Does rolling an option count as a day trade in the world of cryptocurrency?

3 answers

• Dec 26, 2021 · 3 years ago
  Yes, rolling an option can be considered a day trade in the world of cryptocurrency. When you roll an option, you are essentially closing one position and opening another on the same day. This can trigger day trading restrictions imposed by some cryptocurrency exchanges. It's important to check the specific rules and regulations of the exchange you are trading on to determine if rolling an option would be classified as a day trade.
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• Dec 26, 2021 · 3 years ago
  No, rolling an option does not count as a day trade in the world of cryptocurrency. Day trading typically refers to buying and selling the same asset within a single trading day. Rolling an option involves closing one position and opening another, which can happen over multiple days. However, it's important to note that different exchanges may have different definitions of day trading, so it's always a good idea to check the specific rules of the exchange you are trading on.
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• Dec 26, 2021 · 3 years ago
  Rolling an option may or may not count as a day trade in the world of cryptocurrency, depending on the exchange you are trading on. Some exchanges consider rolling an option as a day trade, while others do not. For example, on BYDFi, rolling an option is not considered a day trade. However, it's important to note that this may vary from exchange to exchange, so it's always a good idea to familiarize yourself with the specific rules and regulations of the exchange you are trading on.
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