Column for Net Notional Exposure?

[richardm]

See screencap below. Currently short three shares and a bear call vertical for an overall net delta of -8.16.

Can I make a column that multiplies net Delta times Mark or Last? I'm trying to construct a point-in-time number for notional dollar exposure to the underlying.

 

[XeoNoX]

See screencap below. Currently short three shares and a bear call vertical for an overall net delta of -8.16.

Can I make a column that multiplies net Delta times Mark or Last? I'm trying to construct a point-in-time number for notional dollar exposure to the underlying.

Delta x Close Column

#Delta x Close Column
def var_delta = Delta();
plot scan = var_delta*close;

 

[richardm]

That did... something...

For the stock position it justs needs to multiply by the qty held.

For the options I think it's looking at the close price of the option itself and not (100 * option qty * closing price of underlying symbol).

This is where it gets tricky because I know GetUnderlyingSymbol() returns a nearly useless string value that can't be parsed within the wonderful ToS halfbakery.

 

[XeoNoX]

you're going to have to explain a lot better and in detail, i have no clue what you are trying to explain, it appears as if you have 3 different concerns that are each only partially explained.

 

[richardm]

I want to know my "notional" exposure to a given stock. Sometimes this exposure is mixed options and common shares; sometimes it's purely options.

I have to manually take the overall delta (-8.16 per the screencap above) and multiply by the current share price (184) to determine my notional exposure: $1504. In other words, my net exposure to this stock -- taking into account all my open positions -- is equivalent to being short $1504 worth of common stock.

I run this calculation by hand several times per day. I'd like ToS to do it for me.

 

[XeoNoX]

I want to know my "notional" exposure to a given stock. Sometimes this exposure is mixed options and common shares; sometimes it's purely options.

I have to manually take the overall delta (-8.16 per the screencap above) and multiply by the current share price (184) to determine my notional exposure: $1504. In other words, my net exposure to this stock -- taking into account all my open positions -- is equivalent to being short $1504 worth of common stock.

I run this calculation by hand several times per day. I'd like ToS to do it for me.

without sharing the code of what you are trying to do, its hard for me to get an idea of what you are trying to do. so all i can assume is you are trying to find the code to get the quantity of the position

def openCost = GetQuantity() * GetAveragePrice();

def var_delta = Delta();
plot scan = GetQuantity() *var_delta*close*100;

is that maybe what you are looking for?