What is the expiration date for weekly options in the cryptocurrency market?

3 answers

• japkorJun 21, 2024 · 2 years ago
  The expiration date for weekly options in the cryptocurrency market refers to the date and time at which these options contracts expire. Weekly options are a type of derivative contract that allow traders to buy or sell a particular cryptocurrency at a predetermined price within a specific time frame, typically one week. The expiration date is the deadline for exercising the options contract, after which it becomes void. The expiration date is determined by the exchange on which the options are traded and is usually set to occur on a specific day of the week, such as Friday. Factors that can influence the expiration date include market demand, trading volume, and the exchange's rules and regulations.
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• KongFeb 23, 2024 · 2 years ago
  Weekly options in the cryptocurrency market have an expiration date that signifies the end of the contract. This date is set by the exchange and is typically on a specific day of the week, such as Friday. Traders who hold weekly options must decide whether to exercise their contracts or let them expire worthless before the expiration date. The expiration date is an important factor to consider when trading options, as it determines the time frame within which traders can profit from their positions. It's important to note that the expiration date can vary between different exchanges and may also depend on the specific cryptocurrency being traded.
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• Ashana BholaFeb 24, 2022 · 4 years ago
  When it comes to the expiration date for weekly options in the cryptocurrency market, it's important to understand that different exchanges may have different rules and regulations. For example, on BYDFi, a popular cryptocurrency exchange, weekly options contracts typically expire on Fridays at 4:00 PM UTC. However, it's always a good idea to check with the specific exchange you're trading on to confirm the exact expiration date and time. Factors such as market demand, trading volume, and the exchange's policies can all play a role in determining the expiration date for weekly options in the cryptocurrency market. So, make sure to stay informed and keep an eye on the expiration dates of your options contracts to make the most out of your trading strategies.
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