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Options Contract

ItemsBTCETH
UnderlyingBTC IndexETH Index
SymbolBTC-27DEC24-100000-CETH-12APR24-4000-P
Exercise StyleEuropeanEuropean
Strike Price Range[50%IndexPrice,150%IndexPrice][50\% \cdot IndexPrice,150\% \cdot IndexPrice][50%IndexPrice,150%IndexPrice][50\% \cdot IndexPrice,150\% \cdot IndexPrice]
Strike Price Interval100 USDC10 USDC
Minimum Order Size0.11
Price QuotationQuoted in USDC per 1 BTCQuoted in USDC per 1 ETH
Tick Size1 USDC0.1 USDC
Multiplier11
Trading Hours7x247x24
Contract Duration1~24 weeks, weekly generated1~24 weeks, weekly generated
Delivery DatesEvery Friday at 08:00 UTCEvery Friday at 08:00 UTC
Settlement StyleCash SettlementCash Settlement
Settlement CoinUSDCUSDC
Contract Start Time08:00 UTC08:00 UTC
Short Position Limit10,000 BTC100,000 ETH
Allowed Trading BandwidthsCall: [max(80%FK,TickSize),F][\max(80\% \cdot F-K, TickSize), F];
Put: [max(K120%F,TickSize),K][\max(K-120\% \cdot F, TickSize), K]
Call: [max(80%FK,TickSize),F][\max(80\% \cdot F-K, TickSize), F];
Put: [max(K120%F,TickSize),K][\max(K-120\% \cdot F, TickSize), K]

Note: The above parameters are subject to the latest values published on the Dederi official website.

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