I recently got into options, and I'm a bit confused on how to exercise my contracts.
I have an in the money contract. I understant that if I sell to close, I sell the contract at its current price, but what if I want to buy 100 shares at the strike price. What order type is that ? That is after all the intended purpose of options, right ?
These are the Order Types that I can place with my broker. These are the Order Types that I can place with my broker:
Thanks,
Liam