closing sale

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Closing sale

A transaction in which the seller's intention is to reduce or eliminate a long position in a stock, or a given series of options.

Closing Sale

1. Any transaction that closes a position, especially a long position.

2. An option buyer's sale of a second option that cancels out the provisions of the previous option by having the same provisions.

closing sale

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References in periodicals archive ?
The store closures affect 222 locations, where the company said "store closing sales" are currently being held.
2.8K Mar 40 calls also traded and apparently closing sales, with the contract $5 ITM.
Website, referrals,repeat customers & 3-D computerized designs assist in closing sales. All sub-contractors on 1099's.
Japan's supermarket sales marked the first year-on-year rise in 13 months in March on a same-store basis, backed partly by spirited closing sales, an industry body said Monday.
"It shows that it is very challenging closing sales in this current environment," said Kim Heddinger, outgoing president of the Eugene Association of Realtors.
Some 10% more brokers reported closing sales at or above asking price compared to what brokers reported in the second quarter of 2010.
A Bronze Achiever Award for closing sales of $14 to $19 million went to Marlene Granacki of RE/MAX Exclusive Properties, 2951 N.
Closing Sales with Integrity, a Flair, and Assurance
Michael Canno, Michael Pace, and Landy Wingard present their combined 50 years of sales experience in The Selling Machine, a straightforward manual to regularly closing sales deals from small-time transactions to multimillion-dollar operations.
A salesperson should really do just the opposite: spend the most time closing sales with the easiest-to-close prospects.
Significantly reducing the time spent processing new business requests will free producer and customer service representatives to focus on closing sales and growing the small-commercial market segment.
The November calls appear to be closing sales, while the Dec 380 calls were bought to open.