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Position Details

Selecting any position on the Dashboard — a row in the table, or a card on a phone — opens the Position Details sheet. This is the full picture of a single position: every leg, its Greeks and pricing, the P&L broken down to the last cent, and the automation attached to it. It updates live while it is open, so prices and P&L move with the market.

The header

The top of the sheet stays visible as you scroll. It shows the position's number (Position #…), a status badge (OPEN, PENDING OPEN, CLOSING, CLOSED), and the underlying, and — on the right — the headline Net P&L for the position, in dollars and as a percentage. Green is profit, red is loss.

Below the header is a row of tabs: Overview, Risk, Rules, Standing Orders, and Activity. (Standing Orders appears only when that feature is enabled.) The sheet opens on Overview.

Overview

The Overview tab answers "what is this position and how is it doing right now?" in three cards.

The Overview tab of the Position Details sheet

Legs

The Legs card lists every leg of the position, sorted by strike. Each row shows a status letter (O open, C closed, P pending, R rolled, E expired, X cancelled), a C (call) or P (put) tag with its strike, the signed quantity, the entry price, the current price (Now), the leg's P&L and percentage, and its current delta (Δ).

Each row also has a ⋯ menu on the right. For an open leg it lets you edit the leg, Roll Leg… it to a new strike (see Rolling a leg), or close just that one leg — Close at Market or Close with Peg — without touching the rest of the position. The same actions appear as buttons when you expand the leg (below). See Close a single leg.

Select a leg row to expand it. The expanded view reveals two more panels:

  • Greeks (entry → current) — Delta, Gamma, Theta, and Vega, shown as the value at entry and where it is now, so you can see how each Greek has drifted.
  • Pricing & Details — the live Bid / Mid / Ask, exit price for a closed leg, expiry (with days to expiration), commissions, number of rolls, and the contract symbol.

P&L

The P&L card breaks the bottom line down step by step: Entry Credit/Debit, Current Value, Premium Captured, Realized P&L, Unrealized P&L, Gross P&L, Total Commission, and the emphasized Net P&L. When the outlook simulation has data, two forward-looking figures appear below: Prob. of Profit (the chance the position finishes profitable) and Median Gross P&L (at expiry) (the middle of the range of outcomes). For a richer, interactive view of these probabilities, use the Risk tab — see Risk Lab.

Key Facts

The Key Facts card carries the position's identity and timing: Expiration (with DTE), Quantity, the Template it came from, when it was Opened and Closed, and the Close Reason. When the position was created from a template, its original Leg Structure — the configured selectors and ratios — is listed here for reference.

Editing a leg

Every leg has a ⋯ menu (and an Edit button in its expanded view). Choose Edit to open the Edit Leg sheet, where you can correct a leg's Action, Right, Strike, Status, Entry Price, Exit Price, and entry/exit Commissions, then Save Changes.

Editing is for correcting a position's record — for example, fixing an entry price or marking a leg closed with the right exit price. It does not place any orders. Because these values feed the position's P&L, changing them recalculates it: the sheet warns you when a status change to closed or expired will do so. Pending legs — ones not yet filled — cannot be edited.

Important

Editing a leg changes the numbers VolNinja records for the position, not the position at your broker. Use it to keep your records accurate, not to move the market position — for that, close or adjust the leg.

Closing a single leg

From the same ⋯ menu (or the buttons in a leg's expanded view) you can close an individual leg — for example, taking off one side of a strangle while leaving the other on. You choose Close at Market for an immediate fill or Close with Peg to work the order, then confirm on a dialog that shows the leg, its current bid/ask/mid, and the estimated P&L.

Warning

Close at Market and Close with Peg submit real orders to your broker. Always confirm your trading mode first, and never submit test orders while you are in live mode. For closing a whole position, and for split/expire/bulk actions, see Opening and closing positions.

Risk, Rules, and Activity

The remaining tabs cover the rest of a position's story:

  • Risk — the payoff and risk profile for this position, the same analysis you get in the Risk Lab. See Risk Lab.
  • Rules and Standing Orders — the automation attached to this one position: the conditions that will manage or exit it, and how many times each has fired. How rules and conditions work is explained once in Rules and conditions; what is specific to a single position is covered in Position rules.
  • Activity — a chronological timeline of everything that has happened to the position: fills, adjustments, rule firings, and closes.

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