I need to ask this basic question. I sold put option. If I want to close on this position, I have to "Buy to Close", right?
On Webull paper trading platform, it says "Sell to Close" or "Buy". I don't even know which to choose if I want to close this position! Please advise!
Posted by Strong-Wisest
1 Comment
If you sell to open, you buy to close. If you buy to open, you sell to close.