I'm in the process of learning Options trading and am stumped on what should be a basic step.
When it comes to exiting a call/put that you "bought to open". You're now "selling to close" correct?
The part I can't wrap my head around is that when you're selling to close there is a bid/ask spread? I thought that by entering the contract you were GURANTEED an exit at a pre-determined price.
What if there is no volume on the Option when you decide to exit, or nobody meets your ask price. Is it possible now that you might not be able to exit the option and it expires?
Thanks
Submitted September 19, 2018 at 06:27AM by Zwickz26 https://ift.tt/2MLMdt6
