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I've never bought options before so I have a question on selling my contract.

Let's say I buy a contract for $1500 ($15/share), with a strike price of $100. Can I place a sell stop on the contract that will automatically execute at say, $125/share? What I'm trying to avoid is to have to wait for the trading day to close (and potentially have the share price fall) or for a buyer to be found to take over the contract.

Can someone walk me through it?
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