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European Options - Can I close position before Maturity/Expiry?

Discussion in 'Derivatives' started by Deepti.Sinha, Jul 27, 2019.

  1. Deepti.Sinha


    Likes Received:
    Feb 8, 2019
    I have a question on European Options - Can I close position before Maturity / Expiry?

    Since most of the Index options are European style so was wondering if I can close the Option before expiry. Say I bought Put option for SPX 500 when Index was at 3000 and in next few days if the index goes down to 2960, can I see my open positions (Put Options)?

    Do I need to pay any extra amount at the time of closing my options assuming that I paid the premium at the time of buying Put options?
  2. T0BY

    T0BY counterparty

    Likes Received:
    Dec 15, 2014
    You can view what is on the bid/offer for your option & sell it anytime during market hours (before expiry). You'll have to pay a commission & clearing fees again regardless if you wait until expiry or sell it before hand.

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