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Writing Options
Our club has recently written some covered calls/options on
a stock that we own. It is a good way to generate some
income for us right now. The problem is we can not figure
out a way to account for this through Bivio. The problem is
that we still own the stock and the cash from the sale of
the options, but we do have a liability for the stocks.
This screws up our NAV. Has anyone else worked with writing
options? What do we do?