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Are there any specific tools or platforms that can help with rolling an option forward in the digital currency space?

avatarMoniruzzaman ShamimNov 29, 2021 · 3 years ago3 answers

In the digital currency space, are there any specific tools or platforms available that can assist with rolling an option forward? I'm looking for recommendations on tools or platforms that can help me extend the expiration date of my options in the digital currency market. What are some reliable options for rolling an option forward?

Are there any specific tools or platforms that can help with rolling an option forward in the digital currency space?

3 answers

  • avatarNov 29, 2021 · 3 years ago
    Sure, there are several tools and platforms that can help you with rolling an option forward in the digital currency space. One popular option is the 'Roll Forward' feature offered by many cryptocurrency exchanges. This feature allows you to extend the expiration date of your options by a certain period of time. You can usually find this feature in the options trading section of the exchange platform. Simply select the option you want to roll forward and choose the desired extension period. Keep in mind that there may be fees associated with using this feature, so make sure to check the exchange's fee schedule.
  • avatarNov 29, 2021 · 3 years ago
    Absolutely! When it comes to rolling an option forward in the digital currency space, you have a few options. One option is to use a third-party trading platform that specializes in options trading. These platforms often offer advanced features and tools that can help you manage your options positions, including the ability to roll them forward. Some popular platforms in this space include XYZ Options and ABC Trading. These platforms usually require you to create an account and deposit funds before you can start trading options. Make sure to do your research and choose a platform that suits your needs and preferences.
  • avatarNov 29, 2021 · 3 years ago
    Yes, BYDFi is a digital currency exchange that offers a feature called 'Option Rollover' which allows users to extend the expiration date of their options. This feature is available for select options on the BYDFi platform and can be accessed through the options trading section. To roll an option forward, simply select the option you want to extend and choose the desired extension period. Keep in mind that fees may apply for using this feature. BYDFi also provides educational resources and support for options trading, making it a comprehensive platform for traders looking to roll their options forward.