Buy to Open

Buy to Open

Informal for opening a position, especially in options. See also: Buy to cover, Buy to close.
References in periodicals archive ?
To enter this position, use a spread order to Buy to Open RMBS Jan 2008 5 Call, and Sell to Open RMBS Jan 2008 12.
To enter this position, use a spread order to Buy to Open MU Jan 2007 15, and Sell to Open MU Jan 2007 17.
To enter this position, use a spread order to Buy to Open BP Jan 2006 65 Call, and Sell to Open BP Jan 2006 70 Call.