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In a message dated 97-11-17 10:25:56 EST,
Daniel.Goncharoff@xxxxxxxxxxxxxxxxxxxx writes:
<< 
 I would not include full commission on loss, since you would let it
 expire otm...
  >>
With my broker, when I open an option position I pay the roundtrip
commission.  When I close the position, it is free (except exchange fees) I
believe.  Is it different with you?  Not that it matters much with the
numbers given, losing $1400 on one trade and winning $200 on each of four
trades, you come out behind even with zero commission and slippage!
Larry Brown
 
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