Is it possible to sell a call option before expiry on cryptocurrency exchanges?

5 answers

• Nov 26, 2021 · 3 years ago
  Yes, it is possible to sell a call option before it expires on cryptocurrency exchanges. When you sell a call option, you are essentially selling the right to buy the underlying asset at a specific price (strike price) before a certain date (expiry date). If the price of the underlying asset increases and you believe that the option will be profitable, you can sell the call option to another trader. This allows you to realize the profit without waiting for the option to expire.
  482241
• Nov 26, 2021 · 3 years ago
  Absolutely! You can sell a call option before it expires on cryptocurrency exchanges. It's a great way to take profits if you believe that the price of the underlying asset will not continue to rise. Just like selling any other asset, you can place a sell order for your call option on the exchange and wait for a buyer to match your order. Once the transaction is complete, you will receive the agreed-upon price for the option.
  429143
• Nov 26, 2021 · 3 years ago
  Yes, you can sell a call option before it expires on cryptocurrency exchanges. However, it's important to note that not all exchanges offer options trading. One popular exchange that does offer options trading is BYDFi. On BYDFi, you can buy and sell call options before they expire. Simply place a sell order for your call option and wait for a buyer to match your order. Once the transaction is complete, you will receive the agreed-upon price for the option. Keep in mind that options trading involves risks, so make sure to do your research and understand the market before trading.
  586147
• Nov 26, 2021 · 3 years ago
  Definitely! Selling a call option before expiry is possible on cryptocurrency exchanges. It's a common practice among traders who want to lock in profits or cut losses. By selling the call option, you can exit the position and realize any gains or losses without waiting for the option to expire. Just like selling any other asset, you can place a sell order on the exchange and wait for a buyer to match your order. Once the transaction is complete, you will receive the agreed-upon price for the option.
  505101
• Nov 26, 2021 · 3 years ago
  Yes, you can sell a call option before it expires on cryptocurrency exchanges. This feature is available on most reputable exchanges that offer options trading. Selling a call option before expiry allows you to take profits or cut losses based on your market analysis. Simply place a sell order for your call option and wait for a buyer to match your order. Once the transaction is complete, you will receive the agreed-upon price for the option. Remember to consider factors such as liquidity and market conditions before making any trading decisions.
  55292