/—-/ I’m not familiar with those terms. If I sell a put expiring at the end of the week, I have the option to buy it back to close the position. It may cost you more than you sold it for, or if the stock keeps rising, you can buy it back at a lower price than you sold it.i havent done that before. Before the ending time comes up, you can cancel your buy-up and change it to buy-down?
More info here: Closing an Option Position - The Options Playbook