What are the potential risks of letting my digital currency option expire?

3 answers

• Dec 20, 2021 · 3 years ago
  There are several potential risks associated with letting your digital currency option expire. Firstly, you may lose the entire value of the option, as it becomes worthless once it expires. This means that any premium you paid for the option will be lost. Secondly, if the price of the underlying digital currency moves in the opposite direction to what you anticipated, you may miss out on potential profits. Thirdly, if the option expires and you still want exposure to the digital currency, you may need to enter into a new option contract, which could involve additional costs. It's important to carefully consider these risks before deciding whether to let your digital currency option expire.
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• Dec 20, 2021 · 3 years ago
  Letting your digital currency option expire can have some potential risks. One risk is that you may lose the entire value of the option, which can be a significant loss if you paid a premium for it. Another risk is that if the price of the underlying digital currency moves against your anticipated direction, you may miss out on potential gains. Additionally, if you still want exposure to the digital currency after the option expires, you may need to enter into a new contract, which can involve additional fees. It's important to assess these risks and consider your investment strategy before deciding whether to let your digital currency option expire.
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• Dec 20, 2021 · 3 years ago
  When you let your digital currency option expire, there are a few potential risks to be aware of. Firstly, you may lose the entire value of the option, including any premium you paid for it. This can result in a financial loss. Secondly, if the price of the underlying digital currency moves in the opposite direction to what you expected, you may miss out on potential profits. Lastly, if you still want exposure to the digital currency after the option expires, you may need to enter into a new contract, which can involve additional costs. It's important to carefully evaluate these risks and consider your investment goals before deciding whether to let your digital currency option expire.
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