Holding positions refers to the process of holding crude oil contracts without taking any action after opening positions. In the meantime, we can judge the method or time to take other actions by the price change of crude oil. Positions are only for investors who have already opened positions.
Closing a position refers to the behavior of crude oil investors to buy or sell the same number of crude oil contracts as the silver contracts they hold, but the trading direction is opposite, that is, to close the silver trading.
Therefore, we can also understand that there is no crude oil contract before closing the position after opening the position. After the opening of the position, the open contract will continue to be held except for the forced liquidation due to the large fluctuation of the silver price.