common-close-0
BYDFi
Trade wherever you are!

What are the best trading hours for options in the digital currency market?

avatarDawson RosenDec 31, 2021 · 3 years ago3 answers

What are the most optimal trading hours for trading options in the digital currency market? I want to know the specific time periods during which options trading is most active and has higher liquidity. Additionally, I would like to understand if there are any specific factors that influence the trading hours for options in the digital currency market.

What are the best trading hours for options in the digital currency market?

3 answers

  • avatarDec 31, 2021 · 3 years ago
    The best trading hours for options in the digital currency market are typically during the overlap of major trading sessions. This is when there is higher trading volume and liquidity, leading to better execution of trades. Specifically, the hours between 8:00 AM and 12:00 PM EST (Eastern Standard Time) are considered to be the most active. During this time, the Asian and European markets are open, and there is increased participation from traders around the world. However, it's important to note that the digital currency market operates 24/7, so there is always some level of trading activity at any given time.
  • avatarDec 31, 2021 · 3 years ago
    When it comes to trading options in the digital currency market, the best hours can vary depending on your trading strategy and goals. Some traders prefer to trade during the early morning hours when the market is less volatile, while others thrive in the high volatility of the evening hours. It's essential to understand your risk tolerance and adapt your trading hours accordingly. Additionally, keep an eye on major news announcements and events that can significantly impact the market, as these can create opportunities or risks during specific hours.
  • avatarDec 31, 2021 · 3 years ago
    As an expert in the digital currency market, I can tell you that the best trading hours for options are when the market is most active and liquid. This typically occurs during the overlap of major trading sessions, such as the hours between 8:00 AM and 12:00 PM EST. During this time, you can expect higher trading volume and tighter spreads, which can be beneficial for executing options trades. However, it's important to note that the digital currency market is highly volatile, and trading options involves risks. Make sure to do your own research and consult with a financial advisor before making any investment decisions.