so you've already bought a call any
trade and you're ready to sell it what
do you do
hoping you eat your a cup go in to the
training tab options option you'll get
options order this is manual but if you
do it this way you'll be safe every time
and I'll explain why at the very end but
for now good just put in whatever symbol
you're trading
let's say you're trading this stock
choose your strategy call buy open was
the action you used to place this trade
sell close is what you're gonna do to
close the trade if you sell open you
would be selling a call option in
addition to the one you already have so
if you bought open and you mistakenly
choose sell open to close that trade you
won't close a trade instead what you
have is you'll have one long option and
one short option so you always want to
make sure to click sell close now
entered the quantity of the option
contracts you have let's say you have
one that's just fine there make sure the
expiration and strike are correct and
then over here you've got your bid and
your ask so this is the range in which
you may be able to sell this option
price type if you don't care about this
spread or if the spread is very tight
you can just choose market otherwise you
should choose limit and you want to
start from this ask price minus 0.5 or
point one depending on the stuff so this
is the ask price we subtract five cents
from that I'm going to be asking this
price to close this tray usually just do
good hood day all-or-none only comes
into play if you have more than one
option because sometimes what will
happen if you don't check all or none is
one of these gets filled but the other
doesn't so if you want to make sure that
both of them get filled at the same time
check all or none then you preview the
trade and you're done but you're not
actually done because you're dealing
with a limit price so you're gonna want
to wait and see if that order fills if
it doesn't feel cancel the trade come
back in here or actually each rate as a
change trade function you can use to
change just the price but have the same
water out there okay let's say you go
back to this page you can put in the
same order at a different price and what
you want to do is start from the ask
price minus 0.5 and start moving down
toward the bid price you'll usually get
roughly the midpoint but this method
will usually get you a price that's
better than the midpoint even so that's
it main thing here is you really want to
select sell close if you do this you're
making a mistake
sell open so always choose up close
that's the most important thing to
remember here and the second you don't
have to worry about putting these
incorrectly 100% because if you sell
close something you don't have let's say
you made a mistake on the strike price
entering this order you don't actually
have this option it's gonna say you
can't sell to close that because you
don't have it but if you put if you
select sell open it's gonna open any
trade that's the key point here if
you're done with a trade you always
close it sell close