH, says:

P/L DAY P/L OPEN P/L YTD
$50 $100 $100

So it means it made $50 for the day? $100 since open? I don't get it, is that not the same thing?

ALSO:

On the screen when you select which month you want to buy, there are percentages beside them, for example:

JUL - 45%
AUG - 4300%
SEP - 55%

What do the percentages mean?
post #2 of 6
Quote:
Originally Posted by Splatter_King View Post
Just trying to wrap my head around think or swim website.

I have a call option for PGH, says:

P/L DAY P/L OPEN P/L YTD
$50 $100 $100

So it means it made $50 for the day? $100 since open? I don't get it, is that not the same thing?
profit/loss for the day (since market open)
profit/loss since you bought it
profit/loss for the year to date
post #3 of 6
Whew...glad you cleared that up!

I was gonna say Pole Licker...
post #4 of 6
Quote:
Originally Posted by Splatter_King View Post
Just trying to wrap my head around think or swim website.

I have a call option for PGH, says:

P/L DAY P/L OPEN P/L YTD
$50 $100 $100

So it means it made $50 for the day? $100 since open? I don't get it, is that not the same thing?

ALSO:

On the screen when you select which month you want to buy, there are percentages beside them, for example:

JUL - 45%
AUG - 4300%
SEP - 55%

What do the percentages mean?
Those percentages either - or + and are how much % the option price has moved for that day.
post #5 of 6
Quote:
Originally Posted by Splatter_King View Post
Just trying to wrap my head around think or swim website.

I have a call option for PGH, says:

P/L DAY P/L OPEN P/L YTD
$50 $100 $100

So it means it made $50 for the day? $100 since open? I don't get it, is that not the same thing?

ALSO:

On the screen when you select which month you want to buy, there are percentages beside them, for example:

JUL - 45%
AUG - 4300%
SEP - 55%

What do the percentages mean?
You can change most of those settings to your likeing.
There are many free videos explaning the platform.. i would run through them.
post #6 of 6
Thread Starter 
Oh I didn't know about the videos , I will have to check them out. I really like thinkorswim so far.

As for the 4300% ...... someone made a fortune it looks like.....
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