I purchase regular March 10 calls awhile ago for $0.80. The options were in the money an I exercised them. After downloading the transaction from my broker (Fidelity) the transactions were: Remove x options Buy x shares at $10
The end result was that Quicken shows the stock position with a $10.00 basis whereas the basis should be $10.80 (plus transaction costs).
Quicken has an "exercise employee stock option" but it does not have an "exercise regular stock option".
What is the best way of correcting the transactions? Would the following replacement transactions work: Sell x options at cost Buy x shares at $10.80 ( plus transaction costs)
Any suggestions welcome.