Can we buy the options back after writing them or do we have to wait for the options to go to zero?

you can buy at whatever time you think its good

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You don’t have to wait till the options go to Zero, you are allowed to buy back options any time you what to.

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SUNNAN,

Its your trade you can cover it whenever you want.

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The buyer of an option has a limited risk and has no obligation. Whereas a writer of an options is under an obligation to buy/sell before the expiry date of the contract.