Nov 05 2020 25 mins 3
As tastytraders, we are always defending, adjusting, and [rolling our positions](https://www.tastytrade.com/tt/shows/from-theory-to-practice/episodes/combo-rolls-in-action-04-25-2018 ) to keep our focus on duration over direction. When this happens, however, it can be a little difficult to determine where you stand on a given trade. So today, we lay out a very clear and simple process for [determining your cost basis on adjusted positions,](https://www.tastytrade.com/tt/shows/from-theory-to-practice/episodes/calculating-cost-basis-08-26-2019 ) using the adjustments we’ve made in both IBM and XLE as our guide.
