Calculating the valuation of an option trade

x15g

Newbie
2 0
I am just starting out with this whole world of "Options Trading", so please excuse me.

I see this trade: FTSE-100 INDEX CALL ESX FEB 20 7700 Exp: 21-Feb-2020
with the following details

Trade Price: 17.00
Settlement Price: 48.50
Short: 50
Valuation: -24,250.00

I am trying to decipher this. So let me explain what I understand so far.
It is a short ftse call option with strike price 7700 with expiration date 21st Feb 2020.
Now, what I don't understand is the difference between trade price and settlement price, what that short 50 means and how it derives to a valuation of -24,250.00.
What does that valuation mean?
 

x15g

Newbie
2 0
Appreciate the reply but it would be nice if someone can put me out of my misery in understanding how that valuation is derived.
 

MasterOfCoin

Well-known member
286 101
It's the weekend, so while I'm sure one of the forums 'options' experts will reply soon enough, you may need to be patient until the question has clocked up a few more views.

& there's a whole sub-forum on Options to browse while you wait.

:)
 
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