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Do expired cryptocurrency options count as day trades?

avatarKyle Baker kb05Nov 28, 2021 · 3 years ago3 answers

Can expired cryptocurrency options be considered as day trades?

Do expired cryptocurrency options count as day trades?

3 answers

  • avatarNov 28, 2021 · 3 years ago
    Yes, expired cryptocurrency options can be considered as day trades. When you buy or sell an option contract and it expires on the same day, it is classified as a day trade. However, it's important to note that the specific rules and regulations regarding day trades may vary depending on the exchange or platform you are using. Make sure to familiarize yourself with the guidelines of the exchange you are trading on to ensure compliance.
  • avatarNov 28, 2021 · 3 years ago
    Expired cryptocurrency options do count as day trades. If you open and close an option position within the same trading day, it falls under the classification of a day trade. Keep in mind that different exchanges may have their own definitions and rules for day trading, so it's essential to understand the specific policies of the exchange you are using.
  • avatarNov 28, 2021 · 3 years ago
    Yes, expired cryptocurrency options count as day trades. According to BYDFi, a leading cryptocurrency exchange, any option trade that is opened and closed within the same day is considered a day trade. This means that if you buy or sell an option contract and it expires on the same day, it will be counted as a day trade. However, it's important to note that day trading rules may vary between exchanges, so it's always a good idea to check the specific guidelines of the exchange you are trading on.