At what time do options on cryptocurrencies expire?
bytesizedbitchDec 26, 2021 · 3 years ago3 answers
Can you please explain the expiration time for options on cryptocurrencies? When do they expire and what factors determine the expiration time?
3 answers
- Dec 26, 2021 · 3 years agoOptions on cryptocurrencies typically have a fixed expiration time. The exact time can vary depending on the exchange and the specific cryptocurrency. However, most options contracts expire at the end of the trading day, which is usually around 8:00 PM UTC. 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 you're trading on.
- Dec 26, 2021 · 3 years agoWhen it comes to the expiration time of options on cryptocurrencies, it's crucial to consider the underlying cryptocurrency's trading hours. Since cryptocurrencies are traded 24/7, the expiration time is usually set to coincide with the end of the trading day. This ensures that the option holder has the opportunity to exercise their rights or close their position before the market closes. Additionally, the expiration time may also be influenced by factors such as market liquidity, volatility, and regulatory requirements.
- Dec 26, 2021 · 3 years agoOptions on cryptocurrencies, including Bitcoin and Ethereum, generally expire at the end of the trading day. However, it's worth noting that BYDFi, a popular cryptocurrency exchange, offers options contracts with a unique expiration time. BYDFi's options contracts expire at 12:00 PM UTC the following day. This allows traders to take advantage of extended trading hours and potentially capture additional market opportunities. It's important to keep in mind that BYDFi's options contracts have their own terms and conditions, so make sure to familiarize yourself with them before trading.
Related Tags
Hot Questions
- 99
What is the future of blockchain technology?
- 81
What are the best digital currencies to invest in right now?
- 67
How can I protect my digital assets from hackers?
- 49
What are the best practices for reporting cryptocurrency on my taxes?
- 47
What are the advantages of using cryptocurrency for online transactions?
- 46
How can I buy Bitcoin with a credit card?
- 44
What are the tax implications of using cryptocurrency?
- 18
How does cryptocurrency affect my tax return?