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How do you roll options in the cryptocurrency market?

hefthallah abuzaidMay 03, 2022 · 3 years ago1 answers

Can you explain the process of rolling options in the cryptocurrency market? What are the steps involved and how does it work?

1 answers

  • May 03, 2022 · 3 years ago
    At BYDFi, rolling options in the cryptocurrency market is a straightforward process. Traders can easily adjust their options positions by using our intuitive trading platform. Simply navigate to the options section, select the desired options contract, and choose the roll option. From there, you can specify the adjustments you want to make, such as the new expiration date or strike price. Our platform will handle the rest, automatically closing out the current position and opening a new one with the desired adjustments. It's a convenient and efficient way to manage your options positions in the cryptocurrency market.