Stock trades and realized gains/losses
Neil Jerram
neil@ossau.uklinux.net
09 Jan 2003 23:08:24 +0000
>>>>> "Derek" == Derek Atkins <warlord@MIT.EDU> writes:
Derek> Now, let me show you how this looks from the LOT view. In paricular
Derek> the Lot view has the following splits:
Derek> (type) amt val (amt-bal) (val-bal)
Derek> buy 10 $100 10 $100
Derek> sell -5 -$150 5 -$50
Derek> (gain) 0 $100 5 $50
Derek> The (new) invariant of a Lot is that it is "closed" when both the
Derek> sum-of-amount _AND_ sum-of-value is zero. That way you know it is
Derek> closed when you've accounted for all the shares _AND_ all the
Derek> gain/loss.
So how would one close the Lot just above? (I mean, wouldn't it need
another gain-like split that would cancel out the one that's there
already?)
Neil