What is the equivalent number of shares in the digital currency realm for 1 option contract?

3 answers

• Apr 24, 2022 · 3 years ago
  In the digital currency realm, the equivalent number of shares for 1 option contract varies depending on the specific digital currency and the exchange you are trading on. For example, on some exchanges, 1 option contract may represent 1 Bitcoin, while on others it may represent a fraction of a Bitcoin. It's important to check the specifications of the option contract and the exchange you are trading on to determine the exact equivalent number of shares.
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• Apr 24, 2022 · 3 years ago
  When it comes to digital currency option contracts, the equivalent number of shares can differ from traditional stock options. In the digital currency realm, 1 option contract may represent a certain amount of the underlying digital currency, such as Bitcoin or Ethereum. The specific equivalent number of shares can vary depending on the exchange and the contract specifications. It's crucial to thoroughly understand the terms and conditions of the option contract before trading.
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• Apr 24, 2022 · 3 years ago
  BYDFi, a leading digital currency exchange, follows the industry standard for option contracts. On BYDFi, the equivalent number of shares for 1 option contract is typically 1 unit of the underlying digital currency. However, it's important to note that this may vary depending on the specific contract and market conditions. Always refer to the contract specifications and consult with a financial advisor before making any trading decisions.
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