even up

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Even Up

To offset a position by buying or selling an amount equal to the opposite position. For example, if one owns 1,000 shares in stock A, one evens up by selling those 1,000 shares.

even up

To buy or sell a security in a quantity that offsets an existing position in that security.
References in classic literature ?
Even though he were large and bearded she thought he had become suddenly a little boy.
Dashwood could be calm, could be even prudent, when the life of a child was at stake, and Marianne, satisfied in knowing her mother was near her, and conscious of being too weak for conversation, submitted readily to the silence and quiet prescribed by every nurse around her.
But I had become aware, even so early as during my college life, that no opinion, however absurd and incredible, can be imagined, which has not been maintained by some on of the philosophers; and afterwards in the course of my travels I remarked that all those whose opinions are decidedly repugnant to ours are not in that account barbarians and savages, but on the contrary that many of these nations make an equally good, if not better, use of their reason than we do.
I dwell, even at the risk of tedium, on John's minutest errors, his case being so perplexing to the moralist; but we have done with them now, the roll is closed, the reader has the worst of our poor hero, and I leave him to judge for himself whether he or John has been the less deserving.
He prayed and supplicated in terms so moving, that even the officer was touched, and, although firm in his duty, he kindly said, "My worthy friend, let me beg of you to calm your apprehensions.
The Trojans would now have been worsted by the brave Achaeans and driven back to Ilius through their own cowardice, while the Argives, so great was their courage and endurance, would have achieved a triumph even against the will of Jove, if Apollo had not roused Aeneas, in the likeness of Periphas son of Epytus, an attendant who had grown old in the service of Aeneas' aged father, and was at all times devoted to him.
Yet I am not speaking of the hungry, restless folk who, by scores nay, even by hundreds--could be seen crowded around the gaming-tables.
Even an infidel would have heard little or nothing to shock his sensibility.
My friend is an old man, and it might concern him unduly-- even alarm him.
Nay, in his sleepy irresponsibility, he even found himself eyeing the knobbed and clumsy head of his own shabby umbrella, with some faint memories of the ogre's club in a coloured toy-book.
Sometimes the best of the pupils, of whom Natasha, who was exceptionally graceful, was first, even danced the pas de chale, but at this last ball only the ecossaise, the anglaise, and the mazurka, which was just coming into fashion, were danced.
Josie was unusually amiable -- so much so that she even remarked condescendingly to Anne,