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.

[wendopaine]

This is the ONLY video I could find that CLEARLY explained how to close options. Thank you so much for staying on topic!

[unFortunateSon]

My God, why can’t all YT videos be this simple. Thank you for the direct info and leaving out all the bs.

[karieeverrett]

This is amazing. Straight to the point. Oh my goodness, this has never been explained easier!

[twainhenry]

You are amazing my guy, Literally the only video on YouTube that shows you how to do this so simple. Thanks!! An eye for a leg😂😂😂 love it!

[milliern]

Thanks for doing a short video. All of these other knucklehead on YouTube spend 30 minutes explaining what you said here. Excellent stuff.

[Zooom]

bro you're a real one. very straight to the point. i love it.

[chrispannerz]

Very happy this was recommended to me. Well done

[lionmapuatuli]

Wow this was the best explanation on how to close out an option. Thank you for step by step tutorial that really helped me! I appreciate you doing this video!

[juanittackittackito]

Why does it say you don’t have enough shares of AMD to sell your option? Could you explain that because something similar happened to me, thank you great vid👍

[duanebennett]

I understand all this but the one thing that doesn’t make sense is why you cannot sell to close a call that you bought. So basically what I’m asking is why does it say you don’t have enough collateral like is it because there all being used for calls? If so then should I just only buy a call with half of the shares I own so that way I have enough collateral next time? PLEASE HELP

[showspotter]

so if you sold a covered call, do you then have to buy the call to exit the option?

[maritzasantos]

Thank you. very clear explanation. I just find you . every video i watch confused me more and more., but this is straigh foward. thanks.

[CourtneyHollingsworth]

Thank you for this easy video !!!! And getting straight to the point ! Loved it

[berthahuillca]

Thank your video helped me a lot. Many don't teach how to close a contract.

[mishkakasalapiy]

Thank you. You perfectly answered my question.

[meld]

Where did he go? He's the only one who explained options so easily

[BRENDASMITH]

I am going to have to come back and listen again. It’s easy to get into an opinion but hard as hell to get out.OMG!

[underratednerd]

Great video! No fluff! Straight to the point. Thank you.

[Zayfarias]

finally a video straight to the point all the other videos were liek 24 minutes with no explenation

[indigomariepower]

I’ve must’ve missed something I don’t see in the app where I can change the date