What is the meaning of 'option pending' in the context of cryptocurrency trading?

5 answers

• Dec 28, 2021 · 3 years ago
  Option pending in cryptocurrency trading refers to a situation where a trader has submitted an order to buy or sell an option contract, but the trade has not yet been executed. It is a temporary state where the trade is awaiting confirmation or approval from the exchange. During this time, the option is considered 'pending' and the trader cannot exercise or close the position. Once the trade is confirmed, the option will be marked as 'executed' and the trader can then take further actions based on their trading strategy. Option pending is a common term used in the cryptocurrency derivatives market and is an important aspect for traders to understand when engaging in options trading.
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• Dec 28, 2021 · 3 years ago
  Alright, so here's the deal with 'option pending' in cryptocurrency trading. When you want to buy or sell an option contract, you submit an order to the exchange. But before the trade is actually executed, it goes into a state called 'option pending'. During this time, the exchange is reviewing your order and making sure everything is in order. Once the exchange approves the trade, the option will be marked as 'executed' and you can start making moves. So, option pending is just a fancy way of saying that your trade is in the queue and waiting for the green light from the exchange. It's a normal part of the trading process, so don't sweat it.
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• Dec 28, 2021 · 3 years ago
  In the context of cryptocurrency trading, 'option pending' refers to the status of an option trade that has been submitted but is still awaiting confirmation. When you place an order to buy or sell an option, it doesn't get executed immediately. Instead, it goes into a pending state where the exchange verifies the trade and ensures that all the necessary conditions are met. This verification process can take some time, depending on the exchange and market conditions. Once the trade is confirmed, the option will be marked as executed and you can proceed with managing your position. So, option pending is just a temporary phase in the trading process that traders need to be aware of.
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• Dec 28, 2021 · 3 years ago
  Option pending, huh? Well, let me break it down for you. In cryptocurrency trading, when you want to buy or sell an option, you submit an order to the exchange. But before the trade is actually executed, it goes into a state called 'option pending'. This means that the exchange is reviewing your order and making sure everything is in order. It's like waiting in line at the grocery store - you gotta wait your turn. Once the exchange approves the trade, the option will be marked as 'executed' and you can start making moves. So, option pending is just a fancy way of saying that your trade is in line and waiting to be processed. Simple as that!
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• Dec 28, 2021 · 3 years ago
  Option pending is a term commonly used in cryptocurrency trading, including on BYDFi. When a trader submits an order to buy or sell an option, the trade enters a state called 'option pending'. During this time, the exchange reviews the order and ensures that all the necessary conditions are met. Once the trade is confirmed, the option is marked as 'executed' and the trader can proceed with managing their position. Option pending is an important concept for traders to understand, as it represents the temporary state of a trade before it is executed.
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