Sell To Open
A phrase used by many brokerages on the street to represent the opening of a short position in option transactions. Investopedia Says:
An investor can sell to open either (or a combination of) puts or calls and thus will be holding the option(s) short. The distinguishing factor of a sell to open is that the option position must not be held long in the account during the transaction. Related Terms:
Buy
Buy to Close
Buy to Open
Call
Long
Open Interest
Option
Put
Sell to Close
Short |