Option trading in Scottrade - difference between "buy to open, buy to close, sell to close, and sell to open"

Answers:0   |   LastUpdateAt:2012-08-20 13:15:02  

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TO: Reiny
Asked at 2012-08-20 13:15:02
I would try to invest in options, but ask me if I want to " buy to open, close buy , sell to open , close and sell " . Which basically means " keep the option until maturity , and automatically sell it ? " (Assuming you make money , of course ) by jargon , planned to sell to open , but I guess that's why I 'm asking . What I can use open option where I do not want to buy the common stock when it expires ?
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