Covered Calls and Cash Covered Puts

Dmitry Smolyanitsky
Dmitry Smolyanitsky Member ✭✭
edited September 2020 in Investing (Windows)
How does Quicken deals with proceeds received from Selling Covered Calls and Cash Covered Puts after option expires?

I recently Shrt Sell Couple Covered Calls and Cash Covered Puts. I received Cash for the sale. I Quicken Register I see entries

ShtSell PUT (Stock) You SOLD OPENING TRA and Amount
ShtSell CALL (Stock) You SOLD OPENING TRA and Amount

The Options have expired, but I still see position in Quicken Holdings screen. My brokerage does show those positions anymore. How do I fix the issue?
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Best Answer

  • Sherlock
    Sherlock Quicken Windows Subscription Member ✭✭✭✭
    Answer ✓
    The expiration of the ShtSell options should be entered using CvrShrt action transactions with a price of $0.00.

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