Crypto Trading Binance Options

Question 1

The premium can be taken out of the wallets below, with the exception of

Accepted Answer

Margin Wallet

Answer

Futures wallet

Answer

Spot

Question 2

When will the premium be debited from Liza's account when she purchases a 10-minute put option at a strike price of 7000 SDT for a premium of 9 USDT?

Accepted Answer

Once the order has been placed, the premium will be subtracted.

Answer

Once the options have been exercised, the premium will be subtracted.

Answer

All of the above

Question 3

Liza purchased a BTC call option for a premium of 100 USDT, and as the price of BTCUSDT futures increased, the expected unrealized profit from this option was 10 USDT. What will be the net PNL realized if Liza decides to settle now, before the contract expires?

Accepted Answer

-90 USDT

Answer

+50 USDT

Answer

+10 USDT

Question 4

Where does the striking price come from?

Accepted Answer

When the maximum allowed quantity is reached. The order will not be successful, and a mistake will be noted. I should now break down the order into multiple smaller volumes.

Answer

The strike price may be selected by users at will.

Answer

The perpetual contract's most recent price on Binance Futures

Question 5

What is Binance Options' underlying asset?

Accepted Answer

Binance Futures

Answer

Binance Spot

Answer

Binance Margin

Question 6

After the premium has been subtracted, there is no assurance that your options buy will execute at a profit. What should customers do because the majority of option purchases will not be profitable?

Accepted Answer

Control your transaction risks and stay away from trading on the short term.

Answer

Ignore the transaction risk and keep investing money to increase your chances of success.

Answer

None of the above

Question 7

Can traders who use Binance Options buy or sell?

Accepted Answer

Buyer

Answer

Seller

Answer

Both