What are the typical expiration durations for options on Robinhood when trading popular digital assets like Bitcoin and Ethereum?
Thisumi SamarasekaraDec 24, 2021 · 3 years ago3 answers
When trading popular digital assets like Bitcoin and Ethereum on Robinhood, what are the usual time periods for options to expire?
3 answers
- Dec 24, 2021 · 3 years agoOptions on Robinhood for popular digital assets like Bitcoin and Ethereum usually have expiration durations ranging from a few days to several months. The specific expiration period depends on the option contract and the trader's preference. Short-term options, such as weekly or monthly options, are popular among day traders and those looking for quick profits. On the other hand, long-term options with expiration durations of several months are favored by investors who want to hedge their positions or take advantage of long-term price movements. It's important to note that the expiration durations may vary depending on market conditions and the availability of options contracts on Robinhood.
- Dec 24, 2021 · 3 years agoWhen you trade options on Robinhood for popular digital assets like Bitcoin and Ethereum, the expiration durations can vary. It all depends on the type of option contract you choose. Generally, you can find options with expiration durations ranging from a few days to several months. Short-term options, like weekly or monthly options, are great for traders who want to capitalize on short-term price movements. On the other hand, if you're more of a long-term investor, you might prefer options with longer expiration durations, allowing you to take advantage of potential price trends over a longer period. Remember to always do your research and consider your trading strategy before choosing an expiration duration.
- Dec 24, 2021 · 3 years agoWhen trading popular digital assets like Bitcoin and Ethereum on Robinhood, the expiration durations for options can vary. It's important to note that Robinhood currently does not offer options trading for cryptocurrencies. However, if you're interested in trading options for other assets on Robinhood, such as stocks or ETFs, the expiration durations can range from a few days to several months. The specific expiration period depends on the option contract and the underlying asset. Short-term options are commonly used by day traders and those looking for quick profits, while long-term options are favored by investors who want to hedge their positions or speculate on long-term price movements. Keep in mind that the availability of options contracts may vary depending on the asset and market conditions.
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