Options - Record Transfer by ID Transaction

Considerations

Use this page to specify contracts to transfer between brokerage accounts.

Click one of the icons above to view either a list of the transactions available for that category, or click the Baseline Holdings icon to access the Add New Baseline Holdings page.

Procedure

From the Manually Record Trades page, click the Option icon to access the Options - Record Transaction page. From this page, select Transfer by ID from the Action drop-down list. The Options - Record Transfer by ID Transaction page displays.

1. Select the account from which to transfer contracts from the From Account drop-down list. Then select the account to which to transfer those contracts from the To Account drop-down list.

Note: The account selected from the From Account drop-down list must be different from the account selected from the To Account drop-down list.

2. By default, the Option Category on this page is set to Option on a Stock. You can select one of the following from this drop-down list to change the option category:

• Option on a Stock

• Option on an Index

• Option on a Currency

• Option on an ETF

• Option on a Future

3. By default, the Action on this page is set to Transfer by ID. To change this, select a different transaction from the Action drop-down list. The fields that display depend on the transaction that is selected.

4. Enter the date of the transfer in the Transfer Date (mm/dd/yyyy) field. You can also click the Calendar icon and select the appropriate date from the calendar that displays.

5. Do one of the following to populate the option symbol:

• Enter the 3-26 character pure option symbol in the Symbol field and select whether it is Long or Short. Do not enter dashes, periods or plus signs. Click Verify to confirm you have entered the correct symbol for the option.

• Enter the 3-26 character pure option symbol by entering each of the following parameters:

• Root Symbol

• Expiration Date mm/dd/yyyy

• Strike Price

• Select Put or Call

Once you enter the parameters, click Verify to confirm you have entered the correct symbol for the option.

• Click the Option Symbol Lookup link to access the option symbol builder tool. This tool enables you to search for an existing, or to build a custom option.

Note: Once you click Verify, a grid displays at the bottom of the page (if there are lots available). This grid enables you to select specific contracts to transfer between brokerage accounts.

6. Select the type of security from the Security Type drop-down list. By default, this field is set to Options for this transaction.

7. Enter the number of contracts to transfer in the Contracts field. The default information used is the standard 100 shares per contract. If your option has a different set up, enter the number of shares per contract associated with your option in the field provided. It is important that this figure is accurate to ensure correct calculations for this option transaction.

8. Use the grid to select specific contracts to transfer between brokerage accounts. Enter the number of contracts to transfer in the Contracts to Transfer field for the desired lot ID(s). To clear the entered lot information, click the Clear button.

9. To record the Transfer by ID transaction, click the Record button. To record the transaction, and continue to enter additional transactions, click the Record & Repeat button. To leave this page, without recording the transaction, click the Cancel button.

Example

Click here to view an example of the Options - Record Transfer by ID Transaction page.