Iceberg Options Solutions

Depending on the type of instrument you want to edit (Edit) The Edit window is different, if you edit a futures o an underlying the window is named Edit Underlying, if you edit an option the window is called Edit Option .
All changes that will be made in Edit Option and Edit Underlying will be saved ONLY for the current strategy. If you want that your changes are saved permanently the change must be made in Symbol Manager.

It is recommended to make changes to the parameters that are in Edit Option and Edit Underlying only if you are sure of you are doing

• Name: name of the tool that appears in Iceberg;
• Color: identifying color of the instrument on the payoff;
• Symbol Type: type of instrument;
• Expiry Date: the instrument's maturity date;
• Mode: choose if the futures must be considered in the calculations and the payoff, as a stock or a future. For ease of understanding we may want to consider it as a stock.

The graphical representation of a future is not rectilinear since its value also changes with the passage of time. It is therefore a curve, very slightly marked but still a curve. This feature means that in the representations of payoffs combined with the options they have of curvilinear forms, and the calculations of maximum risk and maximum gain are related to the actual shape of the future. To avoid having payoff difficult to understand they are designed considering the future designed as if it were a stock, leaving the user to select any redesign in future arrangements.

• Edit Price: enable to change the underlying prices;
• Bid: value that you want to attibute to bid;
• Ask: value that you want to attribute to ask ;
• Last: value that you want to attribute to last;
• Profit / Loss Price: the price of the instrument on which it is calculated the Profit / Loss.

• Point Value: Value of each point of variation of the title;
• Lot Size: number of underlying for every contract;
• ETF Ratio: Value can be modified only for ETF instruments - Hedge Index. Value of the relationship between ETFs and corresponding index;
• Historical Volatility: value of the historical volatility of the instrument;
• Customize Symbol: button that opens the Symbol Selection window to modify the connection symbol of the instrument to the broker;
• Dividends: button that allows the insertion of dividends for the instrument.

• Name: name that appears in Iceberg;
• Color: identifying color of the option on payoff;
• Underlying: underlying of the option;
• Class: Class of the option, this parameter edit ONLY the calculation of the theoretical price, it is recommended to do not change this parameter;
• Type: Call or Put;
• Theoric Calculation Method: theoretical calculation method, this parameter edit ONLY the calculation of the theoretical price, it is recommended to do not change this parameter;
• Future Option: Enable if the option is an option on futures (Euro Bund for example);
• Strike: option strike;
• Expiry Date: expiration date of the option.

• Edit Price: enable to change the underlying prices;
• Bid: value that you want to attibute to bid;
• Ask: value that you want to attribute to ask;
• Last: value that you want to attribute to Last;
• Profit / Loss Price: the price of the instrument on which it is calculated the Profit / Loss.

• Implied Volatility: value of the implied volatility of the instrument;
• Risk-Free Rate: present value of the interest risk-free rate;
• Point Value: Value of each point of variation of the title;
• Lot Size: number of underlying for every contract;
• Implied Volatility: the value of the historical volatility of the instrument;
• ON Hedging Threshold: for hedging, this value identifies the price of the underlying on which heging start;
• Hedging OFF Threshold: for hedging, this value identifies the price of the underlying on which hedging stop ;