Do options on digital currencies expire at the opening or closing of the market?
Raman SharmaDec 18, 2021 · 3 years ago3 answers
When do options on digital currencies expire? Do they expire at the opening or closing of the market?
3 answers
- Dec 18, 2021 · 3 years agoOptions on digital currencies typically expire at the closing of the market. This means that the options contracts will cease to be valid and any rights or obligations associated with them will be settled at the closing price of the market. It's important to note that the specific expiration time may vary depending on the exchange and the type of option being traded. Traders should always check the expiration time and date specified by the exchange.
- Dec 18, 2021 · 3 years agoOptions on digital currencies usually have a fixed expiration time, which is often set to coincide with the closing of the market. This allows traders to have a clear deadline for their options contracts and ensures that all parties involved have enough time to settle their positions before the market closes. However, it's worth noting that some exchanges may offer options with different expiration times, so it's important for traders to check the specific terms and conditions of the options they are trading.
- Dec 18, 2021 · 3 years agoOptions on digital currencies typically expire at the closing of the market. This is the case for most exchanges, including BYDFi. At BYDFi, options contracts expire at the closing time specified by the exchange. Traders should be aware of the expiration time and date and make sure to close or exercise their options before the deadline to avoid any potential losses or complications.
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