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Are there any specific steps to follow when closing an iron condor position on thinkorswim for digital currencies?

avatarJensby LuDec 27, 2021 · 3 years ago1 answers

What are the specific steps to follow when closing an iron condor position on thinkorswim for digital currencies?

Are there any specific steps to follow when closing an iron condor position on thinkorswim for digital currencies?

1 answers

  • avatarDec 27, 2021 · 3 years ago
    Closing an iron condor position on thinkorswim for digital currencies is a straightforward process. Here are the steps you can follow: 1. Log in to your thinkorswim account and navigate to the Trade tab. 2. Find the digital currency pair associated with your iron condor position. 3. Click on the position to open the trade details. 4. Look for the 'Close' or 'Close Position' button and click on it. 5. Review the closing order details and make any necessary adjustments. 6. Confirm the order to close your iron condor position. 7. Keep an eye on your account to ensure the position is closed successfully. These steps should help you close your iron condor position on thinkorswim for digital currencies effectively.