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whats up guys jake here a highly requested video topic is buying to close selling to clothes in general how to close options so i want to cover that exactly whats happening and were going to do an example from my schwab account so heres the grid whether youre buying calls or buying puts selling calls selling puts are you bearish or bullish on a stock and i feel like the buy side people get it when you buy something stock or bonds or whatever you buy it for one price and hopefully it goes up in price and then you sell it you sell it for a profit this is easy to understand what trips people up is the other side how can you sell something that you dont have how do you sell something to enter a position so lets just talk about it first from the open side because for every contract youre either going to open it or close it or let it expire so if youre buying to open youre a buyer of a put or buyer of a call you need to pair up with somebody on an option chain you have to look at t
