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An open system is a system which continuously interacts with its environment. The interaction can take the form of information, energy, or material transfers into or out of the system boundary, depending on the discipline which defines the concept (see below). An open system should be contrasted with the concept of an isolated system which exchanges neither energy, matter, or information with its environment.

a closed system is isolated from environmental influences. In reality completely closed systems are rare.

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What is the difference between the options buy to open and buy to close?

The difference between buy to open and buy to close is that buy to open is when you initiate a new options position by purchasing a contract, while buy to close is when you close an existing options position by buying back the contract you previously sold.


What is the difference between selling close and selling open in trading?

Selling close in trading means selling a security that you already own, while selling open means selling a security that you do not own with the intention of buying it back later at a lower price.


What is the difference between the options strategy of selling to open and selling to close?

Selling to open means initiating a new options position by selling a contract, while selling to close means ending an existing options position by selling a contract that was previously bought.


What is the difference between "buy to open" and "buy to close" options trading strategies?

"Buy to open" is when an investor initiates a new options position by purchasing a contract, while "buy to close" is when an investor closes an existing options position by buying back a contract that was previously sold.


What is the difference between buying to open and buying to close options?

Buying to open an options contract means initiating a new position by purchasing the contract, while buying to close an options contract means ending an existing position by purchasing the contract to offset a previous sale.

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