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What are the steps to sell an option on Robinhood using cryptocurrency?

avatarAlina JakeDec 19, 2021 · 3 years ago1 answers

Can you provide a step-by-step guide on how to sell an option on Robinhood using cryptocurrency? I'm new to trading options and would like to understand the process.

What are the steps to sell an option on Robinhood using cryptocurrency?

1 answers

  • avatarDec 19, 2021 · 3 years ago
    Selling an option on Robinhood using cryptocurrency is a breeze! Just follow these steps: 1. Log in to your Robinhood account. 2. Navigate to the options trading section. 3. Search for the specific option you want to sell. 4. Click on the option to view the details. 5. On the option details page, you'll find a 'Sell' button. Click on it. 6. Enter the quantity of options you want to sell. 7. Set the limit price or choose the market price option. 8. Review your order details and click on the 'Sell' button to confirm. 9. Wait for the order to be executed. That's all there is to it! Selling options on Robinhood using cryptocurrency is quick and easy. If you have any more questions, don't hesitate to ask!