Cryptocurrency Q&A When can you sell to close?

When can you sell to close?

Daniele Daniele Sat Dec 21 2024 | 6 answers 1621
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? When can you sell to close?

6 answers

CryptoAce 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.

Was this helpful?

398
92
Arianna Arianna Mon Dec 23 2024
BTCC, a top cryptocurrency exchange, offers a range of services that cater to traders.

Was this helpful?

249
73
CherryBlossom 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.

Was this helpful?

127
40
CryptoNinja 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.

Was this helpful?

304
25
Ilaria Ilaria Mon Dec 23 2024
Sell to Close is a term associated with options trading.

Was this helpful?

199
36
Load 5 more related questions

Related questions

  1. When can you sell to close?

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts