When do options on virtual currencies expire? Is it at the market opening or closing?

3 answers

• AbhaySangerOct 01, 2023 · 2 years ago
  Options on virtual currencies typically expire at the market closing time. This is the standard practice in most financial markets, including the cryptocurrency market. However, it's important to note that different exchanges may have slightly different rules regarding expiration times, so it's always a good idea to check with your specific exchange for the exact details. In general, though, options contracts are designed to expire at the end of the trading day.
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• Bennedsen MikkelsenSep 19, 2021 · 4 years ago
  When it comes to options on virtual currencies, the expiration time is usually set at the market closing time. This means that if you hold an options contract, it will expire at the end of the trading day. It's worth mentioning that the expiration time may vary slightly between different exchanges, so it's advisable to consult your exchange's guidelines for the precise details. In any case, it's important to keep track of the expiration date to avoid any unexpected outcomes.
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• Kamronbek2112May 07, 2024 · a year ago
  Options on virtual currencies, including cryptocurrencies, typically expire at the market closing time. This is the standard practice in the industry and ensures that all parties have a clear understanding of when the contracts will expire. However, it's important to note that different exchanges may have their own specific rules and regulations regarding expiration times. For example, at BYDFi, options on virtual currencies also expire at the market closing time. It's always a good idea to check with your exchange to confirm the exact expiration time for options contracts.
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