The closing methods for option sellers and buyers are differ...
The closing methods for option sellers and buyers are different.
Option buyers can sell the option directly to close the position if they want to take profit or stop loss.
Click Accounts > Find the position > Trade> Sell
Option sellers can buy back the same option as the seller to cut losses.
Click Account > Find the option > Trade > Buy this same option at the current price.
Option trading is a bit more complicated than stock trading. Therefore, courses related to option trading are one of our priorities in 2024 and will be updated in the near future. Please follow us and stay tuned~
Option buyers can sell the option directly to close the position if they want to take profit or stop loss.
Click Accounts > Find the position > Trade> Sell
Option sellers can buy back the same option as the seller to cut losses.
Click Account > Find the option > Trade > Buy this same option at the current price.
Option trading is a bit more complicated than stock trading. Therefore, courses related to option trading are one of our priorities in 2024 and will be updated in the near future. Please follow us and stay tuned~
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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They start with naked calls and puts
And they don’t even show you the execution
Just a vague skim through ridiculous
Even the webinars
But I guess learning the hard way
I believe I have a good understanding on what and how options work but the moomoo platform execution
.. so confusing. The trade difference between app and laptop is big and sometimes the freaking Greeks don’t even show
Hope someone makes a good video one day
Sorry about my rant