posted 11-21-2003 04:59 PM
I have followed the FN help guide by recording the sale of the put, recording the exercising of the put, and recording the purchase of the stock. When I have completed all of these entries I end up with a short termn capital gain on the put and the stock at the full price paid rather than the basis of the stock reduced by the proceeds from the sale of the put and no capital gain. Help!