Deribit Bitcoin Options Use a 30-Minute Settlement Price Window

Monthly inverse Bitcoin (BTC) options on Deribit expire on a fixed schedule, and their settlement terms define the delivery price used for contracts held through expiration. Deribit’s monthly Bitcoin (BTC) options are scheduled to expire at 4 a.m. ET Friday, Oct. 30 (08:00 UTC), under the exchange’s last-Friday schedule. Inverse options settle in cash. Their delivery price is calculated from the Deribit Index over the half-hour ending at expiration, from 3:30 to 4 a.m. ET. Max pain is a calculation based on open options positions.

Source: TokenPost