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i captured 98 of the available profit in this option trade by doing this [Music] after an investor sells an option contract whether its a covered call or cash secured put the investor may decide afterwards that theyd like to close that option contract so theres a variety of reasons for closing a stock option contract that you recently sold but beyond the reasons for closing a stock option contract that was sold the end result is what the investor is hoping to accomplish number one they want to end their obligation in the contract whether its being assigned shares to purchase or having their shares assigned and being taken away from them the other objective in closing a stock option contract the investor wants the collateral released back to them whether its shares from a covered call or funds reserved as collateral for cash secure put so heres how i sold my cash secure put for neo theres me on the left and what i decided to do on november 16th was i decided that i was going to