back

b

Buy to Open

To establish a new
by buying shares of
or
Buying to open makes you
the asset (but not necessarily
In order to close a long position, the trader must sell the asset. If the trader can sell the position for a higher price than they originally paid, the difference in price will result as a net profit. If the position is closed at a lower price than originally paid, it will result in a net loss.

back

b
Open a Tastyworks Brokerage Account