sale of cash secured put options

Question

Does the anyone know how to enter and track the sale of cash secured put options in Quicken?  I tried "Shrtsell" but this results in a negative balance for the amount of the shares sold, which is not correct.  Also, have never been able to enter call or options as a security in quicken.  These options have a separate market value that should be tracked.  Anyone know how to do this is quicken?

NotACPA · Answer

And the cash that you received from that short sale is what keeps your net worth neutral ... until the price of the Put Option changes (same as the purchase/sale of any other security).

Rocket J Squirrel · Answer

If you sold something you did not own, that is correctly a short sale.Quicken does not understand exchange-traded options (the built-in security type "Option" was created for employee stock options). But you can easily create your own options and still use the Option type.

Why not? It's no different than entering a stock.