For each trade, a color code will be assigned as to designate its status. The colors are below:
Code Green - This status means that the trade is profitable past the target set. Once this happens, the trade's stop loss will be moved up.
Code Yellow - This status means that the trade is profitable, but has not yet has reached the target price. The stop loss will move up to the cost basis of the trade.
Code Orange - This status means that the trade is below the cost basis but above the stop loss.
Code Red - The trade has hit the stop loss and is now over.
It surely help us organize, knowing the details in online options trading is what is all about.
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