Sell To Close

外汇网2021-06-19 13:34:38 116

A phrase used by many brokerages on the street to repsent the closing of a long position in option transactions.

Taobiz explains Sell To Close

An investor can sell to close either (or a combination of) puts or calls and thus will be relinquishing ownership of the option(s). The distinguishing factor of a sell to close is that the option position must have been held long in the account during the transaction.

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