<klink type="prcdr">How do I enter puts and calls?</klink>
</index>
<content>
<extend>
<tease>Why?</tease>
<reveal>
<p>You can enter <glossary>put</glossary> and <glossary>call</glossary> transactions much like any other stock investment. Make sure you create a new investment for each put or call, even if you already have an investment set up in Money for the security for which you're buying the put or call. For example, if you already own shares of ABC stock, you would create a new investment for the put or call such as Call ABC Stock for December 2001.</p>
</reveal>
</extend>
<ol>
<li>Make sure you have your brokerage statement handy before entering the put or call.</li>
<li>Go to the account that contains the investment you're creating for the put or call.</li>
<extend>
<tease><showme/></tease>
<reveal>
<ol>
<li>On the <emph>Investing</emph> menu, click <emph>Portfolio</emph>.</li>
<li>Click the account you want to open.</li>
</ol>
</reveal>
</extend>
<li>Click <emph>New</emph>.</li>
<li>In the <emph>Investment</emph> box, type the name of the new investment (for example, Call ABC Stock for December 2001).</li>
<li>When Money asks what type of investment you want to create, click <emph>Stock</emph>, and then click <emph>Next</emph>.</li>
<li>Enter the option symbol, and then click <emph>Finish</emph>. Do not use the company ticker symbol. You can also find options symbols on MSN Money on the Web.</li>
<extend>
<tease><showme/></tease>
<reveal>
<ol>
<li>Click <emph>Find Symbol</emph></li>
<li>Click the <emph>Options</emph> tab, enter the company symbol, and then click Find.</li>
<li>Click the option symbol in the list.</li>
</ol>
</reveal>
</extend>
<li>In the <emph>Activity</emph> box, click the type of transaction you're making.</li>
<li>In the <emph>Quantity</emph> box, enter the number of shares you're entitled to buy or sell on the call or put.</li>
<li>In the <emph>Price</emph> box, enter the purchase price of the call or put.</li>
<li>When you are finished, click <emph>Enter</emph>.</li>
</ol>
</content>
<footer>
<extend>
<tease>How do I enter the call or put once the sale is complete or the date has passed?</tease>
<reveal>
<p>If you sell the option before it expires, just enter a sell transaction as you normally would. <alink type="prcdr" href="EnteraStockOrMutualFundPurchaseSaleOrOtherActivity.xml"/></p>
<p>If the call or put expires without being exercised, remove the shares. <alink type="prcdr" href="Removesharesfromaninvestmentaccount.xml"/></p>
