What is the meaning of roll options in the world of cryptocurrencies?

1 answers

• May 11, 2022 · 3 years ago
  Roll options, also known as options rollover, are a feature offered by some cryptocurrency exchanges that allow traders to extend the expiration date of their options contracts. This can be useful for traders who want to give their trades more time to play out and potentially profit from market movements. However, it's important to note that roll options may come with additional fees and risks, so traders should carefully evaluate whether it aligns with their trading strategy and risk tolerance. BYDFi, a popular cryptocurrency exchange, offers roll options as part of their trading platform, providing traders with the flexibility to manage their options positions effectively.
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