Cryptocurrency Q&A
What is the difference between sell to open and close?
What is the difference between sell to open and close?
benjamin_cole_nurse
Mon Nov 18 2024
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7 answers
1559
I'm trying to understand the difference between the terms 'sell to open' and 'close' in the context of trading. Could someone explain the distinction between these two actions?
7 answers
CryptoLegend
Wed Nov 20 2024
A sell-to-open order involves an investor initiating the sale of a new options contract.
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alexander_smith_musician
Tue Nov 19 2024
It is utilized by an investor to liquidate an existing options contract that they currently hold.
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SamsungShineBrightnessRadianceGlitter
Tue Nov 19 2024
This order type is essential for closing out a position and realizing any profits or losses.
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IncheonBeautyBloomingRadiance
Tue Nov 19 2024
This action essentially writes a new contract, thereby creating an obligation for the seller.
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HanjiArtistryCraftsmanshipMasterpiece
Tue Nov 19 2024
BTCC, a leading cryptocurrency exchange, offers a range of services that cater to options traders.
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