{"slug":"one-options-trade-start-to-finish","qid":"position_mark","label":"The daily mark on one AAPL March 2026 call: premium, intrinsic value, time value","post_title":"Options Trade Example: Start to Finish","post_url":"/blog/one-options-trade-start-to-finish#q-position_mark","columns":["session_date","session_label","days_left","premium","intrinsic_value","time_value"],"rows":[{"session_date":"2026-02-20","session_label":"Feb 20","days_left":28,"premium":7.4,"intrinsic_value":0,"time_value":7.4},{"session_date":"2026-02-23","session_label":"Feb 23","days_left":25,"premium":8.54,"intrinsic_value":1.18,"time_value":7.36},{"session_date":"2026-02-24","session_label":"Feb 24","days_left":24,"premium":12.35,"intrinsic_value":7.14,"time_value":5.21},{"session_date":"2026-02-25","session_label":"Feb 25","days_left":23,"premium":13.6,"intrinsic_value":9.23,"time_value":4.37},{"session_date":"2026-02-26","session_label":"Feb 26","days_left":22,"premium":12.1,"intrinsic_value":7.95,"time_value":4.15},{"session_date":"2026-02-27","session_label":"Feb 27","days_left":21,"premium":6.85,"intrinsic_value":0,"time_value":6.85},{"session_date":"2026-03-02","session_label":"Mar 2","days_left":18,"premium":6.73,"intrinsic_value":0,"time_value":6.73},{"session_date":"2026-03-03","session_label":"Mar 3","days_left":17,"premium":6.25,"intrinsic_value":0,"time_value":6.25},{"session_date":"2026-03-04","session_label":"Mar 4","days_left":16,"premium":5.1,"intrinsic_value":0,"time_value":5.1},{"session_date":"2026-03-05","session_label":"Mar 5","days_left":15,"premium":3.84,"intrinsic_value":0,"time_value":3.84},{"session_date":"2026-03-06","session_label":"Mar 6","days_left":14,"premium":3.04,"intrinsic_value":0,"time_value":3.04},{"session_date":"2026-03-09","session_label":"Mar 9","days_left":11,"premium":3.03,"intrinsic_value":0,"time_value":3.03},{"session_date":"2026-03-10","session_label":"Mar 10","days_left":10,"premium":3.05,"intrinsic_value":0,"time_value":3.05},{"session_date":"2026-03-11","session_label":"Mar 11","days_left":9,"premium":2.6,"intrinsic_value":0,"time_value":2.6},{"session_date":"2026-03-12","session_label":"Mar 12","days_left":8,"premium":1.04,"intrinsic_value":0,"time_value":1.04},{"session_date":"2026-03-13","session_label":"Mar 13","days_left":7,"premium":0.24,"intrinsic_value":0,"time_value":0.24},{"session_date":"2026-03-16","session_label":"Mar 16","days_left":4,"premium":0.12,"intrinsic_value":0,"time_value":0.12},{"session_date":"2026-03-17","session_label":"Mar 17","days_left":3,"premium":0.07,"intrinsic_value":0,"time_value":0.07},{"session_date":"2026-03-18","session_label":"Mar 18","days_left":2,"premium":0.02,"intrinsic_value":0,"time_value":0.02},{"session_date":"2026-03-19","session_label":"Mar 19","days_left":1,"premium":0.01,"intrinsic_value":0,"time_value":0.01}],"shape":"series","sql":"WITH\n    (\n        SELECT round(toFloat64(close), 2)\n        FROM global_markets.stocks_daily_aggs\n        WHERE ticker = 'AAPL'\n          AND date = '2026-02-20'\n    ) AS entry_close,\n    (\n        SELECT ticker\n        FROM global_markets.options_greeks\n        WHERE underlying_symbol = 'AAPL'\n          AND lower(option_type) LIKE 'c%'\n          AND expiration_date = '2026-03-20'\n          AND date = '2026-02-20'\n          AND toFloat64(option_close) > 0\n          AND toFloat64(strike_price) > entry_close\n        ORDER BY strike_price\n        LIMIT 1\n    ) AS chosen_contract\nSELECT\n    toString(date)                                AS session_date,\n    formatDateTime(date, '%b %e')                 AS session_label,\n    toUInt16(any(g.days_to_expiry))               AS days_left,\n    round(toFloat64(any(g.option_close)), 2)      AS premium,\n    round(greatest(any(s.stock_close) - toFloat64(any(g.strike_price)), 0.0), 2) AS intrinsic_value,\n    round(toFloat64(any(g.option_close))\n          - greatest(any(s.stock_close) - toFloat64(any(g.strike_price)), 0.0), 2) AS time_value\nFROM global_markets.options_greeks AS g\nINNER JOIN\n(\n    SELECT\n        date,\n        toFloat64(close) AS stock_close\n    FROM global_markets.stocks_daily_aggs\n    WHERE ticker = 'AAPL'\n      AND date BETWEEN '2026-02-20' AND '2026-03-20'\n) AS s USING (date)\nWHERE g.ticker = chosen_contract\n  AND date BETWEEN '2026-02-20' AND '2026-03-20'\nGROUP BY date\nORDER BY date","computed_at":"2026-10-07T16:18:40.108012+00:00","elapsed":0.004851923}