The contract holder (buyer) can choose to exercise the option if he or she can benefit from doing so, and the contract writer (seller) will have to pay the relevant amount to the contract holder. If there is no benefit from exercising, the buyer can choose not to exercise it, and then the seller does not need to pay anything. Here are some basics of options: Underlying asset: asset for trading on which derivatives contract’s price is based.

If the user does not pay attention to distinguishing it, he/she will click the link to enter the phishing website or download the Trojan horse program. Once the Trojan horse program runs, it can monitor the sensitive information entered by the user and get it.

She expects to take profits when the market price drops to 8,000 USD and to stop losses when the market price surges to 10,000 USD. Jenny places an OCO order as shown below.

If a Verified Merchant needs to cancel the verification status, he/she must submit an application online on the Site. If there are no ongoing disputes in the Verified Merchantr's account or other behaviours that may affect transaction security or integrity, we will review and approve within 5 working days. A refund of the deposit shall be made by OKX after the verification status has been terminated.7.