The thing that bothers me the most about Quicken (Delux 2012 and previous) is its disregard for options. Best I can tell, it says to treat them like stocks. This means if you write an option, you have to enter it as a "short" sale. Which it essentially is. But you would think after all these years they would address it. They could even ask you for the expiration date and then alert you and ask if it expired. The other problem is, if an option expires, it sort of disappears from your brokerage account and you have to manipulate things manually after a download to quicken.So, am I missing something? Any great tricks you guys use?Thanks
The other problem is, if an option expires, it sort of disappears from your brokerage account and you have to manipulate things manually after a download to quicken.That part is as much a problem with your brokerage as with Quicken. It could be fixed on either end, if Quicken understood options. But I've had option positions expire, and my brokerage (InteractiveBrokers.com ) includes a transaction for the expiration - a purchase or sale (whichever is appropriate) at zero price with zero commission.
I'm probably ignorant, but Quicken sucks for my "disaster puts". Extra SPY shares pop up in my allocation, and I think I'm treating it correctly.I've taken to setting up a special xxx suffix that disables downloads and only looking at the original price. I then manage them in my Vanguard account.I'd take any advice because if I'm not careful with a download Q will assume I've bought the underlying put shares.BobRYR Home Fool
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