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OKX Donates $4.5M to Perpetual Swap Insurance Fund
In order to enhance the reliability and stability of the perpetual swap market, we have donated US$4,567,888-worth BTC to the BTC perpetual swap insurance fund at 22:00 Jul 24, 2019 (CEST, UTC+2) (Conversion rate taken from the BTC/USD index price of OKX at 14:00 July 24, 2019 (CEST, UTC+2)). Thank you for your continued support and we assure you of our best service at all times. Regards, OKX Jul 25, 2019Published on 24 July 2019Updated on 29 May 2026AnnouncementsInsurance Fund Injection for BCH & BSV Futures Contracts
Dear valued customers, We have injected the remaining balance of the insurance fund for the original Bitcoin Cash futures contract into the insurance funds of Bitcoin Cash ABC (BCH) and Bitcoin Cash SV (BSV) futures contracts at Jan 4, 2019 (CET, UTC+1): BCH insurance fund: 444.1200BCH,7:47am Jan 4, 2019 (CET, UTC+1) BSV insurance fund: 444.1200BSV,7:55am Jan 4, 2019 (CET, UTC+1) Thank you for your continued support and we assure you our best services at all times. Regards, OKX Jan 4, 2018Published on 4 Jan 2019Updated on 29 May 2026AnnouncementsOption Margin
not to exercise the option.Published on 20 June 2022Updated on 29 May 2026Product documentationWhat's Options trading?
OKX Trade menu and Events & Options page with Simple options and Advanced options On the web: Go to Trade > Events & Options. Then, select Simple options or Advanced options from the Options section Note: if you don't see Events&Options in the Trade menu, it means you're in a restricted region or using a limited account type.How do I find out about Option trading fees? Fee schedule is listed in Assets > Fee schedule page. Both transaction fees and exercise fees are applied.Published on 19 Nov 2024Updated on 21 June 2026FAQ13Options trading FAQ
What are the API Best Practices? For those connected via API, visit here to learn more about API best practices.Is Market Maker Protection (MMP) available for options trading? We offer Market Maker Protection for options market makers to protect makers from executing too much within a short period of time. Please contact your account manager or institutional@okx.com if you want to have it enabled. Please refer to Market Maker Protection API.Published on 19 Nov 2024Updated on 29 May 2026FAQ4OKX Options Introduction
Contract type: Call options give the holder the right to buy at a specified price while put options give the right to sell at a specified price. Exercise Style: American Options can be exercised at any time prior to its expiration date. European options can only be exercised on its expiration date. OKX Options are European options. Option premium: the price at which an option is bought or sold.Published on 5 Sept 2023Updated on 29 May 2026Product documentationGet started with OKX Options
For Institutional Investors:6.1 API Best Practices For those connected via API, here is API best practices.6.2 Market Maker Protection (MMP) We offer MMP for options market makers to protect makers from executing too much within a short period of time. Please contact your account manager or institutional@okx.com if you want to have it enabled. Please refer to MMP API. Please note the time interval is in milliseconds, not seconds.Published on 9 Oct 2023Updated on 29 May 2026Product documentationIntroduction to Options Expiration Dates
For example, 4th-daily options will not be generated every Monday as the weekly options also expire on that same Friday.Published on 5 Sept 2023Updated on 29 May 2026Product documentationCalculation of option's profit and loss
As to initial margin of short positions, please refer to Introduction to the calculation of options margin. Maintenance margin The maintenance margin for long positions is 0. As to maintenance margin of short positions, please refer to Introduction to the calculation of options margin. 2. Multi-currency margin mode: cross margin Under the multi-currency margin mode: cross margin, the system only allows users to open short positions of options.Published on 20 June 2022Updated on 29 May 2026Product documentationIntroduction to options margin calculation
Call options’ seller: Position margin = [max (0.1, 0.15 - OTM value / same expiry futures mark price) * margin factor + options mark price] * contract multiplier * amount of positions = [max (0.1, 0.15 – 100 / 5900) * 1.02 + 0.0575] * 0.1 * 50 = 0.96606 BTC (3) Put options’ seller:Position margin of BTCUSD and ETHUSD options = [max (0.1 * (1 + options mark price), 0.15 – OTM value / same expiry futures mark price) * margin factor + options mark price] * contract multiplier * amount of positions ExamplePublished on 16 Dec 2020Updated on 29 May 2026Product documentationOptions Order and Position Limits
Order and Position Limits Options Order and Position Limits Rule Type Coin-Margined BTC/USD Options Coin-Margined ETH/USD Options USDⓈ-margined BTC/USD Options USDⓈ-margined ETH/USD Options #1 Max. No. of contracts for each order 25,000 50,000 25,000 500,000 #2 Max. No. of current open orders for one instrument 12 12 12 12 #3 Max. No. of contracts of all open orders for one underlying 500,000 500,000 500,000 5,000,000 #4 Max. No. of open orders for one underlying 500 500 500 500 #5 Max.Published on 10 Dec 2019Updated on 29 May 2026Product documentationOKX to adjust options trading fees
In order to continue providing you with high-quality options trading services , OKX option team plans to make the following adjustments to options trading fees at 10:40 am UTC on February 10, 2025: Tier Total OKB holding Assets (USD) or 30-day trading volume (USD) Maker fee Taker fee Lvl 1 < 100 < 100,000 / < 5,000,000 0.030% 0.030% Lvl 2 ≥ 100 < 100,000 / < 5,000,000 0.029% 0.030% Lvl 3 ≥ 200 < 100,000 / < 5,000,000 0.028% 0.030% Lvl 4 ≥ 500 < 100,000 / < 5,000,000 0.027% 0.030% Lvl 5 ≥ 1,000 <Published on 28 Jan 2025Updated on 29 May 2026AnnouncementsHow to use OKX's option copilot
At OKX, we understand that professional options trading can be challenging. That's why we offer simplified options portfolio trading through our options copilot feature. This feature allows you to manage different market expectations using multi-leg combinations. Currently, we support three types of options structured products: Yield Hunter.Yield Hunter Yield Hunter is a non-principal-protected investment product that helps OKX users achieve higher annualized returns.Published on 18 Oct 2023Updated on 29 May 2026Product documentationMax Transfer Amount with Option Value
Therefore, positive option values do not increase the limit for transfer out.PM Mode For accounts in PM mode, positive net option values are considered as eligible equity to support borrowing and hence increase Max Transfer amounts [Note: net option value in an account equals to sum of value of long options and value of short options].Published on 9 Aug 2023Updated on 29 May 2026Product documentationAnnouncement regarding OKX's plan to support OM crypto migration
As advised by the MANTRA team in the following X post, OKX will revise the OM ERC20 to MANTRA chain migration schedule. OM transfers, deposits and withdrawals will be suspended at 08:00 UTC on Jan 3, 2026. The migration will take place between 08:00 UTC on Jan 3, 2026, and 22:00 UTC on Jan 5, 2026. Please note that OKX will strive to complete the token migration within the specified time frame....Published on 21 Dec 2025Updated on 29 May 2026Announcements