# 🔚Finalize Shorts

Liquidity providers can remove liquidity prior to expiry to finalize their short exposure. When removing liquidity, the smart contracts compute a finalized amount of net shorts in calls or puts owed to a position. After reserving collateral for settlement, unused collaterals are returned. 

### ➖Finalize Short Exposure

<figure><img src="/files/fFZ0gBNkGGOXbNj5fZ3j" alt=""><figcaption></figcaption></figure>

By clicking "withdraw", your order will finalize, and you will then receive the collaterals not reserved for settlement, details as follows:&#x20;

$$
YouCanReceive=Deposit + Premium + Fees - Reserved for Settlement
$$

* **Deposit:** The amount of collaterals initially committed to the position, if any.&#x20;
* **Fees:** The transaction fees you have accumulated.&#x20;
* **Premium:** The premiums for your outstanding short positions.
* **Reserved for Settlement:** Collaterals [reserved](/overview/protocol-basics/convertible-liquidity.md#reserved-for-settlement) for sold options, in case expire profitably.

Following liquidity removal, your finalized short exposure will be visible under "dashboard-position." Here, you can view the value of the short position.&#x20;

<figure><img src="/files/u35TD3N9pmO2ZZCMXBiq" alt=""><figcaption></figcaption></figure>

**Note:** Besides, If sell liquidity is seeded with prior-purchased options, **any options holdings that remain unsold at the time of withdrawal will also be returned.** You can hold till expiry or choose to sell again.&#x20;


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