I am writing covered calls on Interactive Brokers, usually with around a month to expiration and 5% ITM.
In short, I profit from the time value.
Lets say stock X is at 100, I write a Covered call with strike 95 and, lets say, sell the option for 7. Total profit if called is 2 /93 = around 2%.
If the stock at exp is above 95, stocks get called away and I realize profit.
But somehow, I did not manage to find out where to best display this on IB with the reporting function.
I am also not sure if the Portfolio Performance Tool from IB is reporting the overall performance correctly with complex positions.
Does anyone know if there is a reporting function that directly displays the profits from a buy write transaction for each stock and the option that was sold with it in the same table?
This would help me a lot with this years tax declaration
Any help would be appreciated.