Closing Short Position
This page will show you how to close short stocks & options positions. BTC (Buy to Close) is the trigger to close long positions.
BTC <ticker> @ <price> I.e.
BTC AAPL @ 150.20
To close your short stock position, use the trigger
BTCfollowed by the ticker and use
@before your price.
BTC <ticker> <exp. date> <strike> <call/put> @ <price> I.e.
BTC SPY 1/23 450 call @ 1.23
BTC SPY 1/23 450c @ 1.23
You can also use the format with expiration after strike & call/put I.e.
BTC SPY 450c 1/23 @ 1.23
To close your short options position, use the trigger
BTCfollowed by the ticker, then the expiration date using MM/DD format, your strike price and attaching
pto it or specifying
Note: You can use single digit months, but days always need to be double digits. I.e. 6/01