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| I have bought options through a broker before, but am thinking about doing it on my own now. My question is if I buy a put for say 30 cents then at some point want to get out of it and sell the same put to close it, and the price ends up going below the strike price at expiration, could i get exercised on and owe the buyer money, or have I just offset and closed the position? Also how do you exercise an option if you are in the money? Do you just offset it? Thanks for any feed back. | |
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option question
