Are Crypto Option Strike Prices Adjusted for Network Upgrades?
Generally, no. Crypto option strike prices are typically not adjusted for network upgrades (like a hard fork or soft fork) unless the upgrade fundamentally changes the underlying asset's economic value or unit of account in a way that is deemed material by the exchange.
Standard adjustments are rare.
Glossar
Crypto Option Strike Prices
Reference ⎊ The strike price represents the fixed contractual exchange rate at which the underlying cryptocurrency can be bought or sold if the option is exercised by the holder.
Hard Fork
Disruption ⎊ A hard fork represents a radical divergence in a blockchain’s protocol, creating a permanent split and typically resulting in a new cryptocurrency.
Unit of Account
Account ⎊ The unit of account is one of the three classic economic functions of money, serving as a common numerical measure for stating the prices of goods, services, and financial assets.
Option Strike Prices
Reference ⎊ The strike price establishes the fixed contractual level at which the underlying crypto asset can be exchanged upon exercise of the option.
Network Upgrades
Evolution ⎊ Network upgrades represent fundamental changes to a cryptocurrency's underlying protocol, implemented through consensus mechanisms like hard or soft forks, to introduce new features, enhance security, or alter the economic model.