newbie option put expiring soon.

Discussion in 'Options' started by lakeontario, Sep 4, 2020.

  1. i am new to options, my put options is expiring next week. what is the best way to exit.
    this was just a trial run and i am in green for now. just trying to learn the options. View attachment 238698
     
  2. guru

    guru


    Simply sell it, for whatever reasonable price you think you may be able to get.
     
    lakeontario likes this.
  3. Overnight

    Overnight

    May I ask you why you are redacting the quantity and average fill price?

    @destriero Is there any possible way that this information being known by the rest of the world will screw up his position?

    I can understand redacting personal information. But why redact the price of a position? Is the whole world going to destroy his strategy because they know the above redacted information?

    If so, I know nothing of this earth.
     
    Last edited: Sep 4, 2020
  4. If it expires on Wednesday next week in green will I be credited the profits and would there be any charges from the broker. It’s tdameri brokerage.
     
  5. It was just for personal reasons nothing to do with any strategy. It was more to hedge but sadly the put is only thing green. It was minuscule quantity.
     
  6. Overnight

    Overnight

    You took the time to redact public information for personal reasons?

    Try again, and you'll go far here. You might actually get help!
     
    lakeontario likes this.