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Can you guide me on how to close an option on Robinhood for cryptocurrencies?

avatarRafaela ValenciaDec 17, 2021 · 3 years ago3 answers

I'm new to trading cryptocurrencies on Robinhood and I'm not sure how to close an option. Can you provide a step-by-step guide on how to close an option on Robinhood for cryptocurrencies?

Can you guide me on how to close an option on Robinhood for cryptocurrencies?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure! To close an option on Robinhood for cryptocurrencies, follow these steps: 1. Open the Robinhood app on your mobile device. 2. Navigate to the 'Investing' tab. 3. Find the option you want to close and tap on it. 4. On the option details page, you'll see a 'Close' button. Tap on it. 5. Review the details of the option and make sure you're closing the correct one. 6. Confirm the closing of the option. That's it! Your option will be closed, and any profits or losses will be reflected in your account balance.
  • avatarDec 17, 2021 · 3 years ago
    No problem! Closing an option on Robinhood for cryptocurrencies is easy. Just follow these steps: 1. Open the Robinhood app on your phone. 2. Go to the 'Investing' section. 3. Look for the option you want to close and select it. 4. On the option details page, you'll find a 'Close' button. Click on it. 5. Double-check the details of the option to ensure you're closing the right one. 6. Confirm the closure of the option. That's all! Your option will be closed, and any gains or losses will be reflected in your account.
  • avatarDec 17, 2021 · 3 years ago
    Certainly! Here's how you can close an option on Robinhood for cryptocurrencies: 1. Open the Robinhood app on your device. 2. Navigate to the 'Investing' tab. 3. Locate the option you wish to close and tap on it. 4. On the option details page, you'll see a 'Close' button. Click on it. 5. Take a moment to review the option's details and ensure it's the correct one. 6. Confirm the closure of the option. That's it! Your option will be closed, and any profits or losses will be reflected in your account balance. If you have any further questions, feel free to ask!