How to 'Sell to Close' Stock option on Scottrade

If you are looking for a Guide to "Sell to Open" a call option but are not sure how to do it then this is a great Starting point. will show you how you want to do it. I purchased a Trip advisor stock and now am closing it to make some nice profit in a short amount of time. More Great Tips (http://reviewoutlaw.com)

Comments

1. can you do multiple leg strategies at the same time? like spreads, strangles, straddles, etc? thanks!
2. So does this sell to close work with a PUT that was BTO? I'd like to know how closing a PUT works!? help thanks!
3. do you get charged that commission twice if you change your limit order?
4. Why not sell to close with 'market'?
5. If I understood correctly you initially sold to open a call option and the price of the underlying went up. If this is the case why would you be selling to close your call option because if I am not mistaking wouldn't it cost you more to close that option, resulting in a loss? Please excuse me if I have misunderstood this or am mistaken.
6. So you can actually make money on scottrade
7. when i try to buy a stock it says "unable to enter order because your account is restricted to closing transactions". I am new to scotttrade and have no odea what this means. I bought two stocks a few days ago but thats it.
8. Well I just give your the thumbs Up ask you requested, would you please do this video all over again since Scott trade have change their website !
9. Curious on why the Bid Price and Asking Price differ from the Bid Price and Asking Price in the yellow box ahead? Also why would it be $17 and not in the $80 range for the sell price if the stock went up. Please excuse the ignorance. Thanks in advance
10. hi brother, I'm new to this and I am just wondering if I need a separate bank account, or how is the money exchanged.
11. What if you wanted to exercise the option?
12. i'm new to the stock market, i have a scottrade account as well, one of my share prices shot up recently, i bought it when it was low at $6.65 a few months ago, it went up to $15.23 and it says "total gain 104.54"...what should i do?...
13. The quantity is 1, meaning 100 shares or 100 contracts? so if I order a quantity of 2, it would be 200 shares or contracts?