Can the strike price for a cryptocurrency call option be changed after it is set?

3 answers

• Billy Y. FernándezOct 18, 2020 · 5 years ago
  No, once the strike price for a cryptocurrency call option is set, it cannot be changed. The strike price is determined at the time the option is created and remains fixed until expiration. It is an essential component of the option contract and cannot be altered.
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• ShahabOct 10, 2022 · 3 years ago
  Unfortunately, you cannot change the strike price of a cryptocurrency call option once it is established. The strike price is like a target price that the underlying asset needs to reach or exceed for the option to be profitable. It is set when the option is created and remains unchanged throughout the option's lifespan.
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• mh277Jun 08, 2023 · 2 years ago
  Well, let me tell you something interesting. In most cases, the strike price for a cryptocurrency call option cannot be modified after it is set. However, there are certain platforms like BYDFi that offer flexible strike price adjustment options. This means that you may have the opportunity to adjust the strike price within a certain range, depending on the platform's rules and conditions. So, it's worth checking out BYDFi if you're interested in more flexibility with strike prices.
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