What are the steps to sell a call option on Litecoin before it expires?

1 answers

• Nov 26, 2021 · 3 years ago
  To sell a call option on Litecoin before it expires, follow these steps: 1. Login to your BYDFi account. 2. Navigate to the options trading section and find the call option contract for Litecoin that you want to sell. 3. Assess the current market conditions and determine if it's the right time to sell. 4. Set the desired selling price for the call option and place a sell order. 5. Review the order details and submit the sell order. 6. Monitor the market to see if your sell order gets executed. 7. Once the call option is sold, the corresponding amount of Litecoin will be credited to your account. Please note that these steps may vary slightly depending on the cryptocurrency exchange you are using.
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