Stock Option Accouting?

Derek Atkins warlord at MIT.EDU
Wed Jun 25 14:32:57 CDT 2003


Arnaud,

Arnaud Launay <asl at launay.org> writes:

> Le Wed, Jun 25, 2003 at 01:08:44PM -0400, Roland Roberts a écrit:
> > Is there anything in GnuCash to let me track stock options?  My
> 
> Yes.

I dont think you understand what "stock options" are..

> First, create a normal asset account, which will contain all
> stocks as subaccounts; define this account as a placeholder.
> 
> Second, create an account in it, of type stock, check get online
> quotes, and modify the commodity, select new, and put the symbol
> (code number) and type (defining place of the stock).

This works fine for normal stocks, but not options.

> Then, add the number of your stocks and the price in the account.

There is no price on an option.  An option isn't an asset.
An option is a "promise of an asset".  GnuCash does not track
promises.

> 	Arnaud.

-derek

-- 
       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
       Member, MIT Student Information Processing Board  (SIPB)
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