think of the premium sold as his revenue, and think of the 70,618 as his cost of revenue. the net amount is his gross profit, then you take out fees and commissions and you get a profit. the chart does ignore taxes so their net profit is somewhere lower than the 18,362 shown here
PMmeGRILLEDCHEESES t1_iy3hxoa wrote
Reply to comment by indyK1ng in [OC] I sell options for a living. Here is a glimpse into what a typical month looks like. My October performance. by ShallowNefariousness
think of the premium sold as his revenue, and think of the 70,618 as his cost of revenue. the net amount is his gross profit, then you take out fees and commissions and you get a profit. the chart does ignore taxes so their net profit is somewhere lower than the 18,362 shown here