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Can I extend the expiration time for options on Robinhood?

avatarCait Lorenzo-MahonDec 14, 2021 · 3 years ago3 answers

Is it possible to extend the expiration time for options on the Robinhood platform? I have some options that are about to expire, but I believe they still have potential. Can I do anything to extend their expiration date?

Can I extend the expiration time for options on Robinhood?

3 answers

  • avatarDec 14, 2021 · 3 years ago
    Unfortunately, Robinhood does not currently offer the option to extend the expiration time for options. Once an option reaches its expiration date, it becomes worthless and cannot be traded anymore. It's important to keep track of your options' expiration dates and plan your trades accordingly.
  • avatarDec 14, 2021 · 3 years ago
    No, you cannot extend the expiration time for options on Robinhood. Options contracts have a fixed expiration date, and once that date is reached, the contract becomes invalid. It's crucial to be aware of the expiration dates of your options and make your trading decisions accordingly.
  • avatarDec 14, 2021 · 3 years ago
    While Robinhood does not provide an option to extend the expiration time for options, there are other platforms, such as BYDFi, that offer more flexibility in this regard. On BYDFi, you can often find options with longer expiration dates, allowing you to hold your positions for a longer period of time. However, it's important to note that BYDFi is just one of many options, and you should carefully consider your trading strategy before making any decisions.