BitOpex
  • πŸ‘‹Welcome to BitOpex
  • Overview
    • ❓Why BitOpex?
    • πŸ’ΈServing retail Investors
    • ✨Our Features
      • πŸ˜ƒUser-friendly interface for retail investors.
      • πŸ“ˆRisk management: Buying options and spreads.
      • πŸ“‰Enhancing risk management and margin options.
      • 〽️Advanced auction model for large trades.
      • πŸ’»Strategy following: Learn from the best.
  • Fundamentals
    • πŸ› οΈGetting set up
  • Product Guides
    • 🧠Understanding Crypto Options trading.
    • πŸ“ͺMaking a new Trade
  • BPX Token
    • πŸͺ™Introduction
    • ⛓️Tokenomics
    • πŸ“„Contract Details
  • Affiliate Program
    • ⛓️Affiliate program
    • πŸ’°Rewards overview
  • Exchanges
    • ⛓️Buy BPX
  • πŸ‡ΈπŸ‡΄Social Media
    • Twitter
    • Telegram
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On this page
  • Step 1 - Choose your options
  • Step 2 - Call or Put
  • Step 3 - Set expiration date, strike price and the amount of options.
  • Step 4 - Place the trade.
  1. Product Guides

Making a new Trade

PreviousUnderstanding Crypto Options trading.NextIntroduction

Last updated 1 year ago

Step 1 - Choose your options

Located in the upper-left corner of the screen, kindly select the options asset of your preference to initiate a trade.

Step 2 - Call or Put

Identify if you're going to be buying a call or put options trade.

Step 3 - Set expiration date, strike price and the amount of options.

The expiration date determines the validity period of the contract, while the strike price represents the specified buying or selling level. Selecting the appropriate quantity of options enables precision in managing exposure to market fluctuations. Careful consideration of these parameters contributes to informed decision-making and potential trading success.

Step 4 - Place the trade.

Once you are satisfied with the contract's terms and are ready to proceed, place the trade by clicking the buy button. Confirm the trade and wait for it to be executed.

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