How To See Your “Average Price” On Interactive Brokers

[@twitchellmartis]

Short,simple and to the point video as always..keep up the good work Andrew....If you dont mind me asking why does your google postion show -500..are you selling calls on it?can you please elaborate?!

[@Andrew.Ferguson]

Thanks for watching and great question! The -500 position on Google is a a short position. Meaning I sold 500 shares to open the trade. If Google's price goes down I can then buy shares to close the trade and make a profit. But in this example I sold first or "shorted" 500 shares at $143.78 and then Google's price went up to $173.05. So I have a rough unrealized loss on this position of 143.78 - 173.05 X 500 = $14,635.

[@twitchellmartis]

@@Andrew.Ferguson thanks for the explanation