When can a European style option on a cryptocurrency be exercised?
TeichralleNov 26, 2021 · 3 years ago3 answers
Can you explain when a European style option on a cryptocurrency can be exercised? What are the specific conditions that need to be met?
3 answers
- Nov 26, 2021 · 3 years agoSure! A European style option on a cryptocurrency can only be exercised at its expiration date. Unlike American style options, which can be exercised at any time before expiration, European style options can only be exercised on the expiration date itself. This means that if you hold a European style option on a cryptocurrency, you will have to wait until the expiration date to exercise it.
- Nov 26, 2021 · 3 years agoWhen it comes to European style options on cryptocurrencies, you can only exercise them on the expiration date. It's like waiting for your birthday to open presents - you have to be patient! So, if you have a European style option on a cryptocurrency, mark your calendar and get ready to exercise it on the expiration date.
- Nov 26, 2021 · 3 years agoEuropean style options on cryptocurrencies can only be exercised on the expiration date. This is different from American style options, which can be exercised at any time. So, if you're trading on BYDFi and have a European style option on a cryptocurrency, make sure to keep an eye on the expiration date and exercise it accordingly.
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