101 trades were delivered in 2017-20 96% of them profitable
Options Glossary - Most Used Terms
Market on Close
An order specification that requires the broker to get the best price available on the close of trading, usually during the last five minutes of trading.
See Also:
Close: A reduction or an elimination of an open position by the appropriate offsetting purchase or sale. An existing long option position is closed by a selling transaction. An existing short option position is closed by a purchase transaction. This transaction will reduce the open interest for the specific option involved.
Market: A specific asset, security or commodity that is traded at an exchange.