5a269392_Guide__Definition
[Term] Close Now [Definition] 
Close Now enables traders to buy an option before the time of expiration. This could be helpful if you believe that your option is not performing as you expected and the asset you chose is not moving in the direction you predicted. For example, if you bought a one hour Call option on gold, and after 50 minutes you see that gold is steadily increasing, you could buy the option before the time of expiration to insure that you’ll make a profit. On the other hand, if the price of gold started to decrease, you could buy out the option before the time of expiration to minimize your risk.
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