ETH Option:
|
Symbol |
underlying-date-strike-C or P. example: ETH-29DEC20-600-C |
|
Contract Unit |
1 ETH option contract for 1 Ethereum |
|
Tick Size |
0.0005 ETH |
|
Underlying |
Bit.com ETH Index |
|
Expiration Time |
08:00 UTC |
|
Settlement |
Settlement in ETH. The settlement price is the 30 minutes arithmetic average of the Bit.com ETH Index before expiration. The exercise-settlement amount is the difference between settlement price and strike price then divide the settlement price. |
|
Mark Price |
Mark price is generated by Bit.com risk management department |
|
Trading Band |
+/- 0.04ETH from Mark Price |
|
Initial Margin |
Long Call IM = 0 Long Put IM = 0 Short Call IM = |Position Size in ETH| * {max [ 0.15 - max [ (strike - underlying) / underlying, 0], 0.1] + option mark price} Short Put IM = |Position Size in ETH| * max {max [ 0.15 - max [ (underlying - strike) / underlying, 0], 0.1] + option mark price, MM} |
|
Maintenance Margin |
Long Call MM = 0 Long Put MM = 0 Short Call MM = |Position Size in ETH| * [ 0.075 + option mark price] Short Put MM = |Position Size in ETH| * [ Max (0.075, 0.075 * option mark price) + option mark price] |
|
Minimum Order Size |
1 ETH |
|
Incremental Order Size |
1 ETH |
|
Block Trade |
Yes, minimum Block Trade size is 100ETH |