Option Realized Premium
Returns realized option premium still available to spend: net realized P&L from closed short option positions, minus premium already spent by opens sized with Percent of Realized Premium. Proceeds from closing long options are not added back. This is the balance that allocation sizes against. It goes negative when closed shorts lost money, and a negative balance funds nothing. Lookback Days limits it to activity within that many days of the evaluation date; leave it empty for the whole life of the book.
Option Realized Premium
Definition
Returns realized option premium still available to spend: net realized P&L from closed short option positions, minus premium already spent by opens sized with Percent of Realized Premium. Proceeds from closing long options are not added back. This is the balance that allocation sizes against. It goes negative when closed shorts lost money, and a negative balance funds nothing. Lookback Days limits it to activity within that many days of the evaluation date; leave it empty for the whole life of the book.
Parameters
Underlying (optional), Lookback Days (optional)
Output range: -∞ to ∞ (dollars)
Example
`Option Realized Premium(IBIT) > 500` (at least $500 of banked IBIT premium is available to fund long options)
Usage notes
Filtered by underlying only, never by option type: put premium funding calls is the point, and a put-only balance would ignore the call debits. Check it against Option Realized P&L, which measures the same closes without the spending.
Full indicator reference