Before the expiration of BTC option
options are divided into European options, American options and Bermuda options
European options can only be executed on the maturity date, while American options can be executed on any day before the maturity date. Bermuda options are executed on a series of dates specified before the maturity date, so they are considered as a mixture of American options and European options.
Options that can be exercised on or before the maturity date are American options
American option means that the option holder can choose to exercise or not to exercise the option contract before 9:30 a.m. New York time on any working day before the expiration date of the option. American options allow the option holder to exercise the right to purchase (in the case of a call option) or sell (in the case of a put option) the underlying assets on or before the maturity date
after the completion of American option trading, the funds will generally arrive on the same day or one day later. Most American option holders can trade options on any day. However, when some options contracts are signed, it is stipulated how long the options can only be traded. Therefore, before signing the options contracts, both parties must negotiate well and avoid unnecessary economic disputes
extended information:
in foreign exchange options trading, if the way of option exercise, in addition to American options, there are European options
The difference between the two is mainly in the execution time American option: the contract can be executed at any time before or on the maturity date, and the settlement date is one or two days after the performance date. Most American option contracts allow the holder to perform at any time between the trading date and the performance date, but there are also some contracts that require a relatively short period of time, such as "two weeks before the maturity date" European option: the contract requires the holder to perform the contract only on the e date, and the settlement date is one or two days after the performance. At present, European option contract is used in foreign exchange option trading in Chinacompared with European options, the buyer's "right" of American options is relatively large. The seller risk of American option is relatively high. Therefore, under the same conditions, the price of American options is relatively high
the holder of European option can only fulfill the contract on the maturity date
moreover, it seems that the domestic foreign exchange option trading is European style, and there are more European style in the international market
you should follow the rules of which game you want to play
-
upstairs, you are not right. European options can not be bought and sold at the market price at any time.
