What time do cryptocurrency options expire?
Frick AlviMay 06, 2022 · 3 years ago3 answers
Can you please explain the expiration time for cryptocurrency options? When do they expire and how does it work?
3 answers
- May 06, 2022 · 3 years agoCryptocurrency options typically have a fixed expiration time. This means that they will expire at a specific date and time, just like traditional options. The expiration time can vary depending on the exchange and the specific option contract. Some exchanges offer weekly or monthly options, while others may have options that expire on a specific day of the week. It's important to check the expiration date and time before entering into an options contract to ensure you have enough time to make informed decisions.
- May 06, 2022 · 3 years agoCryptocurrency options usually expire at a specific time on the expiration date. For example, if the expiration date is July 31st, the options may expire at 4:00 PM UTC. It's important to note that different exchanges may have different expiration times, so it's essential to check the specific exchange's rules and regulations. Additionally, it's crucial to understand that once the options expire, they become worthless and cannot be exercised or traded anymore.
- May 06, 2022 · 3 years agoWhen it comes to BYDFi, a popular cryptocurrency exchange, the expiration time for cryptocurrency options is typically at 8:00 PM UTC on the expiration date. However, it's important to note that this may vary depending on the specific option contract and the exchange's rules. It's always a good idea to check the exchange's website or contact their customer support for the most accurate and up-to-date information on expiration times.
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