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Are there any limitations or restrictions when buying options on Robinhood for cryptocurrencies during non-trading hours?

avatarDorsey ChristoffersenDec 27, 2021 · 3 years ago3 answers

What are the limitations or restrictions when it comes to buying options on Robinhood for cryptocurrencies during non-trading hours?

Are there any limitations or restrictions when buying options on Robinhood for cryptocurrencies during non-trading hours?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    During non-trading hours, there may be limitations or restrictions when buying options on Robinhood for cryptocurrencies. These limitations can vary depending on the specific cryptocurrency and the exchange it is traded on. Some exchanges may not allow options trading at all during non-trading hours, while others may have limited trading hours for options. It is important to check the specific rules and regulations of the exchange you are using to understand any limitations or restrictions that may apply.
  • avatarDec 27, 2021 · 3 years ago
    When it comes to buying options on Robinhood for cryptocurrencies during non-trading hours, there are a few things to keep in mind. First, not all cryptocurrencies may be available for options trading during non-trading hours. Some cryptocurrencies may only be available for trading during regular market hours. Additionally, the liquidity of options contracts may be lower during non-trading hours, which can impact the execution of trades. It is always a good idea to check the availability and liquidity of options contracts before placing any trades.
  • avatarDec 27, 2021 · 3 years ago
    BYDFi, a digital currency exchange, allows buying options on Robinhood for cryptocurrencies during non-trading hours. However, it is important to note that the availability and liquidity of options contracts may be limited during these hours. It is recommended to check the specific trading hours and availability of options contracts on the exchange before making any trades. Additionally, it is always a good idea to consider the market conditions and potential risks associated with trading options during non-trading hours.