Huobi Options Tutorial(Web page)

Step 1:Log in to Huobi Futures: https://www.huobi.bi/zh-cn/. Click “Options” on the upper navigation bar and log in to your Huobi account.

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Step 2: Click “Open options trading” and enter into the options trading page. Complete the ID verification and click “Next Step”. Read the User Agreement carefully and click “Open” to open options trading.

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Step 3: Begin trading.

  • Based on the options right, there are call options and put options for each asset. Here we take BTC options as an example:

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  • There are buyer and seller for a single options contract, and the corresponding rights of each party are as below:

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  • The digital assets required in options trading (call & put) for buyer and seller:

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Note: If the seller buys to close positions of put options, the premium required to pay will be deducted from the performance margin, hence there is no need to freeze premium.

For details of premium and performance margin, please click>>>

 

  •  An Example of call options seller:
  1. Take BTC options as an example. Since performance margin (underlying asset: BTC) is required to be frozen when selling to open positions of call options, the seller has to transfer BTC to options account first.

Click “Transfer” button (or the “Trading Management - Contract Assets” on the navigation bar to enter into the asset page, then click “transfer”). If you don’t have digital assets in options account, click “Buy” to enter into the OTC Market.

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  1. Select an option type you want to trade, for example [BTC0925C11500·Quarterly]. Users can choose Limit Order or Trigger Order to open a position. Assume you choose Limit Order, just enter the price and quantity, then click “Sell Call” to place an order.

★★★Limit Order Instruction>>>

★★★Trigger Order Instruction>>>

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  1. After the order is successfully placed by the call options seller, a certain amount of performance margin is required to be frozen.

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  1. When the order is filled, the call options seller will receive the corresponding premium while the transaction fees will be deducted from his/her account.

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  • An example of put options seller
  1. Take BTC options as an example. Since performance margin (USDT) is required to be frozen when selling to open positions of put options, the seller has to transfer USDT to options account

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  1. Select an option type you want to trade, for example [BTC0925P8500·Quarterly]. Assume you choose Limit Order, just enter the price and quantity, then click “Sell Put” to place an order.

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3. After the order is successfully placed by the put options seller, a certain amount of performance margin (USDT) is required to be frozen.

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4.When the order is filled, the put options seller will receive the corresponding premium while the transaction fees will be deducted from his/her account.

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  • An example of call/put options buyer:
  1. Call or put options buyer should first transfer USDT to options account. Here we take“buy to open positions of BTC call options”as an example.

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2. Select an option type you want to trade, for example [BTC0925C11500·Quarterly]. Assume you choose Limit Order, just enter the price and quantity, then click “Buy Call” to place an order.

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3. After the order is successfully placed by the call options buyer, a certain amount of premium (USDT) is required to be frozen.__3-_.png

4. After the order is filled, the call options buyer has to pay the corresponding premium and transaction fees.

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Step 4: End the transaction. There are two methods to end the transaction:

  1. Users can close positions at any time before the delivery (expiry). For details of Options Account Equity and PnL Calculation, please click>>>
  2. All open positions of in-the-money options will be exercised automatically on the expiration date, while at-the-money and out-of-the-money options will become invalid at the expiry. For details of Options Delivery, please click >>>

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