Menu
The term buy to close is used when a trader is net short an option position and wants to exit that open position. In other words, they already have an open position, by way of writing an option, for which they have received a net credit, and now seek to close that position.
You can buy or sell to “close” the position prior to expiration. The options expire out-of-the-money and worthless, so you do nothing. The options expire in-the-money, usually resulting in a trade of the underlying stock if the option is exercised.
Related Definitions Closed Option means any investment to which Participants and/or Employer Plans are no longer permitted to make contributions or transfers (by agreement between ABA RF and the Trustee), but which continues to represent an investment under the Trust.
Covered calls are the safest options strategy. These allow you to sell a call and buy the underlying stock to reduce risks.
procedure MyProc(Eval: Boolean);
begin
if not Eval then
Exit;
/* do stuff */
/* do more stuff */
end;
OR
procedure MyProc(Eval: Boolean);
begin
if Eval then
begin
/* do stuff */
/* do more stuff */
end;
/* no Exit needed, but now we got what I think unpleasing code:
having a indentation level and a begin-end statement */
end;
If you love us? You can donate to us via Paypal or buy me a coffee so we can maintain and grow! Thank you!
Donate Us With