What happens if I choose not to exercise options on Robinhood for my digital currency trades?

3 answers

• Dec 18, 2021 · 3 years ago
  Well, if you choose not to exercise options on Robinhood for your digital currency trades, you won't be able to take advantage of the potential profits that could come from exercising those options. By not exercising, you may miss out on the opportunity to buy or sell your digital currency at a predetermined price, which could result in missed gains or losses.
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• Dec 18, 2021 · 3 years ago
  If you decide not to exercise options on Robinhood for your digital currency trades, it's important to understand that options have an expiration date. If you don't exercise your options before the expiration date, they will expire worthless and you will lose the premium you paid for those options. So, it's crucial to carefully consider the potential gains or losses before deciding not to exercise.
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• Dec 18, 2021 · 3 years ago
  According to BYDFi, a digital currency exchange, if you choose not to exercise options on Robinhood for your digital currency trades, you will simply let the options expire without taking any action. This means you won't be able to buy or sell your digital currency at the predetermined price specified by the options contract. It's important to note that this decision should be based on your own analysis and risk tolerance, as it may result in missed opportunities or potential losses.
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