Obviously never tested by MS.

x - (-y) = x + y

I'm w/ M03 Dlx and it doesn't try to be so smart so I use the Strike
sans premium as stock price which is fine IMO because I also track w/
Open Office spread sheets by d/l'ing closing prices from a Smartmoney
portfolio.

arthur
--
On Tue, 28 Dec 2004 15:05:17 GMT, (Cal Learner-- MVP) wrote:
- quote -

..
support SPAM - fools use real email addresses in public forums.

In microsoft.public.money, siddharthsawe[at]gmail.com wrote:

- quote -

I have not confirmed it, but I expect that if/when I try it I will
confirm it to be a bug.

There seems to be a bug in microsoft money in options tracking. I am a
option underwriter, i never buy options but i always sell covered
options( Calls and Puts both) and sometimes i do sell uncovered calls.

The thing that i discovered is as follows:
1) I sold 10 INTC Dec 25 Put, accordingly i added an investment called
"10 INTC Dec 25 Put" ( basically so that i know what the position is
just by looking at the title). I specified the premium and the
commission the total was correctly computed to be total premium - the
commission. Since this was a sale to open a new position i specified
the "activity" as "Sell to Open" so far so good.

2) This sale got exercised on the option expiration date by the buyer
of the option. In order to reflect this, i added a "exercise"
transaction with the correct number of contracts.
2a) This automatically created a dummy transaction with activity "Buy
to Close" (essentially to cancel the gain shown by the original entry (
the one with activity "Sell to Open"). Nothing wrong with this...so far
so good.
2b) A second transaction with activity "Buy" was automatically created
with the investment set to the underlying stock i.e INTC , nothing
wrong with this either "except" for the fact that the "price" *instead*
*of* being the strike_price - premium_received was set to strike_price
+ premium_received

Is there something that i am doing incorrectly or is this a genuine buy
with MS Money 2005 deluxe?
thanks
Siddharth