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General question about option contracts

QuestionsCategory: QuestionsGeneral question about option contracts
Ryan Melancon asked 6 years ago
Hi Pat,  If i buy a weekly call option lets say on thursday and go to sell it on friday for a profit 15 mins before close, who does that contract go to when i sell it?  Who in their right mind would take an expiring contract on 15 mins before it expires?  I'm just looking for some knowledge about options and how they work.  Thank you sir!
1 Answers
Avatar photoOwen Staff answered 6 years ago

Hi Ryan,
Video from Pat:
https://youtu.be/OCYYlyAe6_I