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Strategies & Market Trends : The Covered Calls for Dummies Thread -- Ignore unavailable to you. Want to Upgrade?


To: phillip who wrote (1392)7/10/2001 12:01:23 PM
From: FaultLine  Respond to of 5205
 
Hello phillip, welcome to the CC4D thread.

I am looking for software where I will be able to enter a call or a put and let it keep track of it for tax purposes.

Yes, I too would be interested in knowing the answer to this question so let's just sit back and see who ventures an opinion...

(I've just been using an Excel speadsheet table about 20 columns wide. Each row is one open/close transaction. I enter several pieces of info at the opening of the transaction and a couple of things at the close. Various items of useful info are computed as I go.)

Cheers,
--ken/dfl



To: phillip who wrote (1392)7/10/2001 12:29:57 PM
From: JohnM  Read Replies (1) | Respond to of 5205
 
I use paper entries and of course have my trades summarized at my brokerage( Brown & Co. and Dreyfus), but I am looking for software where I will be able to enter a call or a put and let it keep track of it for tax purposes.

Phillip,

I suspect I'm like you. I use an Excel spreadsheet to keep track of my covered calls for both tax purposes and to keep track of the income flow since that money is earmarked for monthly income. My brokers keep good records for tax purposes which, at least in one case, I can access at any time I wish. They are about a day out of date.

If someone had a generic Excel spreadsheet worked up, it might help.

John