Understanding Expired Commodity Options Trades in Levridge

By Levridge staff | Published: Nov 12, 2024 | Accounting , Grain , Tips | read

Commodity options trading is an essential aspect of managing risk and maximizing opportunities in the agriculture industry. Levridge Commodity Accounting provides a streamlined approach to filter and review expired commodity options.

Navigating Expired Commodity Trades in Levridge

1. Accessing Trade Entry 

   Begin by navigating to the Trade Entry area within Levridge:

  – Go to Commodity Accounting > Risk Management > Trades > Trade Entry

  – This section houses all trades, giving you a comprehensive view of active, pending, and expired options.

2. Applying the Expired Status Filter 

  – Click on the Filter icon located in the top right-hand corner of the Trade Entry screen.

  – In the filter options, select Status = Expired to display only expired trades.

      This view now provides a concise list of all contracts that have reached their expiration date, helping you stay organized and focused on currently active options.

Why Track Expired Options?

In commodity options trading, contracts come with an expiration date, after which the option no longer holds any value. Tracking expired trades is essential for several reasons:

1. Portfolio Management: Keeping expired trades separate from active ones allows for a clearer view of currently viable trades.

2. Performance Evaluation: Analyzing expired trades can offer insights into trading performance, helping refine strategies for future trades.

3. Regulatory Compliance: Maintaining accurate records of expired contracts is often a legal requirement and contributes to transparent reporting.

Key Takeaways

Effective commodity trading requires diligent tracking and analysis of expired trades. Levridge’s filtering feature simplifies this process, allowing you to isolate expired options trades quickly and focus on active strategies.