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How do I make expired options balance in reports?

I sold some options as part of a split (i.e. 40) Later I closed some of the positions (I.e. 10) The remaining 30 expired. I entered the original 40 as a short sell. Then I entered the closing positions as a CvrShrt

In trying the handle the expiring positions, I did an adjust share balance to zero. This generated a placeholder transaction because it wanted a value. Quicken does not understand a zero value. Also, the report balances are off. It does not report the loss so all my reports are screwed up.

Anyone solved this problem with expiring options and getting entries in so that the balances and the reports are correct? I am very frustrated.

Reply to
zzz
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============Quicken is absolutely TERRIBLE for handling investments. Try Tradelog or Gainskeeper.

I import to Quicken also but don't rely on it at all. It is full of placeholders for all kinds of transactions it doesn't understand. I gave up trying to make all the placeholders go away .. it would be a full time job. I only bother to import to Quicken because it is easy to do and gives one more possible backup to find transactions in case everything else went to hell.

It can't even handle a short sale properly most of the time .. god help you if you have a butterfly or strangle or anything more than a straight buy / sell.

I wear suspenders and a belt :) I use both Tradelog and Gainskeeper and they both make Quicken's investment section look like it was written by a first year programmer ... hmmm more truth than poetry there.

Save yourself a whole lot of trouble and get one or both of the above programs. Gainskeeper has some nice features to warn you of potential wash sales and shows you potential double down situations but I wind up using Tradelog to figure the taxes and for routinely searching for stock transactions.

Both of them are worth the money.

Quicken? Blah.

Reply to
az-willie

You're asking for help with Q.

But there is reply about using alternative personal finance softwares...and I suppose that is meant for those with professional requirements. And when I see mention of alternative personal finance softwares I link to 'KBH Investor Accounting'.

'KBH Investor Accounting' uses a terminology of "Buy to Open" or "Sell to Open" for all types of securities. The software has a first-in-first-out transaction matchings that does not require designated blocks but works with number of securities. And the program accounts year-to-date gain/loss of realized positions and unrealized positions combined together. In all the program has a Register book, a Portfolio book, a Mark-to-Market book, a Realized book, and a Transaction input book.

Here is a user link to 'KBH Investor Accounting':

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Reply to
KBH

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