Options! Understanding buy to open, sell to close, sell to open, buy to close

Quick and simple video to help understand the terminology of option contract exchanges. This video will help you understand this points so you can properly place your trades on Fidelity, Robinhood, Etrade, and other platforms. Hope it helps!

[dardosjourney]

Thank you. I almost Sell to Open instead of Buy to Open a Put option. I subscribed :)

[coapa_]

thanks u saved me. i accidently bought puts "sell to open" had no idea had to close them

[gmatjack]

Good info on this video. I recently started to follow your videos. Could you please post just separate small videos using a Fidelity account for "Buy To Open", "Sell To Close" ..etc, scenarios. Options trading in Fidelity is confusing because of so many pull down menus to choose. Just hate trading with Fidelity. Thank you!!

[ronaldheider]

Thanks for posting this. You helped simplify the process a lot. 2 questions: If I sell a put option, and it expires, do I still need to close it out after it expires? Q2: If I sell a put option and get put into it, do I need to close my position? Thanks again for your help!

[markseabaugh]

So I have sold puts and collected the premium but have not figured the strategy (and/or process) of buy to close before expiration is there a video that might help me. so far haven't found one. Thanks your video's have helped a lot.

[JamesArdizzone-ei]

Hi very very new to options. are calls always buy to open and sell to close and puts always sell to open buy to close?

[armandowalls]

OK, so the reason my call options I've attempted hasn't worked is because I didn't buy to close at the end of the day trade???

[johto]

Good video. I like to sell to open 😏 #thetagang 🐌💰

[niccor]

Not trying to be negative here and I appreciate you trying to explain, but your explanation was, “selling to open is when you sell to open.” You must see the problem with this. Maybe explain with more detail. Thanks. Again. I appreciate the video.