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Tutorial: Close a Position

Step-by-step guide to closing an open position in the app.

Prerequisites

  • Active Hypercall account with wallet connected
  • At least one open position

Step 1: Open your positions list

  1. Open the portfolio or positions tab
  2. Review your open positions

You should see your open positions and the underlying you want to close.

Positions list

Step 2: Start the close flow

How closing works

Closing submits a sell order for your position. If your limit price is away from the current bid, the close order can rest on the book until it matches.

Option A: Chart "Sell" Button

  1. Tap preferred market on main page
  2. Tap the "sell" button on the chart
  3. Review and sign
  4. Verify position is closed

This opens the close ticket with the Sell side selected for the position.

Sell from chart button

Option B: "Trade" Button

  1. Tap preferred market on main page
  2. Tap the "trade" button on the chart
  3. Tap "sell" or "close" from the options that pop up
  4. Review and sign
  5. Verify position is closed

This path opens the same close ticket, with Sell or Close preselected based on your choice.

Sell from trade dropup

Common Issues

"No position to close"

Cause: The position has already been closed or fully settled.

Fix: Refresh the positions list and confirm the position is still open.

"Close order still open"

Cause: Limit orders can rest until they match.

Fix: Wait for a fill, or cancel and adjust the price.

Cancel order

"Close size exceeds position size"

Cause: The close order size is larger than your current position.

Fix: Reduce the close size or select "Close All" if available.

See also