On Mon, Dec 28, 2020 at 5:47 PM Rajath Agasthya <[email protected]> wrote:
> Hi all, > > First of all, thanks to all the contributors (especially Martin) for this > wonderful tool! I'm new to double entry accounting and Beancount, but I'm > blown away at how simple yet powerful this tool is, especially when > combined with Fava. > > I've been reading docs and I just started setting up my beancount file. > But as I setup my investment account, I'm a little bit lost as to how I > should manage option trades. The trades where there is a net debit is > straightforward (I think), but I'm not sure how to enter trades like > selling a covered call or a put or a spread/multi-leg option that result in > a credit. > > Are there some examples I can refer to on how to manage option trades? The > docs mention options trading as a future topic to be tackled and I > unfortunately couldn't find anything in the mailing list (perhaps I didn't > search properly). So if anyone can point me in the right direction, I would > really appreciate it. > I do options trading, but I only record simple options, never combos like this. - The option can be encoded in the symbol name. This makes a lot of new commodities to declare and put out of commissions. I haven't yet figured out what needs to be done to make this a bit nicer (e.g. allow user to define a commodity regex/pattern for these). - For stable asset types, I use leaf subaccounts; for options I don't (would be too many accounts, and it feels silly to create an account for a single position). - For options combinations/"strategies", if you have some way to trade all the legs instantly, you should be able to either (a) insert all the individual legs and their prices in a single transaction, or, if the product is already securitized by your broker, trade it like any other product (one leg with the derivative instrument). Hope this helps, you do have to get a bit creative if you trade options, but, well, you trade options, so you will be able to figure out something :-) > > Thanks, > Rajath > > -- > You received this message because you are subscribed to the Google Groups > "Beancount" group. > To unsubscribe from this group and stop receiving emails from it, send an > email to [email protected]. > To view this discussion on the web visit > https://groups.google.com/d/msgid/beancount/51c57efc-8915-4edd-981a-cb997c1f143cn%40googlegroups.com > <https://groups.google.com/d/msgid/beancount/51c57efc-8915-4edd-981a-cb997c1f143cn%40googlegroups.com?utm_medium=email&utm_source=footer> > . > -- You received this message because you are subscribed to the Google Groups "Beancount" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To view this discussion on the web visit https://groups.google.com/d/msgid/beancount/CAK21%2BhOXaB_47ab-vyCTRphsPE%3DUAdbyXNcTcZWoNEr2iyyGLA%40mail.gmail.com.
