Important: Options are not supported in Navexa
Navexa does not currently support options tracking natively (no option contracts, expiries, strikes, multi-leg positions, or short option holdings). Our support team can’t provide strategy-by-strategy options setup beyond the workarounds in this article. If your main goal is tracking options, Navexa is not the right tool today.
Navexa is built for long-term portfolio tracking, so this guide shows the most reliable way to keep your portfolio accurate when you trade options.
Does Navexa support options?
Navexa does not support options natively today.
That means you can’t:
Add options as Stock/Security (they’re not in Navexa’s securities database)
Track an option as an open position (no expiry/strike/Greeks, no contract-level holdings)
Record sell-to-open (short option positions) as a proper “holding”
Track multi-leg strategies (spreads, straddles, iron condors) as linked legs
Navexa is built for long-term portfolio tracking with comprehensive control over equities, ETFs, funds, crypto, cash accounts, and custom assets. Options are a different instrument type and need a purpose-built workflow.
When Navexa is not the right tool
If your primary goal is to track options positions, strategies, margin, and Greeks, Navexa is not the right fit today.
Use the workarounds below only if:
Most of your portfolio tracking already lives in Navexa, and
You want to record options activity as a practical overlay (premium, close-outs, and assignment impact)
What you can do instead
You have two main workaround patterns:
Cash-flow workaround (recommended): record option activity as cash movements so portfolio value and performance remain accurate.
Custom Investment workaround: create a “ledger” entry to push option premium into certain income views (with tradeoffs).
Workaround 1: Track option premium as cash flow (recommended)
Use this when you care most about:
Accurate portfolio value
Accurate cash balance
Accurate overall performance
Setup
Create or use a Cash Account inside the same portfolio as the underlying shares.
Keep your underlying stock/ETF trades recorded normally (imported or manual).
Read this guide for cash accounts: https://help.navexa.com/en/articles/8878874-adding-a-cash-account
How to record the option leg (any strategy)
In your Cash Account, add one of the following:
Interest Payment (if you want it to contribute to the Portfolio Income Return metric)
Deposit (if you want it treated as a pure cash movement)
In Description or Notes, include:
Underlying ticker
Strike
Expiry
Contracts
“Sell to open / Buy to close” context
Fees
Record brokerage costs as Fee transactions in the same Cash Account.
Reporting note: Income Return vs Income Contributions
Interest Payment will typically affect the Portfolio Income Return summary.
It may not appear in Income Contributions (that view is oriented around holding-level dividend/distribution style income).
If you need premium to appear in Income Contributions specifically, use Workaround 2.
Workaround 2: Use a Custom Investment as an “Options Premium” ledger
Use this when you care most about:
Getting option premium into income-style reporting views
Tracking premium and buy-backs in a single place
Important tradeoffs
This is still not “real options tracking.”
You won’t see an open option position, expiry lifecycle, or contract-level holdings.
You must be careful not to double-count cash if you also record cash movements.
Setup
Go to Add Investment → Custom Investment
Name it something like Options Premium – [Underlying] or Options Ledger
Add a minimal “placeholder” holding (example: 1 unit @ $1) so the asset exists.
Record the premium
Add an Income entry (for the premium received) and store the contract details in Notes.
Close-out or buy-back
If you buy the option back:
Record the buy-back cost as a negative income adjustment (if your workflow supports it), or
Record it as an expense/fee style entry depending on how you want it reflected
Avoid double-counting
If you record premium as Custom Investment income:
Do not also record it as an Interest Payment/Deposit in cash unless you are deliberately reconciling cash separately.
Common strategies and how to record them
Covered call (sell call against shares you own)
Goal: record premium + handle assignment if it happens.
Record premium as Interest Payment or Deposit in the Cash Account
If you buy it back, record a Withdrawal
If assigned, record a normal Sell of the underlying shares at the strike price on the assignment date
Cash-secured put (sell put with cash set aside)
Goal: record premium + handle assignment if it happens.
Record premium as Interest Payment or Deposit in the Cash Account
If assigned, record a normal Buy of the underlying shares at the strike price (and date)
Long options (buy call or buy put)
Navexa still won’t track the option contract itself, but you can approximate the cash impact:
Record the premium paid as a Withdrawal (and fees as Fee) in the Cash Account
When you close the option, record the proceeds as a Deposit or Interest Payment
Naked calls/puts and margin-based strategies
Navexa cannot model:
Short option obligations as positions
Margin requirements
Risk metrics (Greeks)
Liquidation scenarios
If you trade naked options as a primary strategy, you’ll want dedicated options tracking elsewhere.
Spreads and multi-leg strategies (verticals, iron condors, straddles)
Navexa can’t link legs or show multi-leg positions.
If you still want a portfolio-level record:
Record each leg’s premium/cost as separate cash entries and label them clearly, or
Use a single “Options Ledger” Custom Investment and describe each leg in notes
Best practices to keep things clean
Use consistent naming in Description/Notes (Underlying, Strike, Expiry, Contracts).
Pick one approach for premium reporting:
Cash Account for accuracy and simplicity, or
Custom Investment ledger for “income-style” reporting
Keep fees separate as Fee so your net result stays clear.
For assignment, always reflect the share transaction properly (it’s the part Navexa tracks well).
Feature requests
Options support is a common request. If you want native options tracking (contract-level positions, expiries, assignment flows, multi-leg strategies), submit it via the feedback page here. That helps us prioritise what to build next.
Important: Options are not supported in Navexa
Navexa does not currently support options tracking natively (no option contracts, expiries, strikes, multi-leg positions, or short option holdings). Our support team can’t provide strategy-by-strategy options setup beyond the workarounds in this article. If your main goal is tracking options, Navexa is not the right tool today.