Options Positions and Closing Positions

Click "All Positions" to view all current options contract positions in your account. Select the contract you want to close, such as "BTCUSD-20200327-6000-P", and click "Quick Close" on the right. A secondary confirmation dialog will pop up asking whether to close the position at the best ask price of the current limit price. Click "Confirm" and you will place a limit order at the best ask price of the current limit price.

If you feel the quick close price is not the exit price you want, you can also place a manual order to close the position. To do this, click on the contract to enter the simplified trading interface for that contract:

Go to "Current Positions" and the position details for that contract will be displayed below. There is a quick close module on the far right. Enter your desired closing price and quantity here, then click Close to immediately place a limit close order.

Of course, you can also use the main interface of the simplified trading. After entering the price and quantity, proceed with the closing operation. If your position direction is buy, you should select sell when closing; if your position direction is sell, you should select buy when closing.

How do you calculate the returns after closing a position? Using the image above as an example, under current positions you can see the average opening price of this position is 0.0030 BTC, and your closing sell price is 0.0040 BTC. The closing return is therefore (0.004-0.003)*0.1*2=0.0002 BTC. That is, sell close return = (closing price - opening price) * contract multiplier * number of contracts; correspondingly, buy close return = (opening price - closing price) * contract multiplier * number of contracts.

After the close order is filled, you can view the trading amount and fees for this trade in the contract bill.

Disclaimer

This article may contain content related to products that are not available in your region. This article is dedicated to providing general information only and is not responsible for any factual errors or omissions. This article represents only the author's personal views and does not represent the views of OKX. This article is not intended to provide any of the following advice, including but not limited to: (i) investment advice or investment recommendations; (ii) an offer or solicitation to buy, sell, or hold digital assets; or (iii) financial, accounting, legal, or tax advice. Holding digital assets (including stablecoins) involves high risk, may fluctuate significantly, or even become worthless. You should carefully consider whether trading or holding digital assets is suitable for you based on your financial situation. For questions regarding your specific circumstances, please consult your legal/tax/investment professionals. The information (including market data and statistics, if any) appearing in this article is for general reference only. Although we have exercised all reasonable care in preparing this data and these charts, we assume no responsibility for any factual errors or omissions expressed herein. © 2025 OKX. This article may be reproduced or distributed in its entirety, or excerpts of 100 words or less may be used, provided such use is non-commercial. Any reproduction or distribution of the entire article must also prominently state: "Copyright © 2025 OKX, used with permission." Permitted excerpts must cite the article title and include attribution, such as "Article Title, [Author Name (if applicable)], © 2025 OKX". Some content may be generated or assisted by artificial intelligence (AI) tools. Derivative works or other uses of this article are not permitted.

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