You probably won’t actually exercise a call or put. You’ll probably sell it, as described above. If you do exercise a call or buy option, however, you need to record two transactions. To record the exercise of a call option, first record a transaction that sells the call option for zero. Continue reading
Tag Archives: investing
Online investing: Writing Calls and Puts
A call is an option to buy a share of stock. A put is an option to sell a share of stock. You may write, buy, or exercise calls and puts. When you write a call or put, what you really do is collect money from someone in return for promising the person the option, or chance, to buy or sell a share of stock at a specified, or strike, price by some future date. Continue reading
Online investing: Recording Share Splits
A share split occurs when the mutual fund or company gives each current shareholder new shares. In a two-for-one split, for example, a shareholder receives one new share for each share already held. Someone who holds 100 shares prior to the split. Continue reading
Online investing: Recording Account Fees Part (2)
(When you record this transaction, Quicken sets the Price box value back to 0, so both the Price and XFer Amt boxes ) If you use the Sell/Remove Shares dialog box (displayed when you click Sell/Remove Shares on the Easy Actions menu) to record an account fee transaction. Continue reading
Online investing: Recording Account Fees
If you write a check to pay an account fee, you don’t need to do anything special in the investment register. You just write the check in the usual way. Categorize the check that pays an account fee as investment expense or a similar expense category. Items such as an Individual Retirement Account (IRA) and custodial fees are miscellaneous deductions. Continue reading