## Rate of Return Calculation

Rate of return is always calculated as max profit / max loss for all position types, where max loss is defined as the theoretical risk less any premium received.

## % Premium Calculation

The formula for % premium increase/decreased is:

Where *change**percent* is equal to the net *change* in position value divided by the *openPrice *of the position, defined as:

## Return % Calculation

Percentage return measures the percentage gain or loss on an asset or portfolio relative to its starting value.

In the example above, the investor earned a $1,250 total dollar return on a $5,000 investment. To calculate the total return in percentage, simply divide the total gains ($1,250) by the starting value ($5,000) = 25%.

Total percent return can be a better indicator of return on investment because it shows growth relative to the initial investment.

## Total P/L

The sum of open and closed P/L.

## Total P/L %

The total P/L divided by the bot allocation.

## Day P/L

The current intraday total P/L minus the previous days closing P/L value or $0 if no previous day.

## Day P/L %

The day P/L divided by the previous day's closing new liquid or bot allocation if no previous day.

## Closed P/L

The bot's P/L for all closed positions.

## WinÂ Rate

The bot's percentage of winning trades. Win Rate (win%) = number of wins divided by total number of closed trades.