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When is the expiry time for bitcoin options?

avatarDaren SelzerDec 27, 2021 · 3 years ago5 answers

Can you please provide more information about the expiry time for bitcoin options? I would like to know when the options contracts for bitcoin expire and how it affects trading.

When is the expiry time for bitcoin options?

5 answers

  • avatarDec 27, 2021 · 3 years ago
    The expiry time for bitcoin options varies depending on the exchange and the type of options contract. Generally, options contracts have a predetermined expiry date and time, after which they become invalid. For bitcoin options, the expiry time can range from a few hours to several months. It's important to note that the expiry time is set at the time of contract creation and cannot be changed once the contract is in effect. When the expiry time is reached, the options contract is settled based on the price of bitcoin at that time. This settlement can result in a profit or loss for the option holder, depending on the strike price and the market price of bitcoin. It's recommended to check the specific expiry time for bitcoin options on the exchange where you are trading.
  • avatarDec 27, 2021 · 3 years ago
    Bitcoin options contracts have a fixed expiry time, which is determined when the contract is created. The expiry time can vary depending on the exchange and the type of options contract. Some exchanges offer weekly or monthly options contracts, while others may have shorter-term contracts with daily or even hourly expiry times. It's important to be aware of the expiry time when trading bitcoin options, as it determines when the contract will be settled. If you hold a bitcoin options contract until the expiry time, it will be automatically settled based on the price of bitcoin at that time. It's recommended to check the expiry time for bitcoin options on the exchange where you are trading.
  • avatarDec 27, 2021 · 3 years ago
    When it comes to BYDFi, a popular cryptocurrency exchange, the expiry time for bitcoin options is typically set at 8:00 PM UTC. This means that all bitcoin options contracts on BYDFi expire at this time, regardless of their creation date. It's important to keep this expiry time in mind when trading bitcoin options on BYDFi, as it determines when the contracts will be settled. If you hold a bitcoin options contract on BYDFi until the expiry time, it will be automatically settled based on the price of bitcoin at that time. It's recommended to check the specific expiry time for bitcoin options on BYDFi's website or platform.
  • avatarDec 27, 2021 · 3 years ago
    The expiry time for bitcoin options can vary depending on the exchange and the type of options contract. Different exchanges may have different expiry times for their bitcoin options contracts. Some exchanges offer weekly or monthly options contracts, while others may have shorter-term contracts with daily or even hourly expiry times. It's important to check the specific expiry time for bitcoin options on the exchange where you are trading. Additionally, the expiry time can also depend on the type of options contract, such as European-style or American-style options. European-style options can only be exercised at expiry, while American-style options can be exercised at any time before expiry. It's recommended to familiarize yourself with the expiry time and the type of options contract before trading bitcoin options.
  • avatarDec 27, 2021 · 3 years ago
    The expiry time for bitcoin options is an important factor to consider when trading. It refers to the date and time at which the options contract expires and becomes invalid. The expiry time can vary depending on the exchange and the type of options contract. Some exchanges offer weekly or monthly options contracts, while others may have shorter-term contracts with daily or even hourly expiry times. It's important to be aware of the expiry time when trading bitcoin options, as it determines when the contract will be settled. If you hold a bitcoin options contract until the expiry time, it will be automatically settled based on the price of bitcoin at that time. It's recommended to check the specific expiry time for bitcoin options on the exchange where you are trading.