Entities trading Options need two specific pieces of data, which can be populated using Create/Edit Entity.
Net Option Positions (639)
Option contract can be opened either long or short, and contracts are always shown as positive numbers in Eagle AccountingLong/Short Indicator (15) will beNo
: long and short positions in the sameL
orS
contract are held separately, with units always positive in Eagle Accounting
Short positions have negative units in Data Management
Transaction elections
in Book Tradeare Buy, Write, Sell, and BuytoCover
Option positions are always held long, with short positions represented by negative quantitiesYes
:- Long/Short Indicator will always be
L
Short positions have negative units in Short positions are represented by negative units in both Eagle Accounting and Data Management
Transaction elections
in Book Tradeare Buy and Sell
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
Options and Futures Expiration Delay Days (12101): number of days to delay automatic expiration
When NULL or zero, Eagle Accounting will auto-expire the Option on expiration dateĀ
When populated, the expiration event can only be processed on the adjusted 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