Re: Short sales - Options

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In Reply to: Short sales - Options posted by Didier on August 16, 2005 at 12:48:27:

: Hi Mark,

: I am making progress using the software, but I have two small problems to submit today:

: 1) Short sales : I sold a stock short and covered with a small profit.
: If I make an investment performance report it shows a negative number, portfolio perf report shows (correctly) a positive number.

: 2) Option prices: I get broker reports with standard contracts (100 options) and price updates from the accessible sources feed individual prices, so I have a factor 100 mismatch. Did I miss a setting somewhere, or is it a problem with the IB reports again ? I tried help / "options", obviously it points to all the marvelous options the program has!
: "contract" is apparently interpreted as "contact" and gives me the web address, mmm....

: thanks

: Didier

Hi Didier,

The Investment Performance report is showing information on the intrinsic investment, not how your invested money in that investment performed. It is displaying share price numbers, so when the share price goes down, it will show a negative gain/yield. This is independent of how you invested, so even if you made money by going short, the intrinsic investment still went down.

On the options... Are you using the symbol for the option, or the underlying stock? Can you give me an example ticker symbol, how IB reports it, and the price you're retrieving?

Thanks,
Mark
--
Mark Beiley
Fund Manager, portfolio management software for Windows 95/98/ME/NT/00/XP/2003

Replies:

• Re: Options Didier 15:28:55 08/17/05 (3)
  • Re: Options Mark 20:06:32 08/17/05 (2)
    • Re: Options didier 13:59:52 08/20/05 (1)
      • Re: Options Mark 14:25:12 08/20/05 (0)