Closing Trades

Learn best practices for closing debit spreads: partial vs full exits, handling wide spreads, and avoiding assignment risks across major brokers.

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Closing Trades

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What you'll learn
When to close vs hold
How to send a close order cleanly
Avoid assignment and liquidity pitfalls
Discussion 2
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wr4439 Nov 28, 2025 at 12:22 AM

If Maya sends you a close trade alert and the trade is active in tos you can create closing order and the system will pick the price. Correct? In the video it was not clear to me. Thx

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Admin Nov 30, 2025 at 11:49 PM

That is correct. Most trading platforms do pick out closing price automatically. TOS is particularly good about calculating the right closing price. Maya does mention the closing price too in its alert.

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pjreda Dec 23, 2025 at 6:31 PM

.Can you explain how to calculate a 94% GTC order? I'm sure it's very simple.Can you explain how to calculate a 94% GTC order? I'm sure it's very simple.

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Admin Dec 24, 2025 at 12:31 AM

Here is the simplest explanation. If you buy a $1 wide spread for .50c, then the exit is .97C GTC limit order If you buy a $5 wide spread for 2.50c, then the exit is 4.85 GTC limit order This site is very helpful: https://percentagecalculator.net/