Page Comparison

Entities trading Options need two specific pieces of data, which can be populated using Create/Edit Entity.

• Net Option Positions (639)

  • No: long and short positions in the same

    Option contract can be opened either long or short, and contracts are always shown as positive numbers

    contract are held separately, with units always positive in Eagle Accounting

    • Long/

      Short

      Indicator (15) will be L or SShort

      positions have negative units in Data Management

    • Transaction elections

      in Book Trade

      are Buy, Write, Sell, and BuytoCover

  • Yes:

    Option positions are always held long, with short positions represented by negative quantities
  • Long/Short Indicator will always be L
  Short positions have negative units in

  long and short positions in the same contract are netted together, allowing a trade to cross zero and bring the position from long to short or vice versa

  • Short positions are represented by negative units in both Eagle Accounting and Data Management

  • Transaction elections

    in Book Trade

    are Buy and Sell

• Options and Futures Expiration Delay Days (12101):

  if there is no entry

  number of days to delay automatic expiration

  • When NULL or zero, Eagle Accounting will auto-expire the Option on expiration date 

  • When populated, the expiration event can only be processed on the adjusted date

  , preventing entry of an exercise trade on that date

  • • Example: if Options and Futures Expiration Delay Days = 3 and expiration date = 2022-01-21, the expiration can only be processed on 2022-01-24