This measures your dollar delta exposure to your account value. It will be somewhat closely tied to the Portfolio Risk Slide, but there are times when these measures differ, so we will give them both to you. This looks at your account’s behavior based on its current dollar delta position compared to the amount of money in your account.

Your account’s current exposure to the market as determined by the dollar delta is [x%] of your current account value.

10 = 1000%

8 = 1000-600%

6 = 600-400%

4 = 400-100%

2 = 100-50%

0 = 50-0%

Another relatively uncommon scenario appears when people are trading boxes that don’t have huge regulatory requirements. Usually when they are trading box spreads (a four-sided option spread that involves a long call and a short put at one strike price as well as a short call and a long put at another strike price) that don’t have huge regulatory requirements. Usually when they are trading boxes there is something causing the value of the box to be over parity. This can happen from the stock being very hard to borrow, a tender offer, or a big dividend. This is an advanced strategy that should not be tried by novices. Even experts should understand when they are too weighted to this.

You have expanded your Portfolio’s Value to [X]x your account value.

10 = 5x

8 = 5-4x

6 = 4-3x

4 = 3-2x

2 = 2-1x

0 = 1-0x