What is an expiry date for a crypto options contract?

The date of expiry is when the two counterparties in an options contract agree to settle said crypto option. The closer an option is to expiry, the more value it loses.

What are call and put options?

A call option is a crypto options contract that gives you the right to buy the underlying asset, and a put option is a crypto option that gives you the right to sell the underlying asset.

How can you read an option chain?

Usually the order of columns in an option chain goes like this: strike, symbol, last, change, bid, ask, volume, and open interest. With the information these columns provide, you can learn about premium (the upfront fee you a buyer has to pay for an options contract), volume, open interest, and various other factors in relation to an options contract.

Delta Exchange Blog

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What is an option chain?

Shubham Goyal

January 2, 2023