Borrowing from French bougie â(âwax candleâ), after the Algerian city Bougie, and the tapered, hand-dipped candles it made. bougie â(plural bougies) (medicine) A tapered cylindrical instrument for introducing an object into a tubular anatomical structure, or to dilate such a structure, as with an esophageal bougie.
View Full Document. The first step in successful closing is to set the right objectives. A good starting point for obtaining a commitment is to know what level of commitment from the customer will be needed to make the call a success. There are four possible outcomes of a sales call with larger sales.
To buy either a put or call, the investor must enter a âbuy to openâ order. To write a put or a call, she must enter a âsell to openâ order. Exiting an order requires closing the position. If the investor bought an option, she needs to use a âsell to closeâ order. Essentially, this is like owning a stock and selling it back into the market to close the position. If the investor wrote an option, she needs to use the âbuy to closeâ order to close the position. In summary, the investor holding a short position can sell to open to enter a contract, or buy to close to exit a position.