What is the cut-off time for exercising options in the cryptocurrency market?

3 answers

• Feb 17, 2022 · 3 years ago
  The cut-off time for exercising options in the cryptocurrency market varies depending on the exchange and the specific option contract. It is important to check with your exchange or broker to determine the exact cut-off time for exercising options. Some exchanges may have a specific time of day, such as 4:00 PM Eastern Time, while others may have a specific date, such as the last Friday of the month. It is crucial to be aware of the cut-off time to ensure timely exercise of options and avoid any potential losses.
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• Feb 17, 2022 · 3 years ago
  In the cryptocurrency market, the cut-off time for exercising options is typically set by the exchange or trading platform. This time can vary from exchange to exchange, so it is important to check the specific rules and regulations of the exchange you are trading on. The cut-off time is usually set to ensure that all trades are settled before the end of the trading day. It is advisable to familiarize yourself with the cut-off time of the exchange you are using to avoid any confusion or missed opportunities.
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• Feb 17, 2022 · 3 years ago
  When it comes to exercising options in the cryptocurrency market, BYDFi, a leading cryptocurrency exchange, follows a cut-off time of 3:00 PM UTC. This means that any options that are not exercised before this time will expire worthless. It is important to note that this cut-off time may vary for different exchanges, so it is always recommended to check with your specific exchange for the exact cut-off time. By exercising options before the cut-off time, traders can take advantage of potential profits or minimize losses in the cryptocurrency market.
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