How to enter expired options

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bill.burt Quicken Mac Subscription Member ✭✭

June 2020 in Registers & Transactions (Mac)

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.

1

Best Answer

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  Rocket J Squirrel Quicken Windows Subscription SuperUser ✭✭✭✭✭

  June 2020 Answer ✓

  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, as of 2025 using QWin Premier (US) on Win10 Pro & Win11 Pro on 2 PCs.

  5

Answers

• 

  Rocket J Squirrel Quicken Windows Subscription SuperUser ✭✭✭✭✭

  June 2020 Answer ✓

  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, as of 2025 using QWin Premier (US) on Win10 Pro & Win11 Pro on 2 PCs.

  5
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  bill.burt Quicken Mac Subscription Member ✭✭

  June 2020

  Perfect. Thank you!

  0

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