Cryptocurrency Q&A
What happens if I sell before strike price?
What happens if I sell before strike price?
SilenceSolitude
Mon Oct 21 2024
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5 answers
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I'm considering selling an option before it reaches the strike price. I want to know what the consequences would be if I make this decision. Specifically, will I still earn a profit, or will I lose money? What factors should I consider before selling?
5 answers
EchoWhisper
Tue Oct 22 2024
Consequently, the option becomes worthless to the holder and expires automatically. No further action or changes are required on the holder's account regarding this option.
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CryptoTamer
Tue Oct 22 2024
The strike price of an option is crucial in determining the outcome of a sale. This is the predetermined price at which the option can be exercised, should the holder choose to do so.
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Alessandra
Tue Oct 22 2024
BTCC, a leading cryptocurrency exchange, offers a range of services to its clients. Among these are spot trading, futures trading, and digital wallet services. These services cater to the diverse needs of traders, from beginners to experienced professionals.
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SilenceStorm
Tue Oct 22 2024
For those who own a put option, the strike price holds particular significance. If the strike price of the put is less than the closing price of the underlying asset, it signifies that the option is no longer financially viable.
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Valentina
Tue Oct 22 2024
In such a scenario, the put option is deemed 'out of the money.' This term implies that the holder of the option cannot benefit financially from exercising it, as the market price of the underlying asset has surpassed the strike price.
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