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

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8 February 2019
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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?
 
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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