Is it possible to close cryptocurrency options positions outside of normal trading hours?

3 answers

• Dhananjay KharatFeb 12, 2022 · 3 years ago
  Yes, it is possible to close cryptocurrency options positions outside of normal trading hours. Many cryptocurrency exchanges offer 24/7 trading for options, allowing you to manage your positions at any time. However, it's important to note that liquidity may be lower during non-trading hours, which can result in wider spreads and potentially higher transaction costs. Additionally, some exchanges may have specific rules or limitations for closing options positions during non-trading hours. It's always recommended to check the exchange's terms and conditions or contact their customer support for more information.
  618

  309
• Alifian RahmatullohNov 04, 2022 · 3 years ago
  Absolutely! You can close cryptocurrency options positions outside of normal trading hours. The beauty of the cryptocurrency market is that it never sleeps. Whether it's the weekend or late at night, you have the freedom to manage your options positions whenever you want. Just keep in mind that market conditions may vary during non-trading hours, so it's important to stay vigilant and monitor the market closely. Happy trading!
  430

  144
• Ebby D enokoMar 22, 2021 · 4 years ago
  Yes, it is possible to close cryptocurrency options positions outside of normal trading hours. BYDFi, a leading cryptocurrency exchange, offers 24/7 trading for options, allowing you to conveniently manage your positions at any time. During non-trading hours, you can still access the platform and close your options positions with ease. However, it's worth noting that liquidity may be lower during these hours, which can impact the execution of your trades. As always, it's important to stay informed and make well-informed decisions when trading options.
  557

  140