Close a position
You can close your position at any time to realise gains or losses. The following are the steps required to close a position:
This shows the maximum gas fees to close a position is 0.032789. The amount '0' indicates no money is sent from your wallet to the Blockchain, because you are actually received money into your wallet. The amount you will receive (before gas fees) is 0.006928 ETH, for a gross profit (before gas fees) of - 0.0001 ETH.
From the above, you can check the following details of your transaction:
- The amount you receive from closing your position should match the current value in step 3.
- The details for options you sold, and the units sold, should match the details in step 3.
- The final gas fees should be lower than the Metamask estimate in step 4.
You can do the above at any time to realise the profits or loss shows in the 'PnL' section in step 3. There is no need to wait until settlement to realise any gains.