To close long options position, use the trigger STC followed by the ticker, then the expiration date using MM/DD format (and /YY if next year), the strike price, and either attaching c or p to it or specifying call or put followed by the symbol @ and the price.
Example of closing a long Call position for $SPY, 9/15 expiration date, $450 strike price, and $0.88 for the price.
You can also use the format with expiration after strike & call/put
I.e. BTO SPY 450c 9/15 @ .88
To close short options position, use the trigger BTC followed by the ticker, then the expiration date using MM/DD format (and /YY if next year), the strike price, and either attaching c or p to it or specifying call or put followed by the symbol @ and the price.
Example of closing a short Put position for $SPY, 9/15 expiration date, $440 strike price, and $0.88 for the price.
Final Notes:- Do not use $ with tickers.
- Submit using a specified price, or use CMP or M for submitting at the current market price.
- Multiple trades can be submitted in a single message by using 3 back ticks (```) before and after the whole message.
Using Slash Commands
Submitting trades through slash commands has a more user friendly aspect to it but can take some seconds longer than text messages.
Stocks
Type in /close then select stocks.
Type in or select the direction Long or Short.
Input the ticker or select a provided ticker matching your input.
Enter in the price or use 0 for the current market price.
Notes can be added and are optional. Trimming or partially closing positions can be done by using the Trim/Partial Close keywords (trim, trimming, partial, etc.) within the notes.
Example of closing a long position for $AAPL at $181.26, with exit notes.
Options
Type in /close and select options.
Type in or select the direction Long or Short.
Input the ticker or select a provided ticker matching your input.
For State, select Call or Put.
Enter in the date using the format MM/DD. (Use /YY if next year.)
Put in the strike price.
Enter in the price or use 0 for the current market price.
Notes can be added and are optional. Trimming or partially closing positions can be done by using the Trim/Partial Close keywords (trim, trimming, partial, etc. ) within the notes.
Example of partially closing a long options call for $SPY with $450 strike & exp. date of 9/07. Partially closing by using keyword 'trimming' in notes.
Did you know?
Quickly closing trades can be done by using the $list or /list command to show all open trades, where each one has a button to immediately close it at the current market price. Check out Commands for a list of all commands and how to use them.
