What are key features of options traded on Thalex

Thalex offers options which have the following key features: 

  1. European-style options, meaning that options that can only be exercised at expiration. 
  2. Futures-style daily settlement at the daily mark price. This means that if, for example, you buy a BTC call option, the option's premium is not immediately deducted from your asset balance. Instead the change in price is reflected in your unsettled PNL. 

Please see our Contract Specifications for more information.