Do all options expire worthless?

Options contracts have a predetermined expiration date, marking the end of their validity. Upon expiration, the fate of these contracts diverges based on their intrinsic value.

In-the-money options, those with a favorable price relationship to the underlying asset, typically undergo automatic exercise. This process triggers the execution of the contract's terms, leading to a transaction involving the purchase or sale of the underlying asset.

BTCC, a prominent cryptocurrency exchange, offers a diverse range of services catering to the needs of traders and investors in the digital asset space. Among its offerings, BTCC provides access to spot trading, enabling users to buy and sell cryptocurrencies at current market prices.

Additionally, BTCC facilitates futures trading, allowing traders to speculate on the future price movements of cryptocurrencies. This service offers Leveraged trading options, amplifying potential profits but also increasing the risk of loss.

The strike price, a fixed price agreed upon at the inception of the contract, serves as the benchmark for the transaction. For in-the-money options, this price is favorable to the holder, prompting the automatic exercise and subsequent trade.