Steps to buy to close a short position

You can close a short position by buying the number of contracts that you are short.

• Buy the number of contracts that you are short
• The Position Locked collateral for the short position will be unlocked when you close the position 

Steps to close your short position:

1. Click on My Positions in the main dashboard (to the right of Open Orders)
2. Click the position you want to close
3. Click Buy to Close to launch the order form
4. Enter the price you want to pay. The Contracts field is populated with the number of contracts you are short.
5. Review your buy order. You will see the Total Premium, or the amount you need to pay to buy this option.
6. Confirm your order

When your trade executes, your position will be 0 and the position locked collateral for this short position will be unlocked.