Hello great traders, I am just a beginner but managed to make few successful condor trades. I have basic understanding of the greeks. However I do not understand what T+0 line is and the dynamics of it. I keep reading about it in this forum a lot. Could anyone shed some light on it?
I'm sure others will chime in with a more technical explanation, but T+0 is "Time plus zero", meaning if you pull up a risk graph of your position (in whatever software you use: TOS, OptionVue, etc) it is a graphical representation of how your trade would behave "today" if the market moves up/down/sideways. Of course it is dynamic and will be moving a little based on volatility change, etc.
T+0 = what is happening today (live)
T+x = estimation of "x" days into future