How to enter expired options

bill.burt
Member ✭✭
When stock options held expire as worthless (not in the money), how does one remove the stock option? Would doing a simple Remove Shares suffice?
Thanks.
Thanks.
1
Best Answer
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Enter the "close position" transaction that matches the transaction you used to open the position, with a price of zero. Do not use Remove Shares.E.g., if you bought a put, sell it at zero to close the position.If you sold a covered call, close the position with a Cover Short transaction.Quicken user since version 2 for DOS, now using QWin Premier Subscription (US) on Win10 Pro.5
Answers
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Enter the "close position" transaction that matches the transaction you used to open the position, with a price of zero. Do not use Remove Shares.E.g., if you bought a put, sell it at zero to close the position.If you sold a covered call, close the position with a Cover Short transaction.Quicken user since version 2 for DOS, now using QWin Premier Subscription (US) on Win10 Pro.5
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Perfect. Thank you!0
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