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Here are the steps on how to create a General JournalContract Options:

1. From the Contract Management > Maintenance menu, click Contract Options. If there's an existing option, Search Contract Options screen will open. Otherwise, New Contract Option screen will open automatically.
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2. If Search Contract Option screen opens, click on New button to open blank Contract Option screen.
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3. Enter any description for Option Pricing Description. 

   Note
   Each Description should be Unique and Mandatory.

4. Add Buy/Sell- Put/Call for the Option. Select Buy/Sell from the drop down.
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5. Click on Put/Call drop down to select value.
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6. Click on Save button to save the record.