PnL Chart is a tool to visualise possible profits or losses based on price changes for underlying assets. Use it for any open position — or evaluate a trade in advance! Check if you can hedge the risks and benefit from market movements at the expiration date.
This article examines two questions:
- How to draw PnL Chart for an open position
- How to draw PnL Chart for a future trade
How to draw a PnL Chart for an open position?
Build the chart for any existing position right from the Portfolio or Summary modules.
In the context menu, right-click on the instrument and select PnL Chart.
The bottom axis displays the underlying price. Possible profits are above zero, losses are below.
How to draw a PnL Chart for a future trade?
Let's assume we want to trade derivatives on some of our assets.
- Open the Basket Trader window
- Add the underlying; leave its quantity empty
- Add the desired derivatives that have the same underlying asset
- Click PnL on the Chart icon
The green line (Position) is the same as in the asset's PnL chart:
The orange line (Basket) shows potential PnL for the instrument(s) you've added to the basket — they are also listed right in the chart for your convenience.
The purple line represents Position + Basket.
Use the PnL Chart to build complex options strategies and predict probable outcomes!