tag:blogger.com,1999:blog-6406250502334361055.post8326238033787457265..comments2023-10-22T05:30:40.231-05:00Comments on Money and Sense: Investment UpdateFinance Guyhttp://www.blogger.com/profile/17383060126272001336noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6406250502334361055.post-55026620796883081022008-04-28T22:38:00.000-05:002008-04-28T22:38:00.000-05:00Anonymous,That tracking sheet indicates the value ...Anonymous,<BR/><BR/>That tracking sheet indicates the value of trades, so a negative trades indicates a buy (decrease in cash) while positive trades indicates a sett (increase in cash).<BR/><BR/>Therefore, when you match up buy and sell of the same option/equity, then the net is the profit/loss.<BR/><BR/>In terms of 5x, it refers to the number of contracts bought, in this case, 5 Options Contracts for the Nasdaq Index due in May 2008.Finance Guyhttps://www.blogger.com/profile/17383060126272001336noreply@blogger.comtag:blogger.com,1999:blog-6406250502334361055.post-44264566566865709502008-04-28T08:51:00.000-05:002008-04-28T08:51:00.000-05:00I see a profit of $425 for the sale on 4/24, is th...I see a profit of $425 for the sale on 4/24, is the $190 profit you mention included? Also I am not familiar with options, does the 5x QQQQ mean 5x May 08 QQQQ options and what does this mean? Could you give a quick description.Anonymousnoreply@blogger.com