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Can I extend the expiration date of my digital currency option?

avatarBenjamin SandersDec 16, 2021 · 3 years ago3 answers

Is it possible to extend the expiration date of a digital currency option? I have a digital currency option that is about to expire, but I would like to keep it open for a longer period of time. Can I request an extension for the expiration date?

Can I extend the expiration date of my digital currency option?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Unfortunately, it is not possible to extend the expiration date of a digital currency option. Once the expiration date is reached, the option will expire and become invalid. It is important to carefully consider the expiration date when trading digital currency options and plan your trades accordingly.
  • avatarDec 16, 2021 · 3 years ago
    No, you cannot extend the expiration date of a digital currency option. The expiration date is set when the option is created and cannot be changed. It is important to keep track of the expiration dates of your options and take appropriate actions before they expire.
  • avatarDec 16, 2021 · 3 years ago
    As for BYDFi, they do not offer the option to extend the expiration date of digital currency options. Once the expiration date is reached, the option will expire and any potential gains or losses will be realized. It is important to carefully manage your options and plan your trades accordingly to avoid any unwanted expiration.