When one of my Options holdings expire worthless, what Action should be chosen?

If I BOUGHT an option and then it expires worthless, is remove shares, sell shares for $0???


  • K.O. (Win-Premier)
    K.O. (Win-Premier) Member ✭✭✭✭
    Sell shares at $0.
  • Thom Ianniccari
    Thom Ianniccari Member ✭✭
    KO obviously you did not read my comment above. However, i located the error and corrected the issue.
    Quicken should have an Action called Options Expired or some such.

  • NotACPA
    NotACPA SuperUser ✭✭✭✭✭
    Why create a new action, when Sell At $0 does what you need.
    And " is remove shares, sell shares for $0???" is incoherent.  KO replied with an answer anyway.

    Q user since DOS version 5
    Now running Quicken Windows Subscription, Home & Business
    Retired "Certified Information Systems Auditor" & Bank Audit VP
  • Thom Ianniccari
    Thom Ianniccari Member ✭✭
    I finally deleted the buy and sell transactions and entered them manually. Problem solved.  It appears the problem occurred after an upgrade to the Quicken software obviously had a glitch.
  • volvogirl
    volvogirl SuperUser ✭✭✭✭✭
    You didn't mention any problem you were having.  Just asked what to use to record it.  I think you were missing the word "or" between remove shares and sell shares.

    I'm staying on Quicken 2013 Premier for Windows.

  • Jim_Harman
    Jim_Harman SuperUser ✭✭✭✭✭
    Or perhaps he meant, "Is remove shares the same as sell shares for $0?"
    QWin Premier subscription
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