Option Trading Tutorial（PC）

1. Log in to the AOFEX website and click on “option” to enter the trading section.

2. Options trading on AOFEX Exchange includes BTC/USDT, ETH/USDT, EOS/USDT, BCHABC/USDT, BSV/USDT and ETC/USDT, providing options trading of 5M, 15M, 30M, 1H and 1D, respectively. Please select the option trading pair and duration that you want to buy. Let's take the 5 minute BTC/USDT trading pair as an example:

 3. There are three ways to trade. You can choose "call"/"put"/" flat "in the buy options area at the bottom of the page based on your judgment of the market. With effect from 00:00 on May 9, 2020 (GMT+8), AOFEX will implement the following criteria for the settlement of NSO transactions:

Session	Call	Put	Flat
5M	|Up|＞0.03%	|Down|＞0.03%	|Price Limit|≤0.03%
15M	|Up|＞0.04%	|Down|＞0.04%	|Price Limit|≤0.04%
30M	|Up|＞0.05%	|Down|＞0.05%	|Price Limit|≤0.05%
1H	|Up|＞0.06%	|Down|＞0.06%	|Price Limit|≤0.06%
1D	|Up|＞0.10%	|Down|＞0.10%	|Price Limit|≤0.10%

At present, the types NSO that can be selected are call, put and flat. After the adjustment of the judgment criteria, the judgment criteria for the call, put and flat of different delivery periods will be different. Please refer to the above table as the standard.

Buy call: the token shall increase at the time of delivery relative to the beginning of the price, and the absolute increase is more than the proportion shown in the table;

Buy put: the token shall fall at the time of delivery relative to the beginning of the price, and the absolute decrease is more than the proportion shown in the table;

Buy flat: the absolute value of the price rise or fall relative to the beginning of the transaction in the token shall be less than or equal to the proportion shown in the table.

Note: if the option is called before the new standard is exercised, the settlement shall still be carried out in accordance with the original rules.

4. Option trading is now supporting buy and settle in multiple tokens. You can use OT, AQ, USDT, BTC, ETH, EOS, LTC, XRP, BCHABC, BRC to trade, you also can use A points (AP). Select the buy direction (long/short/flat), enter the quantity, and click “Buy”. Note that you need to stop buying options 30 seconds before the start of the option.

5. After successful purchase, the delivery status can be checked in the waiting delivery area; If settled, view it in the historical delivery.

6.The option will be settled in the token in which it was bought. When the purchase direction is consistent with the actual delivery result after the delivery of the called option, the income of corresponding yield rate will be obtained, and the settlement asset will be directly entered into the personal account asset.