Closing Trades
How to close both stocks & options positions
Closing triggers;
STC
is used to close long
BTC
is used to close short
Stocks Format
Closing Long
STC <ticker> @ <price> I.e.
STC AAPL @ 178.70
To close a long stock position, use the trigger STC
followed by the ticker, then the symbol @ before the price.
Closing Short
BTC <ticker> @ <price> I.e.
BTC AAPL @ 177.94
To close a short stock position, use the trigger BTC
followed by the ticker, then the symbol @ before the price.
Options Format
Closing Long
STC <ticker> <exp. date> <strike> <call/put> @ <price> I.e.
STC SPY 9/15 450 call @ .88
STC SPY 9/15 450c @ .88
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.
You can also use the format with expiration after strike & call/put
I.e. BTO SPY 450c 9/15 @ .88
Closing Short
BTC <ticker> <exp. date> <strike> <call/put> @ <price> I.e.
BTC SPY 9/15 440 put @ 1.08
BTC SPY 9/15 440p @ 1.08
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.
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.
ADD GIF HERE of submitting trade (may need new screenshot for matching data)
Notes can be added and are optional. Trimming or partially closing positions can be done by using the Trim/Partial Close keywords within the 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.
ADD GIF HERE of submitting trade (may need new screenshot for matching data)
Notes can be added and are optional. Trimming or partially closing positions can be done by using the Trim/Partial Close keywords within the 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.
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