Thanks for the feedback @Badunit and @Camelot, I should have explained it in more detail.
The graph above shows a Short Iron Condor option strategy composed of taking out 4 options (buy 2 of the options for a debit and sell 2 for a credit on your account) where you profit if the underlying asset price remains within a specific mid-range. The issue arises from the way option premiums from my tables are represented on the chart to achieve accurate slope direction.
1. Long Call (Debit / Bullish):
Purchased, hoping the underlying asset eg the Dow Jones, increases in value.
Premiums are left as positive numbers to plot a line that correctly slopes upward to the right as the Dow Jones price rises.
2. Short Call (Credit / Bearish):
Sold, hoping the Dow Jones decreases in value.
Premiums are made negative to correctly slope the line downward to the right as the Dow Jones price rises.
3. Short Put (Credit / Bullish):
Sold, hoping the Dow Jones increases in value.
Premiums are made negative to correctly slope the line downward to the left as the Dow Jones price falls.
4. Long Put (Debit / Bearish):
Purchased, hoping the Dow Jones decreases in value.
Premiums are left as positive numbers to plot a line that correctly slopes upward to the left as the Dow Jones price falls.
The issue is for accounting purposes, Short Calls and Short Puts are credits and should be positive values, while Long Calls and Long Puts (debits) should be negative. However, so I could maintain the correct slope direction in the graph, I had to reverse the signs. The chart is correctly plotted with slopes representing the profit/loss curves. However, the plotted profit at the mid-range of the strategy shows as - $62, instead of + $62, because the values are inverted to achieve the correct visual representation of the strategy's P&L curve.
Is there a way to display the correct P/Lvalues (+ and -) without distorting the graph’s slope direction?
Cheers again!