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>does anybody know what does it mean in OptionStation2000i:
>
>Sell Option to Close
It means sell an option to close an existing long position in that
option.
>Sell Option to Open
It means sell an option to create a new short position in that option.
>Can anyone explain the details? Why it is impossible having for
>example 5 bought Calls in Position, sell then 15 Calls on "to close"?
>OptionStation sells 5 on "on Close" and 10 on "to Open"..
Selling "on close" means to sell at the close of the bar (when placing
an order to the broker it means sell at the close of the day). This is
not the same thing as selling "to close" or "to open."
--
,|___ Alex Matulich -- alex@xxxxxxxxxxxxxx
// +__> Director of Research and Development
// \
// __) Unicorn Research Corporation -- http://unicorn.us.com
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