Stock Option Accounts


P

P Fanelli

Hi Everyone,

I have set-up a stock option account in the account 'invest'. All is well
with the detail in the account - transactions, amounts, vest dates. The
issue is that Quicken doesn't any account value towards net worth. It shows
quite a bit of 'market value' but net worth recognizes no value from the
account. Is this proper?

I'm using Q Priemier 2008 on a HP AMD machine.

Your thoughts welcome.

Patrick
 
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M

Marc Auslander

Stubby said:
An option has no value until it is exercised.

An option's value is the net profit (market value - excercise cost) at
current market. My option account in quicken adds that value to my
net worth, and shows it as the value of the account. Does quicken
know the current market value of the securities?

Beyong that - I have no idea what to say - I set mine up years ago and
it just works.
 
P

P Fanelli

Hi there, and thanks for the information.

I have to say - I see this functionality different than say a regular
brokerage account. In a regular brokerage account - the current stock value
is used in the net worth calculation - so why wouldn't that same approach be
taken in including the option value in contributing to net worth?

Thanks again for the input.
 
J

John Pollard

P said:
Hi there, and thanks for the information.

I have to say - I see this functionality different than say a
regular
brokerage account. In a regular brokerage account - the
current stock
value is used in the net worth calculation - so why wouldn't
that
same approach be taken in including the option value in
contributing
to net worth?
Generally, Quicken gets Net Worth right.

But you must insure that the Net Worth value you are viewing
includes all the Accounts and Securities that you consider to be
part of your Net Worth.

Almost every Quicken Net Worth presentation allows you to select
(customize) the Accounts that are used to produce the net worth
amount.

You have not provided a single clue as to what Net Worth
presentation you are talking about ... much less what you have
attempted to do to get your net worth displayed correctly.
 
P

P Fanelli

Hi John,

Thanks for the response. I'm looking at the left screen section of the Home
page - entitled accounts (at least in 2008 Premium). I realize this is an
account value list, and not net worth - but I have the same question here.
Quicken excludes the stock value in the options account - while the
securities value in several other brokerage account are accounted for. Hope
that made sense. I was just wondering if this the way quicken works?

Thanks,
Patrick
 
J

John Pollard

P said:
Hi John,

Thanks for the response. I'm looking at the left screen
section of
the Home page - entitled accounts (at least in 2008 Premium).
I
realize this is an account value list, and not net worth - but
I have
the same question here. Quicken excludes the stock value in
the
options account - while the securities value in several other
brokerage account are accounted for. Hope that made sense. I
was
just wondering if this the way quicken works?
If you're not seeing the account listed at all in the "Account
Bar", check to be sure the account is not hidden (Account List).

If you see the account in the Account Bar, but it's amount is
greyed out and isn't included in the Net Worth total at the
bottom of the bar, check to be sure you haven't told Quicken not
to include it in totals (Account List).

If the account appears in the Account Bar with a zero value and
you have some other display or report that shows the account
with a non-zero value, make sure you are looking at comparable
dates for the two amounts.

If, for example, you look at the Transaction List for the
account and it shows a value for some date in the future, but
your Account Bar is set to show "current value", then you can
see two different amounts. Check your Quicken price history
(Security Detail View) and note what the current price/share is
and whether you have any future dated prices.
 
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J

John Pollard

John said:
If you're not seeing the account listed at all in the "Account
Bar", check to be sure the account is not hidden (Account
List).

If you see the account in the Account Bar, but it's amount is
greyed out and isn't included in the Net Worth total at the
bottom of the bar, check to be sure you haven't told Quicken
not
to include it in totals (Account List).

If the account appears in the Account Bar with a zero value
and
you have some other display or report that shows the account
with a non-zero value, make sure you are looking at comparable
dates for the two amounts.

If, for example, you look at the Transaction List for the
account and it shows a value for some date in the future, but
your Account Bar is set to show "current value", then you can
see two different amounts. Check your Quicken price history
(Security Detail View) and note what the current price/share
is
and whether you have any future dated prices.
I should have added that if you do not own any shares of the
security ... yet; that will also cause it to have a zero current
value.
 
D

danbrown

In this option account, what EXACTLY do you hold? The option
contract(s) only? Or additional securities?

Also, what EXACTLY is showing on your Net Worth report? Is the
account showing at all? How have you determined that the amount is
incorrect?

If it IS showing, what amounts are there? The current value of the
options contract(s) is what I'd expect (plus any additional
securities).

I would NOT expect the value of the stock that's represented by the
options to show (which would be one interpretation of what you're
saying you expect) ... unless you actually own the stock also.

db
 
P

P Fanelli

John,

Thanks for the information. Upon further checking - I do see where Quicken
is including the amount in the net worth report. It's just on the account
list on the home page - the account is zero. This seems to be because of
what you have mentioned - I don't own the shares yet.

Thanks again for your time.
Patrick
 
P

P Fanelli

Thanks John for the information.

I have found that in fact the options are in the net worth report (red
face). The value just doesn't show up in the account - I suspect because of
what you have mentioned - I don't really own the shares yet.

Thanks again for your time.

Patrick
 
J

John Pollard

P said:
Thanks John for the information.

I have found that in fact the options are in the net worth
report (red
face). The value just doesn't show up in the account - I
suspect
because of what you have mentioned - I don't really own the
shares
yet.
Try right-clicking in the Account Bar and see which balances you
are displaying. If you are currently displaying "current
balances", try changing to "ending balances".
 
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P

P Fanelli

Hi John,

YES - the current balance reflects the value of the options. this is
great - I can have my cake and eat it too. Current balance with the option
value - and ending balance without.

Thanks again for the time and feedback.

Patrick
 

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