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The phrase "close the position" is correct and usable in written English.
It is typically used in financial or trading contexts to indicate the act of selling or buying back an asset to finalize a trade.
Example: "After analyzing the market trends, I decided to close the position I had on that stock."
Alternatives: "liquidate the position" or "exit the position."
Exact(3)
This is a signal to the short trader to take profits and close the position.
When investors short a stock, they make a profit if the shares are down by the time they close the position.
"Those systems can apply internally as well, so if a trader goes beyond a certain position then those systems are able, once they've breached those limits, to automatically close the position out".
Similar(57)
So, while neither BT nor MFI has been a disaster, this may be the moment to close the positions.
The break-even costs are paid twice to open and close the positions.
The closer the position accessed to the ignition end, the greater explosion intensity weakened.
The smaller the pnorm value, the closer the position of the vehicle to the mean position of its stable neighbors.
I kept the position open for another month, in hopes that a bidding war would materialize, but I eventually closed the position on April 5 for a 39% gain.
"We reported 14 incidents of near misses, fire close to the position," said Milos Strugar, a UN official in Beirut.
Two surface ice tanks will be installed close to the position of each string, both instrumented with two DOMs.
Otherwise, and in private, she came perilously close to the position which Carlyle caricatured as anarchy plus the constable.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com