What is the expiration time for Bitcoin Cash options?
Ramya ShreeNov 26, 2021 · 3 years ago3 answers
Can you please explain the expiration time for Bitcoin Cash options? I'm new to trading and would like to understand how it works.
3 answers
- Nov 26, 2021 · 3 years agoThe expiration time for Bitcoin Cash options refers to the date and time at which the options contract expires. This is the deadline for the option holder to exercise their right to buy or sell Bitcoin Cash at the specified strike price. The expiration time is predetermined and can vary depending on the exchange or platform where the options are traded. It is important to be aware of the expiration time when trading options to ensure you make timely decisions and avoid any potential losses.
- Nov 26, 2021 · 3 years agoWhen it comes to Bitcoin Cash options, the expiration time is typically set at the end of the trading day. This means that options contracts will expire at the market close, usually around 4:00 PM Eastern Standard Time (EST). It's important to note that different exchanges may have slightly different expiration times, so it's always a good idea to check the specific terms and conditions of the exchange or platform you are trading on.
- Nov 26, 2021 · 3 years agoBYDFi, a popular cryptocurrency exchange, offers Bitcoin Cash options with an expiration time of 24 hours. This means that the options contract will expire exactly 24 hours after it is opened. It provides traders with the flexibility to take advantage of short-term price movements in Bitcoin Cash. However, it's important to note that BYDFi is just one of many exchanges that offer Bitcoin Cash options, and there are other platforms with different expiration times. It's always a good idea to research and compare different options before making a decision.
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