Recognize income when leg position closed rather than when full trade closes about tradetracker HOT 5 CLOSED

This will involve:

• Change the descriptions of each of the individual closed positions in the list. Instead of displaying the ticker name, we would display the description of the closed leg.
  • Maybe something like -2 Jan19 170 PUT, or -2 Jan 19, 2024 170 PUT, or -2 170P 2024-01-19, or similar.
• Change the bottom tab name from "Closed Trades" to "Closed Positions".

from tradetracker.

The logic in the program is that as long as a trade is open, it is not counted as a "closed trade". So, for example, if you have an original trade set up as a 100 shares purchased and then sell 20, then the trade is still open with 80 shares remaining.

Looks like this approach does not work well for "Trades" that have revolving purchases and sales that result in a trade never being closed. Kind of like the Wheel Strategy with Options - the trade could conceivably stay open forever.

Looks like another area that I will have to change in order to recognize revenue whenever a leg is fully closed rather than the trade itself.

from tradetracker.

This is now partially implemented (for AVERAGE COST only) Work still needs to be done when FIFO COST is being used. It looks like that this functionality will only be available to stock/futures rather than options. I attempted to implement for options but there are several roadblocks that I could not overcome.

from tradetracker.

A lot of work done on implementing FIFO COSTING. Should now be feature complete. Testing remains.

from tradetracker.

This is implemented for SHARES and FUTURES trades but not for individual OPTIONS trades (due to technical reasons).

from tradetracker.