How To EXIT AN OPTION Trade Before Expiration On Robinhood

Описание к видео How To EXIT AN OPTION Trade Before Expiration On Robinhood

Here is the main thing you need to now: if you buy a call, and you want to exit this option you need to sell this call back. Also if you buy a put and later on you want to exit this option you need to sell this put back. When i say sell these back, I mean choose the same strike price and same expiration date.
You can close an options same day as you open it, but be aware, if if your account has less then $25000, this trade will count as a day trade.
For a cash-secured put or a covered call, it's a good practice to close them a few days after you open them.


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