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When can a European style option on a cryptocurrency be exercised?

avatarSalling PraterNov 24, 2021 · 3 years ago3 answers

Can you explain when a European style option on a cryptocurrency can be exercised? What are the specific conditions that need to be met?

When can a European style option on a cryptocurrency be exercised?

3 answers

  • avatarNov 24, 2021 · 3 years ago
    Sure! A European style option on a cryptocurrency can only be exercised at its expiration date. Unlike American style options, which can be exercised at any time before expiration, European style options can only be exercised on the expiration date itself. This means that if you hold a European style option on a cryptocurrency, you will have to wait until the expiration date to exercise it.
  • avatarNov 24, 2021 · 3 years ago
    When it comes to European style options on cryptocurrencies, you can only exercise them on the expiration date. It's like waiting for your birthday to open presents - you have to be patient! So, if you have a European style option on a cryptocurrency, mark your calendar and get ready to exercise it on the expiration date.
  • avatarNov 24, 2021 · 3 years ago
    European style options on cryptocurrencies can only be exercised on the expiration date. This is different from American style options, which can be exercised at any time. So, if you're trading on BYDFi and have a European style option on a cryptocurrency, make sure to keep an eye on the expiration date and exercise it accordingly.