Are there any penalties or consequences if my digital currency option expires?

3 answers

• jamieteeJul 24, 2020 · 5 years ago
  If your digital currency option expires, there are typically no penalties or consequences. An expired option simply means that you no longer have the right to buy or sell the underlying digital currency at the specified price. However, it's important to note that you may lose the premium you paid for the option. It's always a good idea to monitor your options and take action before they expire if you don't want to lose the premium.
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• man yeahMay 25, 2021 · 4 years ago
  No worries! When your digital currency option expires, there won't be any penalties or consequences. It's just like missing out on an opportunity. You won't be able to exercise your right to buy or sell the digital currency at the agreed-upon price anymore. Just make sure to keep an eye on your options and take action before they expire if you want to avoid losing the premium you paid.
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• Star ExpertDec 02, 2024 · 8 months ago
  When a digital currency option expires, there are generally no penalties or consequences. It simply means that the option is no longer valid, and you won't be able to exercise your right to buy or sell the digital currency at the predetermined price. However, it's important to note that different platforms or exchanges may have their own specific rules and policies regarding option expiration. It's always a good idea to familiarize yourself with the terms and conditions of the platform you're using to avoid any surprises.
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