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How are strikes and expiries selected?
How are strikes and expiries selected?
Updated over a week ago

Expiries

You can trade Daily, Weekly, and Monthly expiries on Lyra. The current schedule consists of the following listings:

  • 2 Daily expiries.

  • 3 Weekly expiries.

  • 3 Monthly expiries.

When one of the listed Dailies, Weeklies, or Monthlies expires, a new one will be added.

Strikes

The strike increments depend on the delta and the time left to expiry:

  • Ethereum (ETH)

Time to Expiry

Delta

Increments ($)

1 day or less

40-60

25

20-40, 60-80

50

1-20, 80-99

100

8 days or less

40-60

50

20-40, 60-80

100

1-20, 80-99

200

35 days or less

40-60

100

20-40, 60-80

200

1-20, 80-99

500

More than 35 days

40-60

200

20-40, 60-80

500

1-20, 80-99

1000

  • Bitcoin (BTC)

Time to Expiry

Delta

Increments ($)

1 day or less

40-60

500

20-40, 60-80

1000

1-20, 80-99

2000

8 days or less

40-60

1000

20-40, 60-80

2000

1-20, 80-99

5000

35 days or less

40-60

2000

20-40, 60-80

5000

1-20, 80-99

10000

More than 35 days

40-60

5000

20-40, 60-80

10000

1-20, 80-99

20000

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