You expect the underlying asset's price to fall (bearish). 2. Sell to Close (STC): Exiting the Trade
You pay a premium (debit) to a seller to acquire the rights of a contract. Result: You become the "holder" or "buyer" of the option.
This order is used to a position you previously opened via BTO. When you execute an STC order: Action: You sell your existing contract to another party.
You expect the underlying asset's price to rise (bullish).
