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My brokerage account offers me two options to place a trade -- buy to open and buy to close. Which one do I choose?

When you're ready to purchase an option, you instruct your broker to buy to open. This means you are making a new fully-paid-for option position, which when executed, will be entered into the exchange computer.

For the purposes of Options Hotline you will not be "buying to close" any of our positions.

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