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Strategies & Market Trends : Canadian Options

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To: Porter Davis who wrote (957)4/5/1998 6:04:00 PM
From: Gary McCoy  Read Replies (1) of 1598
 
Hello to all

I just found this thread and have only recently been getting familiar with option trading.

I trade stocks through TD Micromax and was wondering if anyone on this thread could explain in detail what "OPEN" or "CLOSED" position means when trading options.

Also, how is a call option exercised before the expiry date?

Thanks for the help and am looking forward to try option trading.

Gary
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