Guides
Guides for journaling options trades
Three practical guides to the parts of options journaling that trip people up: rolls, the Interactive Brokers Flex Query and the P&L of multi-leg positions. Each one follows what MindTrajour does on screen, with a worked example.
How to journal an option roll
Log an option roll as a close plus a new trade, keep both in one bundle and read the campaign P&L. Steps plus a credit and a debit roll example.
Read the guideHow to set up an IBKR Flex Query for your trading journal
Create an Activity Flex Query in IBKR Client Portal, connect it with a token and Query ID, and sync your options trades into your journal.
Read the guideHow P&L of a multi-leg option position is calculated
Gross vs net P&L, fees per leg and contract, per-contract P&L, max profit and max risk for multi-leg options, with an iron condor worked example.
Read the guide