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What time do cryptocurrency options expire?

avatarEdison Ramos DeguzmanDec 26, 2021 · 3 years ago3 answers

Can you please explain the expiration time for cryptocurrency options? When do they expire and how does it work?

What time do cryptocurrency options expire?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Cryptocurrency options typically have a fixed expiration time. This means that they will expire at a specific date and time, just like traditional options. The expiration time can vary depending on the exchange and the specific option contract. Some exchanges offer weekly or monthly options, while others may have options that expire on a specific day of the week. It's important to check the expiration date and time before entering into an options contract to ensure you have enough time to make informed decisions.
  • avatarDec 26, 2021 · 3 years ago
    Cryptocurrency options usually expire at a specific time on the expiration date. For example, if the expiration date is July 31st, the options may expire at 4:00 PM UTC. It's important to note that different exchanges may have different expiration times, so it's essential to check the specific exchange's rules and regulations. Additionally, it's crucial to understand that once the options expire, they become worthless and cannot be exercised or traded anymore.
  • avatarDec 26, 2021 · 3 years ago
    When it comes to BYDFi, a popular cryptocurrency exchange, the expiration time for cryptocurrency options is typically at 8:00 PM UTC on the expiration date. However, it's important to note that this may vary depending on the specific option contract and the exchange's rules. It's always a good idea to check the exchange's website or contact their customer support for the most accurate and up-to-date information on expiration times.