Options grant the right (but not obligation) to buy/sell an asset at a predetermined price before expiration. OKX offers BTC and ETH options contracts, enabling users to trade call (bullish) and put (bearish) options. This guide covers both mobile (APP) and desktop (Web) operations with optimized SEO keywords: options trading, Bitcoin options, ETH options, call options, put options, OKX options, crypto derivatives.
Key Features of OKX Options
- Flexible Expiries: 8 maturity dates (daily/weekly/monthly/quarterly)
- European-Style Settlement: Automatic exercise at 16:00 HKT on expiry
- Multi-Platform Access: Consistent experience on APP and Web
- Risk Management: Isolated/Cross margin modes
👉 Master advanced options strategies
Mobile APP Trading Steps
1. Fund Transfer
- Navigate to Assets → Fund Transfer
- Select currency (e.g., USDT)
- Transfer from Funding Account to Trading Account
- Enter amount → Confirm
Pro Tip: Quick access via Trade Page → Account Info → Fund Transfer
2. Account Configuration
- Margin Mode: Toggle between Isolated/Cross
- Trade Unit: Contracts or coins
- Quote Currency: Crypto or local fiat
3. Call Option Trading (Bullish)
Buy to Open
- Select Options → Professional Mode
- Choose BTC → All Options → Call
- Pick expiry date and strike price
- Set Limit Order with price/quantity → Buy
Sell to Close
- Go to Positions
- Select active call option
- Enter exit price/quantity → Close
FAQ: What happens at expiry?
- Profitable options auto-exercise at 16:00 HKT
- Unprofitable options expire worthless
Web Platform Trading
1. Capital Allocation
- From Trade page → Assets → Transfer
- Select asset (e.g., BTC)
- Move funds to Trading Account
2. Put Option Trading (Bearish)
Sell to Open
- Switch to Options → Select BTC
- Navigate to Put Options
- Choose expiry/strike → Sell
Buy to Close
- Under Positions, select put option
- Input closing details → Confirm
👉 Optimize your options strategy today
Risk Management Tips
- Use Take-Profit/Stop-Loss orders
- Monitor Greeks (Delta, Gamma, Theta)
- Start with small positions in Simple Mode
FAQ: Why choose OKX options?
- Industry-leading liquidity
- Competitive fee structure
- Institutional-grade security
Advanced Features
- T-Shaped Quotes: Depth chart for professional traders
- Portfolio Margin: Cross-collateralization efficiency
- API Trading: Automate your strategies
Note: All screenshots in original guide were from testnet environment