common-close-0
BYDFi
Trade wherever you are!

When do options contracts in the digital currency industry expire?

avatarAhmed MamdouhDec 18, 2021 · 3 years ago3 answers

Can you explain when options contracts in the digital currency industry expire? I'm new to trading options and want to understand the timeline for expiration.

When do options contracts in the digital currency industry expire?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Options contracts in the digital currency industry typically have a fixed expiration date. This date is set when the contract is created and cannot be changed. It is important to be aware of the expiration date as it determines when the contract will no longer be valid. If you hold an options contract past its expiration date, it will expire worthless and you will lose any potential gains. Make sure to keep track of the expiration dates of your options contracts to effectively manage your trades.
  • avatarDec 18, 2021 · 3 years ago
    Options contracts in the digital currency industry usually expire on the last Friday of the contract month. This means that if you have an options contract that expires in February, it will expire on the last Friday of February. It's important to note that different exchanges may have slightly different expiration rules, so it's always a good idea to check with your specific exchange to confirm the exact expiration date for your options contracts.
  • avatarDec 18, 2021 · 3 years ago
    When it comes to options contracts in the digital currency industry, BYDFi is a popular exchange that offers a variety of options with different expiration dates. The expiration dates can vary depending on the specific contract and the underlying digital currency. It's important to carefully read the contract details and understand the expiration date before entering into any options trades. BYDFi provides clear information about the expiration dates of their options contracts, allowing traders to make informed decisions.