> For the complete documentation index, see [llms.txt](https://learn.charm.fi/charm/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://learn.charm.fi/charm/previous-products/charm-options/trading-tutorials/settlement.md).

# Settlement

{% hint style="info" %}
Settlement works very similar to closing a position. With the exception that the 'Close' button below will be changed to a **'Exercise'** button under 'Expired Options'.
{% endhint %}

<figure><img src="/files/Wg9TEu4XymYygxKIIknL" alt=""><figcaption></figcaption></figure>

{% hint style="success" %}
Pressing the '**Exercise**' button will withdraw the amount in 'Current Value' to your wallet.
{% endhint %}

{% hint style="info" %}
The 'Exercise' button will only be available if you opening a position to buy an option AND the option is profitable (or in-the-money), or if you opened a position to sell an option.
{% endhint %}

{% hint style="info" %}
**Your funds will always be available to withdraw at any time.** As such you do not need to worry about forgetting to withdraw or exercise your options after settlement.
{% endhint %}