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Square-off

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Last updated 2 years ago

How to Square-off a Position

To square-off any trade, enter an opposite position of the same strike and expiration date you have bought/sold.

That is, if you are long one lot on a particular strike, to square-off, enter a SELL trade for one lot of the same strike.

NOTE: If the initial transaction is bought/sold in multiple transactions, P&L is calculated using the FIFO method.