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I sold a Put option how do I record this in quicken?

I sold a Put option and need to know how to reflect this in Quicken and then what do I do if it expires or if it is exercised and I receive the stock?

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Answers

  • K.O. (Win-Premier)
    K.O. (Win-Premier) SuperUser ✭✭✭✭✭
    Short sell the Put in Quicken.  If it expires Cover Short at $0 price.  If exercised you can covert short at $0 and buy the common.
  • Tom Young
    Tom Young SuperUser ✭✭✭✭✭
    You do a ShtSell action in Quicken to record the transaction.  If it expires you "buy" it back at a price of $0.  If the put option is exercised you use the exercise cash plus the cash from writing the put to buy the stock.
  • Amy
    Amy Member ✭✭
    thanks to you both. On the short sell of the put. I used 100 shares for 1 put and the price I received for the put. now my portfolio view is using the ticker for the underlying stock and showing a large loss. How do I adjust for that?
  • NotACPA
    NotACPA SuperUser, Windows Beta Beta
    Did you use the stock's symbol for the Put also?
    Q user since DOS version 5
    Now running Quicken Windows Subscription,  Home & Business
    Retired "Certified Information Systems Auditor" & Bank Audit VP
  • Amy
    Amy Member ✭✭
    I accepted the downloaded transaction which was a sell and changed it to a short sale. I expect it picked up the ticker from the downloaded transaction.

    Expect I should delete that and just enter a transaction with no ticker.
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