I sold a call option (naked call) and it expired worthless yesterday. Any ideas on how to record that expiration?
thanks,
Recording option expiration
Apr 22, 2007
3 Replies
You sold it for $0.00.
Thanks Fred and Jim,
Jim, you're right, I did sell it short, so I guess recording the expiration as covering a short should work.
Fred, in this case since it was a short position, I guess it's like I bought it for $0.00.
While I was customizing a transaction history report, I noticed that one of the "actions" available in the customizing screen was "expire", but I sure can't find that in the various options of recording a transaction. I'm going to go ahead and record is as covering a short position.
Thanks for the input guys.
Take care, Hal
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