Unwind is the activity which reverses a position. If an investor was long an option spread then he would sell the position to close it. If the investor had a butterfly position in bonds, then she would have to offset each leg or wing to remove the trade. Unwind can refer to Long Liquidation or Shortcovering activities.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). unwind. Retrieved September 20, 2026, from http://smartdefine.org/unwind/definitions/1166011 |
| Chicago | Barry Goldsmith. 2010. "unwind" http://smartdefine.org/unwind/definitions/1166011 (accessed September 20, 2026). |
| Harvard | Barry Goldsmith 2010, unwind, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/unwind/definitions/1166011>. |
| MLA | Barry Goldsmith. "unwind" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/unwind/definitions/1166011> |