Profit

Description

This formula calculates the profitability of a position in an option or underlying instrument.

Profitability is the difference between the purchase price and the current price multiplied by the quantity purchased.

Formula

Profit(CurrentPrice, PurchasePrice, Quantity)=begin

  retval = Diff(CurrentPrice, PurchasePrice) * Quantity

end

Parameters

The number of arguments in this formula may vary.

The arguments are $n references, i.e.,

Profit($1, $2, $3, $4, $5)

Return Value

A profit value.

Examples

ProfitInDollars=begin

  nTotal = 0

  thisPrice = NONUM

  for i = 1 to PARAMCOUNT begin

    thisPrice = $[i].uprice

    if IsOption($[i]) then thisPrice = $[i].oprice

    if thisPrice != NONUM AND $[i].qty != NONUM AND $[i].price != NONUM then begin

      nTotal = nTotal + Profit($[i])  * $[i].dollars

    end

  end

  retval = Scale(nTotal, HUNDREDTHS)

end

Comments

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