Step 1 Log in to MoonXBT’s APP
Log in to your account on MoonXBT’s APP.
Step 2. Complete identity verification
If they have not already, users must first complete identity authentication.
Step 3. Enter the Warrant options trading interface
Go to the homepage of MoonXBT’s APP ， click the [ Warrant ] or [ Options ]menu, to enter the Warrant trading interface.
Step 4. Transfer assets
Click the Transfer button, select the source account, and enter the amount (in USDT) to transfer assets to your options account.
Step 5. Buy call/put Warrant options
On this page, users can select the option type and expiration date. Then enter the quantity they want to purchase. The system will calculate the premium for the Warrant option, and users can click [Call] or [Put] to place the order.
Step 6. Confirm payment
Confirm the order information of the warrant option contract, such as the quantity, the strike price, the breakeven price, and the premium. The premium is the fee for purchasing the warrant option contract. Click [Exercise confirmation] to pay the premium.
After paying, the system deducts the premium from the options account. At the same time, the system calculates the breakeven price of the option contract. Call options are profitable when the underlying asset price rises above the breakeven price. Put options are profitable when the underlying price falls below the breakeven price. Users can exercise options in advance to lock in profits based on the breakeven price.
Step 7. Positions
Users can view their open warrant positions at the bottom of the options trading interface. The displayed information contains the period, quantity, strike price, and unrealized P&L. Users can also choose to exercise in advance on this page.
Step 8. Exercise and settlement
The user can wait until the product expires, and the warrant option contract automatically exercises and settles. Users can simultaneously exercise warrants in advance. Users can click [Exercise] to exercise their option in advance. The system will calculate the expected return based on the current underlying asset price.
Step 9. Historical Positions
Users can click the information button to view the historical or holding orders. The displayed information contains the premium, income, and status for each order.
Click to view the important notes for the warrant options
Please sign in to leave a comment.