↪️Starting From An Existing Position

Getting started with Option Track with an existing stock portfolio

Starting With An Existing Portfolio

Some of you may be getting started with Option Track having an existing stock portfolio.

This is fine. While most times you will start a new position by placing a new PUT option contract, you can use your existing stock portfolio and start selling call options instead.

In order to track your initial call options with Option Track, you simply need to create a new trade of type buy.

This is your way of telling Option Track at which price you bought your shares for. We need to know this in order to calculate your returns in your position.

If you've been building up your portfolio over time, you'll have to come up with an average cost of all of your shares that you'll be doing call options for.

Remember that in order to sell call options, you need to own at least 100 shares of whichever stock you wish to trade with. Use the field # contracts to tell Option Track how many call options you're selling.

We included a field of type fee. This is the fee that you've paid for placing your call option.