common-close-0
BYDFi
Trade wherever you are!

How can I roll an option to invest in digital currencies?

avatarBerychcDec 27, 2021 · 3 years ago1 answers

I want to invest in digital currencies using options, but I'm not sure how to roll an option. Can you explain the process of rolling an option in the context of investing in digital currencies?

How can I roll an option to invest in digital currencies?

1 answers

  • avatarDec 27, 2021 · 3 years ago
    At BYDFi, rolling an option to invest in digital currencies is a straightforward process. You can easily roll your option by selling your current option contract and simultaneously buying a new option contract with a later expiration date. This can be done on our platform with just a few clicks. Rolling an option allows you to extend your investment timeframe and potentially benefit from future price movements in digital currencies. However, it's important to carefully consider the risks and transaction costs involved before rolling an option. If you have any questions or need assistance, our support team is always here to help.