Naming convention for quotes?

Unknown

What is the naming convention for options so that Quicken will download the correct quotes?


Note: This conversation was created from a reply on: How do I handle a call option in Quicken DeLuxe 2017 Windows 10.

K.O. (Win-Premier)

Use the OCC format.  

https://en.wikipedia.org/wiki/Option_symbol

Note that not all brokers (TD Ameritrade is one) will send transactions to Quicken with the correct option coding structure.

jr7107

Another idea is a "Match to Online Security" for the downloaded transaction within Quicken. The broker should pull the correct end of day price and update.

Unknown

Thanks for your replies.

If I use the OCC format, will Quicken download the correct values when I update my portfolios at end of day?

In general, I am leery of downloading transaction data from brokers or banks. One reason of using Quicken, as I see it, is to compare my Quicken entries with the banks' or brokerages', so I spot any discrepancies,

K.O. (Win-Premier)

CemilB said:

Thanks for your replies.

If I use the OCC format, will Quicken download the correct values when I update my portfolios at end of day?

In general, I am leery of downloading transaction data from brokers or banks. One reason of using Quicken, as I see it, is to compare my Quicken entries with the banks' or brokerages', so I spot any discrepancies,

If you use the OCC format Quicken *should* cownload the quotes.   That said, from time to time I see reports about quotes not downloading (not options specific reports).

jr7107

CemilB said:

Thanks for your replies.

If I use the OCC format, will Quicken download the correct values when I update my portfolios at end of day?

In general, I am leery of downloading transaction data from brokers or banks. One reason of using Quicken, as I see it, is to compare my Quicken entries with the banks' or brokerages', so I spot any discrepancies,

I don't use OCC format, cannot comment on behavior. Ultimately given the short term nature of options I find that broker pricing is accurate. Additionally I use a generic security instead of letting options pile up in my Security list.

I recommend at least testing the download out with a test file if need be and watch the behavior, you might get more comfortable with it.