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I want to buy a call option. I want to pay somebody else a premium to have the option to sell their shares and

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Do I buy to open or buy to close to purchase the option or what? thanks!

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  1. Before you do anything, you should learn more about options.  Trading options when you know as little about them as you is a stupid idea.

    After that, talk to your broker about buying to open.


  2. You want to BUY an option to OPEN your position (investment), so you are "buying to  open". At some point you may want to SELL your options to CLOSE your position, and you will be "selling to close".

  3. buy to open call option
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