Option Type
The platform provides 2 basic types of option options: Buy Up and Buy Down. Buying a call option indicates that the trader expects the price of the underlying asset to rise in the future. Conversely, traders can buy put options when they expect the price to fall.
FTK Option simplifies the options trading process, lowering barriers to purchase to enhance the trading experience. Compared to traditional options, FTK options have a shorter expiry time frame to enhance the user's trading experience. At FTK, traders can only be buyers, not sellers, as FTK is the only issuer of this option. The FTK option can clearly know the expiry time of the option at the moment of purchase. It depends on the option cycle purchased by the trader, and the settlement time of the option can be known at the moment of purchase.
Option play
FTK provides users with two different ways of playing options for options: timed entry and anytime entry. Users can freely choose their preferred way of playing according to their trading habits.
Timed admission
According to each option time interval (30s, 1M, 2M, 3M, 5M), after comparing the calendar time, each option interval has a fixed opening and closing time. Take the 5M timed entry option as an example, 11:30~11 Members who purchased and entered during the :35 period will predict the rise and fall of the trading pair during the period from 11:35 to 11:40.
The rate of return for timed entry will change in real time according to the market trend. If most users currently predict that the market trend will be up, the odds of buying and falling will increase accordingly; Purchased options yields are not affected. When the gap between the buying gas and the buying gas is larger, the odds of the side with less buying gas will rise sharply, and if you become one of the few buyers with successful predictions, you may gain huge profits.
When there is an unreasonable gap between buying up and down, in order to protect the safety of users' funds, FTK will enable a security protection mechanism, temporarily closing the option types that generate sudden buying gas until the price rises or falls between two. If the trend amplitude of the party returns to normal, it will be opened again.
Admission anytime
No matter which option time interval (30s, 1M, 2M, 3M, 5M), the user can purchase the option entry forecast at any time, and start to enter the forecast section after entering the market. Suppose the player buys the 5M option at 11:13, then The option will be settled at 11:18.
The rate of return for entering the market at any time is fixed, and rising and falling buying will not affect the rate of return.
Buy options at FTK
Buy FTK option commodity, you can adjust 1. time period and 2. expected price change ratio, and decide whether to go up or down.
Taking the entry at any time as an example, suppose you buy a 1M option commodity and predict that it will increase by 3%. The system will settle after 1M to determine whether the price has increased by more than 3%. The FTK option chart allows you to check the entry price at the time of your purchase. You can clearly compare and observe whether the direction is consistent with the actual direction.
How to calculate my option payoff
Different time intervals and different ratios of ups and downs will correspond to different yields. Before buying an option, the platform will display the yield and your expected return. Purchased USDT * Yield - Purchased USDT * commission rate, which is your actual profit.
FTKOptions Risk Disclosure Statement
Option and contract positions
FTK option will directly deduct your purchase amount from your wallet at the moment of purchase. In rare cases, this deduction may cause your contract position to be forced to liquidate due to insufficient margin. Therefore, before placing an option order, make sure you have enough in your wallet balance to make the purchase.
Risk Warning
FTK options do not guarantee that your options will be profitable after purchase, and as a trader, you acknowledge and agree that you will access and use FTK options at your own risk. You should always carefully consider whether the FTK option matches your risk tolerance, investment objectives, investment experience, financial situation, financial needs, personal circumstances and others.