Ivan K. asked:


I’m looking at SQNM and I don’t know what the move will be. I want to buy calls and puts at the same time and will realize any profit instead of buying the shares before expiration date.

The stock is currently trading at $21. I want to buy 100 calls and 100 puts but I don’t have enough money to buy the actual shares before expiration date. Can I use “sell to close” to realize any profit instead of buying the shares?

Thanks.