What is the expiration time for options on popular cryptocurrencies?
Tanvir AhamadDec 18, 2021 · 3 years ago3 answers
Can you please explain the expiration time for options on popular cryptocurrencies? I'm interested in understanding how long these options contracts last and what happens when they expire.
3 answers
- Dec 18, 2021 · 3 years agoOptions on popular cryptocurrencies typically have expiration times that can vary depending on the exchange and the specific cryptocurrency. The expiration time is the date and time at which the options contract expires and becomes invalid. It is important to note that different exchanges may have different expiration times for their options contracts. For example, some exchanges may offer weekly options that expire every Friday, while others may have monthly options that expire on the last Friday of each month. When an options contract expires, the holder of the contract no longer has the right to exercise the option and the contract becomes worthless.
- Dec 18, 2021 · 3 years agoThe expiration time for options on popular cryptocurrencies is an important factor to consider when trading these derivatives. It determines the duration of the contract and when the contract will no longer be valid. It's crucial to be aware of the expiration time and plan your trading strategy accordingly. Make sure to check the expiration date and time before entering into any options contract to avoid any unexpected outcomes.
- Dec 18, 2021 · 3 years agoOptions on popular cryptocurrencies, such as Bitcoin and Ethereum, have different expiration times depending on the exchange. For example, on BYDFi, options contracts typically have a weekly expiration, meaning they expire every Friday. This allows traders to take advantage of short-term price movements and adjust their strategies accordingly. It's important to keep track of the expiration time and plan your trades accordingly to maximize your potential profits.
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