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A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
BTC stands for "buy to close." When an investor buys to close a position, they are purchasing an option or other security with the goal of closing out an existing short position. For example, if an investor has sold a call option (short call) and wants to close out that position, they can do so by buying back the call option (BTC).
a financial derivative that represents a contract sold by one party (the option writer) to another party (the option holder). The contract gives the option holder the right, but not the obligation, to buy (in the case of a call option) or sell (in the case of a put option) an underlying asset at a specified price (the strike price) on or before a specified date (the expiration date).