When do digital currency options expire?
Khánh TrầnDec 27, 2021 · 3 years ago3 answers
Can you explain the expiration of digital currency options in detail? When do they typically expire and what happens after expiration?
3 answers
- Dec 27, 2021 · 3 years agoDigital currency options typically have a fixed expiration date, which is predetermined at the time of purchase. The expiration date can vary depending on the specific option contract and the exchange where it is traded. After the expiration date, the option contract becomes null and void, and the holder no longer has the right to exercise the option. It's important to note that if the option is not exercised before the expiration date, it will expire worthless, and the holder will lose the premium paid for the option.
- Dec 27, 2021 · 3 years agoDigital currency options usually expire on the last Friday of the expiration month. For example, if an option contract has an expiration month of June, it will expire on the last Friday of June. After expiration, the option ceases to exist, and the holder has no further rights or obligations. It's crucial for traders to keep track of the expiration dates of their options and plan their trading strategies accordingly.
- Dec 27, 2021 · 3 years agoWhen it comes to digital currency options, BYDFi offers a variety of expiration dates to choose from. The expiration dates range from weekly to monthly options, providing traders with flexibility in their trading strategies. It's important to review the specific expiration dates offered by BYDFi and consider factors such as market conditions and personal trading goals when selecting an expiration date for digital currency options.
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