I'm trying to figure out the best time to sell and close my position. I'm not sure if there's a specific rule or strategy to follow. When is it generally advisable to sell to close?
6 answers
CryptoAce
Mon Dec 23 2024
In the context of long call options, Sell to Close happens when the price of the underlying asset expires below the strike price.
Arianna
Mon Dec 23 2024
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CherryBlossom
Mon Dec 23 2024
This indicates that the option holder does not believe the asset's price will rise above the strike price by the expiration date.
CryptoNinja
Mon Dec 23 2024
Conversely, in long put options, Sell to Close occurs when the price of the underlying asset expires above the strike price.
Ilaria
Mon Dec 23 2024
Sell to Close is a term associated with options trading.