Go Back   CDN Business Directory > Main Category > Microsoft Money

 
 
Thread Tools Display Modes
 
Old 10-04-2003, 06:40 PM
Cal Learner-- MVP
Guest
 
Posts: n/a
Default Re: Entering puts and calls

In microsoft.public.money, Steve Brooks wrote:

- quote -

> I am attempting to enter a call option without success.
> The situation is as follows: I have an account in which I
> have a 100 share position of a stock. I have sold a call
> option on that company. When I try to enter the call
> option, per the directions in MSMoney help titled "Enter
> puts and calls" I follow this procedure.
> 1.Go to the account that contains the investment
> 2.Click NEW
> 3.In the INVESTMENT box, type the name of the new
> investment, which in this case is Call Dow Chemical Co.$35
> for 01/17/04.
> 4.Click STOCK, and then click NEXT
> 5.Enter the option symbol [DOWAG], and then click FINISH
> 6.In the ACTIVITY box, I click SELL
> 7. In the QUANTITY box, enter the number of shares you're
> entitled to buy or sell on the call or put. [ In my case,
> I have sold 1 Call option, so I enter 100 in the QUANTITY
> box.]


Money wants you to enter 1 for one contract of 100.

Be aware that there is a bug that won't let you later change the
option symbol later or to re-use that symbol for a different option
later.

You also could define the listed option as a stock rather than an
option. In that case you would enter 100 for the quantity. You can
change the symbol later in that case.


  #-1  
Old 10-04-2003, 06:15 PM
Steve Brooks
Guest
 
Posts: n/a
Default Entering puts and calls

I am attempting to enter a call option without success.
The situation is as follows: I have an account in which I
have a 100 share position of a stock. I have sold a call
option on that company. When I try to enter the call
option, per the directions in MSMoney help titled "Enter
puts and calls" I follow this procedure.

1.Go to the account that contains the investment
2.Click NEW
3.In the INVESTMENT box, type the name of the new
investment, which in this case is Call Dow Chemical Co.$35
for 01/17/04.
4.Click STOCK, and then click NEXT
5.Enter the option symbol [DOWAG], and then click FINISH
6.In the ACTIVITY box, I click SELL
7. In the QUANTITY box, enter the number of shares you're
entitled to buy or sell on the call or put. [ In my case,
I have sold 1 Call option, so I enter 100 in the QUANTITY
box.]
8.In the PRICE box I enter 1.35, and the commission info
9.When you are finished, click ENTER.

However when I click on enter, the following message comes
up. "you have entered more of'Call Dow Chemical$35 for
01/17/04' to renew or redeem than you have in this account"

I am confused by this message because I have 100 shares of
Dow Chemical in the account, which is the amount of shares
that having sold 1 Call option on Dow Chemical entitles me
to sell. What am I doing wrong?

 

Tags
calls, entering, puts
Similar Threads
Thread Forum Replies Last Post
Entering employer contributions
ddutch: The FAQ has the following information regarding entering employer contributions: "The more elaborate way that gets the contributions tied to...
Microsoft Money 5 09-18-2003 11:48 PM
Covered calls etc.
az-willie: Have they taught Money to handle downloads from your broker of items like covered calls and bull-put spreads etc. etc.?
Microsoft Money 3 08-24-2003 06:30 PM
Re: Locked out from entering or editing transactions.
Cal Learner-- MVP: In microsoft.public.money, M C Wright wrote: >I was balancing a bank account and the edit command nor >double clicking on a transaction will...
Microsoft Money 2 07-07-2003 06:42 PM



Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

All times are GMT. The time now is 03:18 AM.