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  #3  
Old 01-27-2008, 07:01 AM
netoguy
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Default Re: Issue with Stock Option Prices Updates

It is Microsoft Money Plus Home and Business v17.0.150.727
Which I believe is Money 2008, but since Microsoft can't seem to stick with
the same naming convention for more than a few years I'm not sure.

As for the other comments, The symbol is entered correctly, I am opening the
postitions with Buy to Open with the proper # of contracts. The price updates
properly sometimes, but when the markets are closed and I do an update the
price it brings in is multiplied by 100. Example...True option price is $1.30
per contract, MS Money will download $130.00 per contract. Obviously a bug in
the service they use for the stock price updates.

This seems like a very evident bug that other users should be experiencing
also..??? But I sure am not going to pay hundreds of dollars to call MS tech
support and spend hours of time talking to someone who hardly speaks english
and doesn't even know what the heck a Stock Option just for them to tell me I
need to reformat my computer and reinstall everything, which has nothing to
do with the problem.

"Cal Learner-- MVP" wrote:

- quote -

> In microsoft.public.money, Cal Learner-- MVP wrote:
> > Note that a quirk prevents you from being able to
> > change the symbol for a security that has been defined as an Equity
> > Option.

> That was fixed... maybe starting in Money 2007? With newer versions
> there is no problem changing the symbol too.

  #2  
Old 01-26-2008, 11:23 PM
Cal Learner-- MVP
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Default Re: Issue with Stock Option Prices Updates

In microsoft.public.money, Cal Learner-- MVP wrote:

- quote -

> Note that a quirk prevents you from being able to
> change the symbol for a security that has been defined as an Equity
> Option.


That was fixed... maybe starting in Money 2007? With newer versions
there is no problem changing the symbol too.
  #1  
Old 01-26-2008, 11:19 PM
Cal Learner-- MVP
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Posts: n/a
Default Re: Issue with Stock Option Prices Updates

In microsoft.public.money, netoguy wrote:

- quote -

> CORRECTION: It is 100 times not 10 times the actual price.
> Example:
> .MSQBZ Closed on 1-25-08 at $1.30
> In the UPDATE Price section it shows an entry on 1-25-08 $1.300 with a
> source of Online.
> Then on 1-26-08 when I connected to download transaction and new entry
> appears in there as 1-26-08 $130.000 with a source of Update. That is 100
> times the correct value.
> I have to go in here and delete each of these erroneous updates since they
> cause my portfolio value to be much higher than it truly is.


Calming down? You don't say what program are you using.

Suppose you are selling 10 covered calls. If you define the option
as an Equity Option, enter a "Sell to Open" transaction for 10
contracts. Note that a quirk prevents you from being able to
change the symbol for a security that has been defined as an Equity
Option. Thus you might want to name the option "DOW 30 Jan Call"
rather than "DOW 30 Jan 04 Call". Expire will be a native type for
the options.

If you have an older version, Equity Option would not be a choice.
In that case, if you define the option as a Stock, enter a "Short
Sell" transaction for 1000` shares. You will be able to change the
symbol later if you like. To expire the option, enter a Cover
Short for $0.


Note that for quotes download, the symbol must start with a period.
For example, .DOWAF is the symbol for Dow Call Jan $30. If you are
entering the prices manually, you can leave the symbol blank.




- quote -

> "netoguy" wrote:
> > Whenever Money updates my Stock Option prices they are incorect. They show
> > the option price as 10 times what it acutally is.
> > I then have to go into the Update Prices section and delete the downloaded
> > value since it causes my portfolio to have the incorrect value.
> > I'm not sure but this may only occur when I do an update after market hours.
> > > I would like to report this to Microsoft but they seem to want to charge me

> > for a support call which is stupid since it is clearly an issue with their
> > online services and not me or my computer. Does anyone know how to report an
> > bug to microsoft with out them charging you for doing so?
> > > I'm about fed up with this stupid program that the keep making you re-buy

> > each year and they never fix a single thing. Lucky for them their isn't an
> > easy way to migrate to another program without having to setup all your
> > accounts again.

 
Old 01-26-2008, 10:56 PM
netoguy
Guest
 
Posts: n/a
Default RE: Issue with Stock Option Prices Updates

CORRECTION: It is 100 times not 10 times the actual price.
Example:
..MSQBZ Closed on 1-25-08 at $1.30
In the UPDATE Price section it shows an entry on 1-25-08 $1.300 with a
source of Online.
Then on 1-26-08 when I connected to download transaction and new entry
appears in there as 1-26-08 $130.000 with a source of Update. That is 100
times the correct value.
I have to go in here and delete each of these erroneous updates since they
cause my portfolio value to be much higher than it truly is.

"netoguy" wrote:

- quote -

> Whenever Money updates my Stock Option prices they are incorect. They show
> the option price as 10 times what it acutally is.
> I then have to go into the Update Prices section and delete the downloaded
> value since it causes my portfolio to have the incorrect value.
> I'm not sure but this may only occur when I do an update after market hours.
> I would like to report this to Microsoft but they seem to want to charge me
> for a support call which is stupid since it is clearly an issue with their
> online services and not me or my computer. Does anyone know how to report an
> bug to microsoft with out them charging you for doing so?
> I'm about fed up with this stupid program that the keep making you re-buy
> each year and they never fix a single thing. Lucky for them their isn't an
> easy way to migrate to another program without having to setup all your
> accounts again.

  #-1  
Old 01-26-2008, 10:46 PM
netoguy
Guest
 
Posts: n/a
Default Issue with Stock Option Prices Updates

Whenever Money updates my Stock Option prices they are incorect. They show
the option price as 10 times what it acutally is.
I then have to go into the Update Prices section and delete the downloaded
value since it causes my portfolio to have the incorrect value.
I'm not sure but this may only occur when I do an update after market hours.

I would like to report this to Microsoft but they seem to want to charge me
for a support call which is stupid since it is clearly an issue with their
online services and not me or my computer. Does anyone know how to report an
bug to microsoft with out them charging you for doing so?

I'm about fed up with this stupid program that the keep making you re-buy
each year and they never fix a single thing. Lucky for them their isn't an
easy way to migrate to another program without having to setup all your
accounts again.
 

Tags
issue, option, prices, stock, updates
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