Diversify your bitcoin portfolio and explore new strategic opportunities with LedgerX Bitcoin Mini Options. Execute income generation, hedging and speculation strategies with as little as 0.01 BTC.
Gain exposure to bitcoin and manage risk through our trusted, regulated platform.
User must submit exercise instructions. No auto-exercise
Underlying
Bitcoin
Trading fees
The lower of $0.15 per contract or 20% of the option premium per contract
Listing Details
Listing Cycle
Monthly contracts are listed for at least two consecutive months and at least two quarterly months, inclusive of the nearest two Dec contract months. New weekly and monthly contracts are listed Wednesday before monthly expiration Friday.
Strike Interval
For each new expiration month, LedgerX will list at least five strikes in $1,000 strike intervals. LedgerX will add additional strikes as the expiration month approaches additional strikes in accordance with the underlying price movement using 1000, 2500, or 5000 strike increments.
In the first half of the current month, LedgerX may list additional contracts for the current month. In the second half of the current month, LedgerX may list additional contracts for the current month and the following month.
For weekly contracts, LedgerX will introduce a strike at the At-The-Money (ATM) level, and at minimum two strikes above and two strikes below the ATM level in $1,000 strike intervals.
LedgerX will add additional strikes in accordance with the underlying price movement using 1000, 2000, 4000 strike increments. Weekly strikes may be listed up to 20% above the ATM strike level and down to 20% below the ATM strike level, in accordance with BTC price volatility.
